Eric Burliegh will be in Orlando teaching a sold-out Market Timing class. I asked what his favorite topic would be for our Meetup and he suggested Maximizing Cash Flow using Options.
I know from our first Meetup, which was about trade plans, that several members are successfully generating cash flow using options. I would like to encourage everyone to attend this Meetup, including the options pros. I think it would be very helpful to those just starting out to hear several strategies for generating cash flow trading options.
By the way, you may not realize it but options settle in one day, as opposed to stocks which take 3 days. This is not a big deal in your margin account, but in your IRA it's a huge benefit. I'll be chiming in on how I day-trade my IRA (every day) using options.
Bring a friend!
Mike Siewruk, Organizer