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- What is the SPX?
The SPX is a symbol for the S&P (Standard's and Poor) 500. The S&P
500 is a capitalization-weighted index made up of broad industry groups such
as high-tech, financial, healthcare, electric utilities, energy and transportation
.
- What we are?
We are an information service
that focuses on undervalued, low priced options on the S&P 500
Index, known as the SPX. We do not trade the NASDAQ, FOREX, or individual
stock options-just the S&P 500. Our system is a very simple one.
So simple in fact that very few traders would be interested in trying
our service. If you are looking for 100% winners (although we will
have them from time to time), then this is not the site for you. If,
however, you wish to consistently make a potential 20%-40% on your
money on a monthly basis, then you should subscribe
today.
- Did you make a mistake on pricing the monthly subscription rate?
No. This is an incentive
for you to take advantage of our excellent subscription rates, again
keeping in mind the intent of this website- affordability. Subscribe
- I work full time, can I still
use myspx.com?
Absolutely. In fact, this system is ideally suited for the trader who does not desire to sit in front of a screen throughout the trading day. The system will potentially generate approximately 4-5 trading opportunities on a monthly basis. The trade signal will be emailed to all subscribers prior to the opening bell. You will then be able to enter your trade via a limit order.
- Can I trade these signals on
the Internet?
Yes, in fact, this is the
recommended way to execute your trades on the SPX.
- How many contracts do you trade?
We recommend that you trade 5 contracts per signal.
- On some of the Past Trades, there are months you lost money. Why would I want to subscribe?
Maybe this is the first time you have seen real trading results. No one is
perfect, including us. We could have "hand picked" the winners and hid the losers
in our past trades, like other services, but why? We just want to be totally
up front with you.
- What is the minimum account size
I need to get started?
Although we feel that $5000 should be the minimum brokerage account size, you
can begin to trade these potential profit making opportunities with as little
as $2500 depending on the option's premium and number of contracts.
- How do I calculate the cost of
each contract?
Simple. Each S&P 500 contract has a premium attached to it. Our system monitors
and trades contracts with premiums that are between $4-$5, seldom higher. To
calculate the cost, you first, multiply the premium of the option contract by
a multiplier of "100" to arrive at the cost per contract. You then multiply
that dollar amount by the number of contracts purchased to arrive at your investment
amount (excluding commissions).
Example: The Sept SPX 1150 call has a premium of $4.10 and you want to purchase 5 contracts.
$4.10 premium X
100 = $410 per contract
$410 multiplied by 5 contracts
= $2050 (excluding commissions)
- Do you offer a guarantee?
Yes. We will guarantee that if our trading signals sent to you during your subscription term do not produce enough profits (if traded) to cover the cost of your monthly subscription term, we will give you the next term free. This guarantee is based on trading all signals we send you and trading 5 contracts (you are welcome to trade more or less, but this guarantee is based on trading 5 contracts), on the SPX, assuring that your subscription will pay for itself.
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