Dear Fellow Investors:
I have been an active stock trader for over 40 years and an avid options trader for more than 10 years. Each Saturday I would look in the newspaper to find options with the best return Covered Calls. This process would literally take hours. First I had to find the stocks that looked promising. Second, I had to find the best options. Finally, I had to do calculations to determine the best returns.
I thought, "There has to be a better way." In 1997, a colleague and I had an idea - Why not use the power of the Internet to gather the data and use computers to do the calculations. We built a web site to do just that. I used the site to find the best options instead of using the newspaper. I was so excited that I showed it to fellow traders and let them use it also.
It was so successful that I decided to open the web site up to the public...and PowerOptions was born.
Since 1997, we have built a winning team to support and continue development of the tools and strategies PowerOptions offers. We now include over 150 pages in our award winning web site and cover 23 of the most popular option strategies. PowerOptions has been reviewed and acclaimed by many in the industry: Forbes, AAII, Active Trader Magazine, New York Post, and Nightly Business Report to name a few.
PowerOptions is so innovative, the US Patent and Trade Office issued us patents in 1997 and 2007.
By 2000, we took over operation of OptionFind.com, a site that has similar options search engine capabilities.
Many of our subscribers told us that they loved the system, but had trouble finding the time to do their own options research. They suggested that we offer an advisory newsletter service. We released such a service under the name PowerOptionsApplied.com in 2005. This service uses our expertise and patented tools to search out, publish, and manage what we feel are great option trades. We offer Covered Calls, Uncovered Puts, and Iron Condors so far, more of your favorite strategies to come.
Also in 2005, we released our first publication in the options education arena. Covered Calls: Aggressive Strategy for the Conservative Investor is a self-study course. It includes a DVD, 130 page book, and a workbook to help beginning option traders learn the basics of the most popular option trading strategy: Covered Calls. The course also includes 2 free months of the PowerOptions online subscription service.
In 2008, we released a second publication to compliment our self-study covered calls kit... Naked Puts: Power Strategies for Consistent Profits is a beginner level text that illustrates the details of using cash secured puts to acquire stock at a discount and generate income. It covers the basics of the strategy from understanding the theory, entering a new trade and covers all the way through trade management.
Also in 2008, we purchased the rights to the RadioActive Trading methodology. This investing methodology is just one strategy that options investors can use, but trading "RadioActively" gives investors a great chance of making money and keeping their capital while they do it. The RadioActiveTrading.com site offers plenty of educational materials to get any investor with any experience level into options trading with the ammunition he needs to be successful. After learning the methodology, investors can implement the trading style themselves with the help of the PowerOptions tools, or look over the shoulder of the RadioActive trading staff as they pick and publish trades to the FISSION advisory newsletter subscribers.
My staff and I are active investors; we use the PowerOptions tools every day. We are therefore personally committed to providing you with quality service and an exceptional value.
Please feel free to contact us with any suggestions or problems that you may have.
If you are inside the continental US, our toll-free phone number is: (877) 992-7971, for users outside the country, 302-992-7971. If it is easier for you, you can also send us an email message by clicking any of the email links at the bottom of every page in our site.
Ernie Zerenner, President
Power Financial Group, Inc.
494 First State Blvd
Wilmington, DE 19804
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