In addition to the wins, I have seven open positions, meaning I have a good chance of taking more winners to the bank this month. Those picks still in play have required me to average down in order to better position myself for wins. When the market was in a freefall, I was able to buy more contracts of these options at bargain prices. But in today's column, I want to show you the power of my system to win when the market is downright horrific. I have $13,700 in wins this month alone. And, of my eight victories, seven of them are from picks I made this month. That means that my new picks are bringing in rapid victories. In fact, my Oct. 13 pick is the only one made this month that is still in play.
Now onto some of the wins. On Friday, I won twice, once with Deere ( DE) and the other with Halliburton ( HAL). I bought Deere March $30 calls (DECF). After only two days, I was ringing the register to the tune of $2,100. My win was more than $1,000 because the stock price fell rather quickly after my pick and I added 10 more contracts on Thursday, bringing my average cost down to $11.50. On Friday, the option shot up well past my goal of $12.50 and brought me home a winner. With Halliburton, I took home the victory after only a few hours. I had my order filled at $8.70 and later that day the price went up to my good till canceled sell price of $9.70.
The Deere pick was also a great win for another reason: It pushed me over my goal of $200,000. I like to think I have realistic expectations. However, some people thought that hitting that mark was just a pipe dream, especially when the markets went mad. People have been telling me my entire life that I can't do this or that. I like nothing better than to prove my critics wrong. Those who have believed in the system and in themselves have benefited by standing tall when others have run for the hills. Now, I am still waiting on some substantial positions to come through. I expect them to do so. Other wins that have already crossed the finish line this month include Microsoft ( MSFT), Cisco ( CSCO), Texas Instruments ( TXN), Chesapeake Energy ( CHK), The Shaw Group ( SGR) and Pfizer ( PFE). Always remember: Life is a journey, enjoy the ride! Nobody ever made a dime by panicking, says Jim Cramer. Moneymaking opportunities exist despite the market turmoil. So where's a market master like Cramer putting his money these days? Check out his personal portfolio at Action Alerts PLUS. Take a free trial now.