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Folks,

This Newsletter is made up of the information and chronicles how I made my millions and I'm going to send it to you free. Why? Because I've already made the money and they changed some of the rules because of me. It makes for exciting reading in an otherwise quite boring financial white paper on options trading.

Yes, it is true. The option exchanges actually went to the SEC and ask for rule changes to protect themselves from my trading strategies (at the time I was for looking for mis-priced options). They did not go after me legally, because it was perfectly legal, but they changed the rules so that that I could not use that particular strategy anymore. That hasn't stopped me because I just come up with newer strategies designed for high percentage profits and at the end of the day, they have to trade or they can't make a living and just because I know the game, they cannot disallow me from trading... "It's a thing of beauty to behold".

Once, (and this story is in the newsletter) an Irish guy from Chicago was working on the floor of the CBOE and had my order to execute against a published quote in his hand. The options specialist saw that I caught him with an option that was way undervalued and my floor broker went to buy it, but the specialist trading that option tried to back away from his quote saying that "his computer must be malfunctioning" or something (he was asleep at the wheel and maybe even had a hangover) and I caught him sleeping. When he tried to back out of the trade - this young Irishman didn't like that at all and he , after all he considered himself a tough guy that worked his way up, coming from the streets of Chicago and no-one was going to get one over on him and after-all, what the specialist was trying to do was against the rules. If you post a quote, you must stick by it (especially for a public customers order and only a 10 lot) a 10 lot is options-floorspeak meaning ten contracts. Anyway, to make a long story short it broke out into a bar room brawl, right there on the floor of the CBOE!

The next thing you know I look up at the NYSE News Ticker "Fight Breaks Out on the Floor of the CBOE" it reads! Wow that was my trade. I received a phone call from my broker explaining what had happened and I was asked whether or not I felt that the Irishman should go back in and keep fighting (as there was a break in the action to phone the client). I said "NO! stop the fighting" as we can lose this battle but we'll win the war! And so we did just that, every time I found an over or under valued option, I would slam a 10 lot down his throat for the next three to four weeks, unrelenting in the pressure since he had backed away. He must have gone to the bar everyday after work just to let off steam or to stare at the bottom of his scotch glass wishing this wasn't happening to him.

My point is that trading options is a tough business, sometime literally, but mostly its simple math. The specialists that you are trading against are ruthless and want to win, that is how they make a living and many times it is you against them - so be prepared for battle when you go in and do not let up, as options floor traders are notorious for trying to stick you with a losing trade. It's not for the faint of heart and not for those who will acquiesce to getting a worse price, you need to fight for the price that you really deserve or they may RIP YOU OFF!

I've got current stories and strategies and some from the good old days when options trading was the wild west and the guy who had a computer for a brain with only one eye and I mean that literally, had walked around the floor of the Amex trading and using locked in arbitraging strategies like debit spreads for a credit or A-symmetrical butterfly spreads, still way underused, and he would walk away with millions per year and no-one could figure out what he was doing.

I've got that kind of experience and it is my pleasure to share it with you, so please sign up today for your free newsletter and let me help you to understand the way that I think. I think like a millionaire and it made me a millionaire - Shouldn't you?

If not, don't waste your time or mine because you wont get out of the newsletter what you should, you have to want to make millions to make them - Do you really want to? It really is that simple, do you want to make millions -Yes or No? If yes, get your free newsletter today and if no, you are on the wrong site.

thx...

The Options Trader