Monthly Cash Thru Options is an options advisory & educational newsletter that focuses on non-directional, income generating, 90% probability index credit spreads and iron condors that primarily represent a strategy of selling options, not buying. Iron Condors are relatively simple to learn and visualize, they require only a few hours per week, they make monthly income during upward trending, sideways or downward trending markets, they do NOT require you to sit in front of the computer watching your trades, do NOT require you to become an options expert on myriad options strategies, and they generate consistent, monthly income. Our investment philosophy is not to push the envelope on credit spreads because this increases the chance of large losses, so we primarily use 90% probability trades. For more on why we think Index Iron condor & credit spreads are the best strategy to learn, please read Top Reasons.
We focus on Iron Condors, an options "selling" strategy, because it's a well known fact that 80% of all option contracts expire worthless, that is the buyers of options lose the premium they paid when purchasing the options; so by getting on the other side of the trade and being the seller, we make an excellent 6% to 10% return monthly, or 45% to 65% annually. We achieved returns of 92% for 2009, 33% in 2008, 63% in 2007, 42% in 2006 and 50% in 2005. For more details on our returns please visit the ROI Track Record page. For more information on how we're able to generate these consistent returns, and how we manage risk please read Why Market Timing is Important. We trade options primarily on the S&P 500 Big-cap ETF (SPY), the S&P 400 Mid-cap Index (MID), and the Russell 2000 Small-cap index through both the index and the ETF (RUT & IWM).
