Good question.. when the stock wend down to 57, these COP options were down probably around 60-70%(dont know the exact #)
I don’t know how easy or hard it is… I look at amatuer level information like moving averages, bollinger bands, insider buying, industry trend, and most importantly what Zeal says!! 🙂
Hopefully I’m not giving off a vibe like I’ve pulled it off, or I can do it over again, because I probably just got good advice from Zeal and also got lucky. I was just suggesting that it might be an interesting approach for enabling a person to park most of their money in something super safe, yet still get some highly leveraged volatility with a little bit of money.
If you get Zeal Newsletter, there is a part where they list their currently open positions and what % gain they’ve had.. overall since I’ve subscribed Zeal has done very well.. maybe in the past they didn’t, maybe the only reason I found them was because they started to gain popularity as precious metals took off? Don’t know for sure…
