| I work a full-time job, can I
still trade? |
| Absolutely! 80%
of our members work full-time and lead very busy lives.
We provide crystal clear information so that when the
time comes to make a move you are instantly notified with
a specific message. |
| |
What
is the OEX - What are OEX
Options?
|
| OEX is the ticker
symbol for the Standard & Poor's 100 Index traded
at the Chicago Board Options Exchange (CBOE). The options
traded on the S&P 100 index are commonly referred
to as the OEX. For a complete review of the index please
visit the CBOE. OEXSTREET.COM has no association with
the CBOE. |
| |
| How much does an OEX option cost? |
| We trade the front
month option series with deltas ranging from 40% to 65%.
The farther out we are from options expiration (3rd Friday
of every month) the higher the option prices due to time
premium (Theta). There's no need to worry about learning
the Greeks. We take care of everything for you by providing
the exact option contract to trade. But on average the
options we trade are priced from $500 to $1000 per contract. |
| |
| I cannot watch the market minute
by minute. Can I still trade? |
| Absolutely! Yahoo!
messenger is a very small software that runs in the background
while you work. When we send a trading alert you will
receive a flashing message on your tool bar and an audible
alert telling you that we've sent you an instant message
for you to review. The message will be precise and you
will know exactly what to do. Everything we do is designed
with you in mind. We realize that not everyone has the
ability to watch the markets in real time and we also
know that everyone doesn't trade for a living so we tailor
our messages to fit you. |
| |
| Are the trades sent in real-time
or after the market closes? |
| All correspondence
is REAL-TIME. This means the instant a trading signal
develops you will be immediately notified. We use Yahoo!
messenger to send trading alerts & signals. It's the
most efficient way to get these important updates to you. |
| |
| I'm new to options; will you teach
me to trade? |
| Though, the majority
of our members have some experience trading options, some
come here with absolutely zero experience. We always recommend
starting off slow and lerning while you watch others.
This way you avoid the typical mistakes made by new option
traders. Our lead trader is available to chat on Yahoo!
messenger and will answer the most basic questions, or
complicated one for that matter. We're here to help you
achieve your goals! |
| |
I like
to scalp emini futures. Do you provide this?
|
| Scalping is a form
of trading where you jump in & out of emini futures
quickly in hope of capturing a small gain. There are many
drawbacks associated with scalping strategies. In our
10+ years of dealing with thousands of on-line traders
it's obvious that most traders do not have a concrete
trading plan. In fact we've seen "scalpers",
as they're known as in the industry, be successful up
to 85% of the time and still lose money. This is because
they use extremely wide protective stops and very small
profit targets. If you throw enough darts you're going
to hit the bullseye. But you're also going to miss the
board from time to time and these guys sometimes fail
to use stops and it ultimately ruins their performance.
We prefer a more savvy trading approach designed for longevity,
not some get rich quick idea that isn't going to work
3 months down the road. Our lead trader helps members
each morning navigate the S&P eMini futures with an
extremely high success rate. We invite you to monitor
the action and see how "scalping" is correctly
incorporated. |
| |
| Do you hold trades overnight? |
| No. We only day
trade. If a position is held late in the afternoon we
will send you an instant message with exact instructions
on closing out the position so that you have zero risk
overnight. We can always reposition ourselves the next
day and many times we get a much better price! |
| |
| Is the free trial a full version? |
| Absolutely. We
provide full access to our options and futures alerts
so that you can make an educated decision before you buy.
We want you to be confident in the quality of our service.
Ask our lead trader a question while on the trial. You
will get a detailed response and we strive to exceed your
expectations. |
| |
| How often will
I receive an OEX alert? |
| There is an average
of Five OEX option setups per week. As volatility increases
the number of trades increases. In other words, if the
market is range bound, risk levels are evaluated and trades
are minimized to reduce risk. We typically broadcast 1
OEX option buy signal every day. Though, because the buy
signal is specific, all buy signals do not trigger. This
means, on average, we enter OEX options successfully 2
to 3 times each week. |
| |
| Do I need $25,000 to trade your
OEX option signals? |
| NO -- The pattern
day trader rule states that you cannot execute more than
3 option day trades within 5 calendar days. Seldom, if
ever, do we day trade 4 or more times within 5 calendar
days. This means if your account size is a fraction of
this requirement you will still be able to trade our signals. |
| |
| Can I ask questions about my option
position? |
| Absolutely! Please
do ask questions, that’s why we are here and use
Yahoo! Instant Messenger…immediate access! |
| |
| How much time is required to trade
your system? |
| We primarily trade
between 9:30am and 11:30am ET and 1pm and 3pm ET. The
trades can be random, but we find that through the lunch
period it's a safe bet to take off a couple of hours if
you need to run errands and handle work related issues.
We realize that the majority of our members have full-time
jobs and we try to accomodate their schedules by working
our trading times around theirs. |
