Income Trader

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Rating: 3.2/5. From 14 votes.
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Rating: 3.7/5. From 21 votes.
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Customer Service

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30 Comments
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Joe Kennard
Member
Joe Kennard
May 10, 2017 8:56 am

Very good service for options trading – Selling Puts. Recommendations are once a week for regular subscription (1 suggested company name, suggested option trade and detailed research) , twice for premium (2nd e-mail is normally 3 company names and suggested option trade , not as much detailed information). In my 4th year with the service, May 2017, have made over $30,000 dollars.

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Carol
Irregular
July 12, 2017 7:35 pm
Reply to  Joe Kennard

I agree with Joe, I have also been using this service for 4 years and have made over $40,000 dollars. Have only had 6 losing trades in 4 years. The one thing you have to remember that if you are trading this in a taxable account you will owe money on your profits.

Key
Guest
Key
May 1, 2018 10:39 am
Reply to  Carol

Joe, Carol – thanks for your comments. What was the percentage return of the $30,000 and $40,000? Thanks

johnbon123
Irregular
johnbon123
July 15, 2017 10:32 am
Reply to  Joe Kennard

joe thanks for the review I have been looking at this service just wondering if it was worth it and it sounds like it is
thanks

👍 2
Carol
Irregular
July 12, 2017 7:40 pm

I agree with Joe. I have made money in the 4 years I have been using this service. Only had 6 losing trades in 4 years.
Please remember that if you are trading this in a taxable account you will have to pay taxes on your profits.

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johnbon123
Irregular
johnbon123
July 15, 2017 10:36 am
Reply to  Carol

carol thanks for the comments was wondering what online broker you use and if one works better then the other

👍 2
Bill
Bill
January 26, 2018 5:17 pm
Reply to  johnbon123

Roughly how many positions open at a time? Roughly the hold time? Thanks

Bill
Bill
January 27, 2018 3:02 pm
Reply to  johnbon123

Roughly how many positions open at one time? Roughly what is the average hold time? Do you still recommend her service?thanks

Joe Kennard
Member
Joe Kennard
February 19, 2018 7:58 pm
Reply to  Bill

Stats from 2017 – approximately 150 trades (started another service as well in October), 30 days average in trade, 94% success rate. Made over $11,000 this year. Did an average of 3 contracts per trade. Recommendations are usually good, quality companies. Have bought and kept some for long term.

homercmu
June 14, 2019 4:17 pm
Reply to  Joe Kennard

hi which service did you do well with in 2017 homercmu21

👍 14
Alan Davis
Irregular
Alan Davis
November 27, 2017 10:21 am

Are the vast majority of the recommended trades selling naked puts?