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Hello, and welcome to the Option Trading Group.  We meet in person, and sometimes on-line, to discuss Butterflies, Condors, Ratios, Verticals, Positive Vega structures via crash protection, and more.  Most of our discussions lean toward positive theta trading.  All experience levels are welcome, and this meetup is not used as a sales pitch.  The goal of this meetup is for all attendees to leave with insightful information. 

Free Rolling Spread Model newsletter: 

In addition to organizing the meetup group, we offer a free newsletter discussing the Rolling Spread Model.  This model has averaged in excess of 1%+/week, requires small amounts of capital to implement, accommodates trend, and it is for educational purposes only.  The model is systematic with clear and concise rules.  It is also unique in that it does not lean on strict probabilities upon entry to be successful.  The live history of the model is included in the publication, and can be signed up for here: 

The organizers also run the WhiteRock Newsletter.  This newsletter offers Credit Spread and Iron Condor educational information.  WhiteRock maintains a positive vega stance for crash protection.  WhiteRock has developed a unique way to structure 3 legged Spreads, and 5 legged Iron Condors, to collect premium, yet remain positive vega for crash protection.  When market crashes occur, the VIX quickly rises to elevated levels, and negative vega trade structures are adversely affected.  WhiteRock's trade structures have the potential to perform well in a market crash.

WhiteRock offers a complimentary newsletter with spread and performance updates:

The WhiteRock spread history can be found here:  WhiteRock is one of the few newsletters which offers a spread history, and has outperformed the SPX, and most hedge funds, while maintaining a low correlation to the market. 

This meetup discusses, and discloses, these positive vega trade structures so attendees can implement them on their own.  Others may want to subscribe to our newsletter to follow along, or have a Registered Adviser implement the newsletter on their behalf. 

About the Organizer:

Jay was raised in Hawaii and Southern CA., graduated with a business degree from Oral Roberts University in 2000.  He has been trading since the mid 1990's, and focuses on developing trading models and consulting.  While at university, Jay's mother and sister were in a fatal car accident with a street racer in November of 1998.  The family's walk through forgiveness was featured on Oprah, Dateline, CNN, various talk shows, and eventually made into a full feature Hallmark movie called CrossRoads: A Story of Forgiveness,

Jay's family includes motivational speakers and ministers, and he greatly enjoys connecting with like-minded traders throughout the world.  He has also taught hundreds of traders on his unique trading techniques from Binaries to longer term investing.  He is the Chief Strategist at WhiteRock, a newsletter and education firm focusing on positive theta/vega trade structures.  The positive vega trade structures were validated in real time on 8/24/15 when implied volatility dramatically rose, and these trade structures continue to be utilized to sell options, and employ crash protection. 

RISK STATEMENT: The trading of options, stocks, futures, commodities, index futures or any other securities has potential rewards, and it also has potential risks involved. Trading may not be suitable for all individuals. Anyone wishing to invest should seek his or her own independent financial or professional advice. Past performance is not necessarily indicative of future results. There are risks associated with all investments including trading stocks and options. No trading recommendations are being offered.  This information is for educational purposes only.  WhiteRock, and anyone affiliated with WhiteRock, is not offering financial advice, and by attending this webinar, or utilizing this information, you agree to our terms of use and service, and understand all risk is taken at your own discretion. 

We're 850 Traders

Membership is open to everyone

Content of this Meetup Group is only visible to members

Upcoming Meetups

  • Thursday, June 29, 2017 5:00 PM

    Webinar: The Trend Fly, a Mechanical Short Iron Butterfly Model

    15 Traders attending
Founded Jul 3, 2007



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