Option Selling with Hourglass Trader Reviews

Option Selling with Hourglass Trader involves teaching safe, effective, and profitable strategies for selling options to help investors beat the market year after year. The program includes:

• Education: Videos and write-ups to help new traders become proficient in option selling.
• Trade Ideas: Weekly and daily trade ideas to plan and execute trades.
• Alerts: Timely alerts on which trades to make and when.
• Community: A 24/7 Discord server for community support and discussion.
• Tools and Tracking: The HT Profit Tracker and other tools to monitor and manage trades.

The goal is to outperform the market by leveraging strategies like theta decay and using stock valuation worksheets to make informed decisions.

Pros of Option Selling with Hourglass Trader:

• Stable and Less Hectic: Option selling with Hourglass Trader is described as stable and less hectic, allowing traders to react and adjust positions without constant monitoring.
• Time to React: Traders have ample time to let time decay work in their favor, which can lead to profitable trades.
• Profitable Income Stream: Selling options can create a consistent income stream by selling against stocks week after week, month after month.
• Effective Strategies: Hourglass Trader teaches safe, effective, and profitable option selling strategies to help traders beat the market year after year.

Cons of Option Selling with Hourglass Trader:

• Risk of Black Swan Events: There is a risk of black swan events or very volatile gaps, which can affect longer duration option selling.
• Potential Losses: While selling options can be profitable, there is always a risk of losing money, especially if the underlying stock/index moves against the trader.
• Need for Patience: Traders may need to wait for suitable trades, which can be time-consuming and requires patience.