Boca Raton, Fla. (PRWEB) May 12, 2010
The Gold and Energy Advisor (http://www.GoldandEnergyAdvisor.com) announces that its options strategy of using both selling put options, and writing call options against recommend stocks in its model portfolio(s) produced profits of as much as $998 in the month of April.
"Writing call options against the energy stocks that we recommend and trade options continues to be extremely productive," says James DiGeorgia, editor of the Gold and Energy Advisor. "Selling short puts instead of actually buying shares in energy companies can also be an extremely effective and profitable strategy."
A perfect example of the call writing strategy is how DiGeorgia recommended it with Anadarko Petroleum, which he recommended February 1, 2005 at $30 a share. By steadily recommending writing call options against each 100 shares of Anadarko, he was able to show subscribers how to steadily reduce the cost basis of their shares in this energy company to as little as $3.02 a share.
"When we recommended taking profit in Anadarko when it was trading at $65 a share, those who bought the stock on my original recommendation, and followed my call writing strategy took profits of up to 2,111%," DiGeorgia said.
About The Gold and Energy Advisor
The Gold and Energy Advisor is a monthly newsletter that covers the precious metals and energy markets, and also provides frequent updates and special reports about investing in the precious metals and energy markets via its online website and email. *All performance results are hypothetical and investors are urged to read the publications' risk disclosure statement. The Gold and Energy Advisor is edited by James DiGeorgia, who has extensive experience in precious metals and the energy markets, and is considered one of the world's foremost authorities in both areas. For a 90 day free trial online to the Gold and Energy Advisor, visit http://www.goldandenergyadvisor.com/page/gez/free/issue.html?x=a002686-0010
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