Q: How did DITM calls became your forte?
A: I had given a financial advisor I hired $2 million of my money to invest for my retirement. He lost all but $400,000. That was my wake-up call. I was humiliated, and I walked away vowing never to let that happen to me ever again. I knew I had to take matters into my own hands. There was money to be made in the market, and once I learned the intricacies of different strategies, I liked trading DITM calls the best. It allowed me to invest only a portion of my portfolio while still making big gains. It allowed me to make the best use of my money. The proof is in the pudding, so to speak. All my hard work has been paying off for me this year. I am 87-0 and have netted big wins recently despite a fluctuating market. Here are some of the wins: Forest Laboratories (FRX Quote), United Technologies (UTX Quote), Caterpillar (CAT Quote), Microsoft (MSFT Quote), General Electric (GE Quote), Archer-Daniels Midland (ADM Quote), Halliburton (HAL Quote), Parker Hannifin (PH Quote), Deere & Co. (DE Quote) and Cisco (CSCO Quote). Always remember: Life is a journey, enjoy the ride Lenny Dykstra manages Nails on the Numbers, a subscription service sold by TheStreet.com. Mr. Dykstra is 87-0 in his options pick this year. Mr. Dykstra writes regularly about options trades for TheStreet.com.- Loading Comments...
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