The ShadowTrader Weekly Options Advisory looks to capture short term profits using weekly options with durations of no longer than two weeks. While most options advisories focus only on spreads such as covered writes or verticals, ShadowTrader thinks outside the box and utilizes risk reversals, broken wing butterflies, unbalanced butterflies, and other esoteric spread combinations to take advantage of direction, volatility, and time on a short term basis.
Managed by Peter Reznicek, ShadowTrader’s Chief Strategist, the advisory sends out 8-20 trades per month via text message in real-time. Options trades are cut and pasted directly from the filled orders section of a real money thinkorswim account. At the end of each trading day, subscribers will receive an email detailing all trade activity that for that day. All trades including p&l on all options bought and sold are recorded and tracked and emailed to subscribers in a .pdf nightly.
Peter also “goes live” every day, usually the first 2-3 hours of the session to trade live and call the markets while they are unfolding.
During times when Peter is not live on the air, Weekly Options Advisory subscribers also receive daily (sometimes multiple times per day) VIDEO clips from Peter called “What’s Peter Thinking”. These are short (from 30 seconds to 5 minutes) videos that Peter records on the fly when he is seeing something that warrants a “heads up!”. Many traders have written us that these alone are worth the price of the service.
All Weekly Options subscribers also receive a complimentary subscription to Peter’s premarket report, Peter’s Premarket Perspective.