Optionsellers.com

Q2 Wrap Up with James Cordier

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Sinopse

Good afternoon. This is James Cordier of OptionSellers.com with a market update for July 5th. It’s so interesting; practically none of our clients have ever traded commodities. They don’t have commodity accounts, nor have they had commodity accounts in the past, and yet they all saw fit to read our book, understand short options on commodities, and read some of our materials - enough to get them to open an account and sell options on gold, silver, coffee, and soybeans. It’s certainly an investment that you’re not going to hear discussions about when you’re out to dinner or at a barbeque with friends. Options on commodities certainly is a new idea to many investors; but when you think about it, commodities like crude oil, gold, silver, and coffee, they’ve been around for a long time and will always be around for a long time. I get in front of this camera every 2 weeks and discuss opportunities in these different markets and selling options, you know, 50% out-of-the-money, how opportune strangles can be and s