[Download] Blank Check Trading System by Allen Sama
1. Introduction to Options Trading
Before diving into the world of options trading, there’s a crucial booklet that every trader must familiarize themselves with. This booklet, “Characteristics and Risks of Standardized Options and Supplements,” sheds light on the risks associated with options trading. It’s a technical read but offers invaluable insights.
1.1. The Profitable Trader’s Secret
Discover how to achieve profitability by winning 90% of your trades in just 20 minutes daily. Dive into the “underground” market that’s simpler to trade than stocks, bonds, forex, or most other trading platforms you’ve encountered.
1.2. Course Curriculum for Blank Check Trading System and Training
- Module 1: COURSE LESSONS
- Module 2: What are options
- Module 3: Puts and Calls
- Module 4: Option Pricing
- Module 5: Option Seller
- Module 6: Naked Puts
- Module 7: Energy
- Module 8: Futures Leverage
- Module 9: Futures Liquidity
- Module 10: Futures Margin
Additional Resources:
- Blank Check Trade Document
- Home Graphic
- Leverage Video Tutorial
2. The Watermelon Analogy: A Deep Dive
Imagine contemplating buying a watermelon shortly, anticipating a price hike. To safeguard against this, you can purchase a coupon (or option) that allows you to buy the watermelon at today’s price, even if the market price increases in the future. This analogy helps in understanding the dynamics of options trading.
2.1. The Power of Leverage in Options
One of the reasons options trading is gaining traction is due to the immense leverage it offers. You can control a significantly larger value with a small investment, leading to potential high returns.
3. Classifications of Options
When dealing with options, it’s essential to understand the classifications: In the Money, On the Money, and Out of the Money. These classifications are based on the relationship between the stock’s trading price and the option’s strike price.
3.1. Expiration and Option Value
Every option has an expiration date, which it ceases to trade. The value of an option is derived from two sources: Intrinsic Value and Time Value.
4. American vs. European Options
Most stock and ETF options are American, while index options are typically European. The primary distinction lies in the exercise timeline.
4.1. The Origin of Options
Options were only sometimes seen as investment tools. Initially, they served as insurance or hedges against potential losses in other investments. Over time, their popularity surged, leading to their current widespread use.
5. Key Trading Guidelines – Blank Check Trade Rules
These rules have been meticulously crafted and refined to optimize trading outcomes. They serve as a comprehensive guide for traders to navigate the complexities of the market.
- Focus primarily on Puts. Resort to Calls only when Puts face challenges.
- Engage only in naked options.
- Prioritize front-month options without overlapping. Aim for 35 Days to Expiry (DTE).
- Allocate up to half of your account, with one-third for initial engagements. Always maintain a third in reserve.
- Initiate trades around the 10-delta mark.
- Always consider support and resistance levels before entering a trade.
- Ensure a minimum credit of .20 for every trade.
- Engage Puts on declining days and Calls on rising days.
- Exit positions at a .10 debit or lower if more than two weeks remain.
- Avoid the final trading week due to high margins.
- After achieving your monthly goal, avoid unnecessary risks.
- Exit trades if there’s a 2% move in the opposite direction, then re-enter Puts on a declining day.
- Adjust strategies around the .20 delta.
- For adjustments, exit all positions and ensure the new credit matches the debit.
- Limit monthly losses to no more than three times your goal.
6. Blank Check Trading System Reviews
Sophia T. – Austin, TX ⭐⭐⭐⭐⭐ “Before enrolling in the Blank Check Trading System, I was overwhelmed with the complexities of trading. Allen Sama’s approach is straightforward and effective. I’ve seen a significant improvement in my trading outcomes. Highly recommended!”
Liam J. – New York, NY ⭐⭐⭐⭐☆ “I’ve taken several trading courses in the past, but this one stands out. Allen’s insights and the structured approach of the Blank Check Trading System have given me a fresh perspective. I only wish I had found this course sooner!”
Ava K. – San Francisco, CA ⭐⭐⭐⭐⭐ “The Passive Trading Lifestyle that Allen promotes is a game-changer. I love that I can trade efficiently without it consuming my entire day. The course content is comprehensive, and Allen’s expertise shines through.”
Ethan R. – Miami, FL ⭐⭐⭐⭐☆ “Great course for both beginners and seasoned traders. The Blank Check Trade Rules are a highlight, offering a clear roadmap for trading decisions. I’ve had a few queries, and the support team has been prompt and helpful.”
Isabella W. – Chicago, IL ⭐⭐⭐⭐⭐ “I was skeptical at first, but the results speak for themselves. The Blank Check Trading System has transformed the way I approach trading. Plus, the community of fellow traders is a bonus, offering peer support and shared experiences.”
Additional Information about Blank Check Trading System
1. Instructor Profile
Allen Sama’s journey into trading was born out of necessity. He was at a crossroads after facing a layoff due to the Subprime Mortgage Crisis. His initial attempts to navigate the trading markets were challenging, but a serendipitous discovery led him to a unique trading method to transform his life.
- The Turning Point: An unexpected oversight opened the doors to a lesser-known trading technique, reshaping Allen’s approach and outcomes.
- Passive Trading Lifestyle: Today, Allen embodies the Passive Trading Lifestyle. He dedicates just a few minutes daily to trading, freeing up the rest of his time for pursuits of his choice.
- Professional Endeavors: As the Head Trader at Option Genius LLC, Allen is passionate about sharing his expertise. He educates members, students, and avid listeners of the Option Genius Podcast.
- Personal Life: Residing just outside Houston, Texas, Allen cherishes moments with his wife and three young children. Outside work, he relishes traveling, quality time with his kids, dining out, and chocolate.
2. Who is this course for:
- Beginners: New to trading? This course lays a robust foundation. Allen simplifies complex concepts, introducing you to the basics and the Blank Check Trading System.
- Intermediate Traders: Those with some trading background can explore advanced techniques, enhancing their strategies and navigating trading challenges with Allen’s guidance.
- Expert Traders: Seasoned traders can benefit from Allen’s unique insights and advanced methodologies, refining strategies, and staying abreast of the latest trading trends.
3. Course Level:
- Foundational: The course starts with fundamental concepts, ensuring a unified starting point for all. Topics include Introduction to Options Trading and the distinction between Call and Put Options.
- Intermediate: Building on the basics, this level delves into the Blank Check Trading System, exploring strategies and the intricacies of trading, highlighted by segments like The Watermelon Analogy and The Power of Leverage in Options.
- Advanced: Here, traders tap into Allen’s profound expertise. The curriculum covers Classifications of Options, the differences between American and European Options, and more.
4. Frequently Asked Questions
Q1: What is the Blank Check Trading System?
The Blank Check Trading System is a unique method of trading developed by Allen Sama. It offers traders a structured approach to navigating the complexities of the market, with specific rules and guidelines to optimize trading outcomes.
Q2: Who is Allen Sama?
Allen Sama is an experienced trader who discovered the Blank Check Trading System. After facing challenges in his early trading days, he stumbled upon this method that transformed his trading journey. He is also the Head Trader at Option Genius LLC and hosts the Option Genius Podcast.
Q3: How did Allen Sama start his trading journey?
Allen began his foray into trading after being laid off due to the Subprime Mortgage Crisis. His initial attempts were challenging, but a serendipitous discovery led him to the Blank Check Trading System, which changed his life.
Q4: What is the Passive Trading Lifestyle that Allen Sama talks about?
The Passive Trading Lifestyle, as Allen advocates, involves trading for just a few minutes a day. This approach allows traders to spend the rest of their time on other pursuits, achieving a balance between work and personal life.
Reviews
There are no reviews yet