On Optrader’s section yesterday he was asked how he works with AAPL as an investment. He replied that he just ‘plays with the covers’. I’ve got a separate portfolio where I use primarily this technique over the past 6 months. Up 60% The principles involved are stock selection, patience, patience, using covers to protect profits, rolling covers to maximize premium return, and exiting when covers are gone and stock price is high. Sometimes it’s hard to remember where you learn to do this stuff, but much of it is from integrating principles I’ve learned here with thing I already knew. Thanks for the help on this, Phil and others.

- Roaster, Mar 7, 2010  

Thanks Phil another great week of guiding us!

- Steven Parker, Dec 18, 2009  

The strategy you have laid out pretty much mirrors much of my trading activity. I also mix in some momentum plays and \"drop dead\" bargains that come across my radar. My YTD trading profit is 63%. Back in March when Phil said \"unless you think the world is coming to an end, then NOW is the time to start taking positions in Buy/Writes with the VIX so high.\" I jumped in with both feet - ( thanks, again Phil)

- Chaps, Nov 11, 2009  

Phil - I caught the interview…. terrific!. Your host recommended that the viewers should \" go to your site, as you will be entertained \". That is for sure if you consider entertainment is laughing while you read, learn and make unbelievable leveraged profits that you never thought were possible. That is my kind of entertainment !

- Gel1, Nov 10, 2009  

Phil - Wow…wow. The vision and inate grasp of the options world you posess is rather staggering. It’s this type of experience that I really hope to develop. I’m afraid I still can’t see the moves, but I WILL learn. I cannot thank you enough for the patience, knowledge and effort you put into this place. Please keep it going!

- Where, Sep 24, 2009  

Phil Thank you very much, I appreciate your help and wisdom.

- CdsdpDean, Jul 24, 2009  

Phil - Your logic not only makes sense, but it made a lot of premium profit for me over the past 12 months. I have recovered much of the massive equity losses of last year. My Monday play is the sale of long term puts on FXI. Love the premium!

- Gel1, May 18, 2009  

GLD I took out my callers and rolled down my longs this morning, woo hoo!

- Ephmen85, Mar 18, 2009  

Sold out my AAPL mar95 calls. Up over 100% today on them!

- Singapore Steve, Mar 17, 2009  

WOW!!!!!!!!!!!! How will I ever do anything else in my life that will compare to the wild ride you get trading an ultra etf in the most volatile sector in the stock market the day before option expiration?

- Matt1966, Jan 16, 2009