by Ken Trester 04/24/08
Ken Trester started trading options when the first exchanges opened in 1973. As the nation's foremost professional options trader, he isn't just an "options educator." He also actively trades his own account.
Ken has been a computer science professor at Golden West College in Huntington Beach, Calif., where he also taught a popular course on stock options trading. Ken is also widely quoted in publications such as Technical Analysis of Stocks & Commodities and Barron's. He has an MBA and has worked as a stock broker and an investment manager.
His options success secret is startlingly simple. It's a strategy basic to all investing. Ken only recommends low-cost, underpriced options. In other words, he "buys low and sells high." It's a simple theory, but one that's hard to put to work unless you have a math genius and computer whiz like him on your side.
Ken is the editor of Fast Options Profits and Maximum Options, both of which provide options trading recommendations for beginning to intermediate traders.
Fast Options Profits provides two options trading opportunities each week, while Maximum Options provides up to 10 options trade recommendations each week, from single-option plays to spreads, and also offers access to his top stock picks each week.
Generate Substantial Returns with Smart Bets
The less you spend on your options trades, the bigger your profits can be. Today we talk about how to get big payoffs for less money.
Trade Options With 'Fun' Money
Options can be so inexpensive, it's hard to remember that you're playing with 'real' money.
With options, you can make money when the market moves up or down. Listen to learn about making profits with diagonal spreads.
Cover Your Bases with Options Home Runs
You can't afford to nickel-and-dime your way to profits with options -- it's the options home runs that will keep you in the game long past the playoffs!
10 Commandments: Buying and Selling Options
Limit your risk when trading options. Learn Ken Trester's 10 commandments to ensure you bank money in both bull and bear markets.