Days like Monday -- when markets dropped nearly 4% -- don't bring wins in my deep-in-the-money options-trading system, which has a record of 99-1. But plunging prices help us fill our positions.
And that's exactly what happened yesterday. We landed our position in my pick Archer-Daniels-Midland(ADM Quote), which on Friday had looked possibly beyond our reach, at the price I specified.
My subscribers often take wins on open positions on the market's up days. Some big-movement days last week brought quick wins of $1,000 apiece on Microsoft(MSFT Quote) and Hewlett-Packard(HPQ Quote) -- proving that good tech companies at value prices can pay off for us.
We also scored a $3,900 payoff on our position in Cisco(CSCO Quote) on March 23, after 103 days in play. ...
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,482.61 | 1,112.10 | 2,213.23 | 36.11 |
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