Put Strategy Report

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12 Comments on "Put Strategy Report"

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Tampat
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Tampat
February 7, 2009 2:18 pm
Put Strategy Report, Stansberry Research This service is primarily selling options. I was aware of this service but never subscribed because I didnt want to sell naked options. They sucked me in on this one with an email teaser talking about a company that was going to declare bankruptcy soon and they were purchasing put options. I signed up and the company they rec’ed, (Macerich), still has not gone bankrupt. I still own the puts but they are at a loss so far. They claimed in their promo literature they couldnt get enough subscribers interested in selling options so they… Read more »
MarkHu
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March 19, 2009 1:48 pm

I like this newsletter. Almost all the recommendations have worked out well, and it has opened my eyes to a new investment strategy. Using the concepts, I’ve written several options successfully as well. Sure its a pricey newsletter, but the advice and recommendations are not run-of-the-mill either.
I’m marking it down one star for consistency since a couple issues have deviated from the primary strategy.

Rob L.
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Rob L.
March 21, 2009 8:37 am

The proof is in the pudding on this one…the results have been excellent so far. I’m wary of how well this strategy (selling naked puts on stocks you would like to own anyway) will do in different market conditions, but since each write-up emphasizes that you’re only selling these puts ON STOCKS YOU WOULDN’T MIND OWNING ANYWAY, it appears likely that it will work well in all kinds of markets.

Bob S
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Bob S
March 25, 2009 7:41 pm
I, too, took the bait on the teaser and then backed out after 30 days for a refund. The only recommendation I tried was to BUY a put (nearly everything else was to sell puts), and I stopped out for a 50% loss. Porter’s instinct was right about Macerich – his timing was off, and once I became pretty convinced the market was going to keep the stock price high – too many people were shorting it, I bailed. Boy was I wrong. Had I held on to the puts, (I bought the March $15 puts wheras he recommended the… Read more »
Larry G..
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Larry G..
March 26, 2009 2:10 am
I dutifully paid the $625 on Dec 11,2008, bot the Put for Macerich as he advised–never hear a word from him for about 2 months. I wrote an email to his customer service asking why I had not received any communication–got no reply. After another 5 days, I wrote to him thru his “feedback@stansberry research.com” website thru the S & A. Digest. Here is what I wrote: After a wait of about 5 days without a reply from your Customer Service Dept, I am attempting to reach you directly thru your Digest address. My letter explained it all: “Your obvious… Read more »
LG
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LG
May 26, 2009 10:13 am
I subscribed to his “Put Strategy” report and received two reports and then nothing since. The teaser that I responded to was a $1,000 rebate check to be mailed on May 11. Not bothering to email to find out why (assuming that he did not get enough subscribers and just cancelled it). My credit card was not charged for the service reinforcing my thoughts that he was not getting the amount of subscribers he wanted. Truthfully I am so sick and tired of all the hypsters and teasers that I just want to unsubscribe from everything and put my money… Read more »
JJ
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JJ
July 25, 2009 10:43 am
I subscribed to the Put Strategy Report about 5 weeks ago and I love it. The newsletter is very straightforward and easy to understand. The 2 recommendations (both put sells) I have followed so far are both up over 50% and I may simply buy them back rather than wait until the end of the year for them to expire worthless. These 2 trades have more than paid for my subscription. I should point out the fact that I am not a novice at trading options and that I have not automatically followed all of Porter’s advice. I have used… Read more »
Ted M.
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Ted M.
September 27, 2009 6:16 am

I’ve been subscribing for about 8-9 months. I’ve lost money on 2 trades, made money on all the rest, with a net gain overall in excess of the subscription fee for the newsletter. It’s also educated me on how to make options trades on other stocks, which I never would have done without the newsletter.

JPL
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JPL
September 27, 2009 12:18 pm
Hi, Ted M., Glad to know you’re doing well with the PUT Strategy report. Would you share your success in more details? I like to know how much better I could be doing, and subscribe to the report if advantageous, as my account is very small. I’ve been selling some puts on my own, my very first time, since Feb, this year. I started my account with $10,000 Cdn which is the minimum amount my broker will accept. Now it’s about $12,800 net. Canada allows only 50% margin. In total, I opened 7 trades, 3 expired worthless, 3 are still… Read more »
Bob
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Bob
September 28, 2009 4:02 pm
JPL wrote: “Somewhere I read that 12 winners out of 12 are to be expected for this kind of strategy.” That would only be true for far out of the money puts, where the premiums are tiny. The downside with those trades is that a single failure can create losses that wipe out 20 wins. Porter recommends selling puts that are out of the money but not far out of the money, so there is a greater probability of being put to the stock, but the premiums are bigger. Porter had some easy wins earlier in the year, when there… Read more »
JPL
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JPL
September 28, 2009 9:43 pm

Hi, Bob,
Thanks for your clarification about the high win ratio. Now I won’t feel too badly about losing one or two put trades. Slightly out of the money is what I’m now doing.
Take care,
JPL
9-28-2009

Bill
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Bill
December 25, 2009 11:44 am

I have been a subscriber for the last 8 months. I got mixed results when it started recommending to buy options. However since it shifted to selling options I have done very well. The number of recommendations have decreased recently due to as the service describes, the lack of volatility is decreasing the amount of profit vs risk. I promises more recommendations once the volatility goes up in the future. I am ok with that since I would rather conserve my money than throw it away.

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