Wang’s Happy Trading

Phil and I are doing a new portfolio together. We are calling it Happy 100! This portfolio starts with $100,000. Happy 100 is to be a longer-term portfolio, in which we don’t trade everyday; and, we don’t necessarily need to watch it everyday, either. The main criteria are:
1) further out options, 2 to 3 months minimum
2) in-the-money or near-the-money strikes
3) keep cash position above 50% of the entire portfolio

We plan to do our best to stick to the trading style more similar to Happy Trades!!, in which the trades are simpler, without doing complex spreads. But, since the terms are longer, we do have, at our disposal, lots of other “tools”.

All trades made in this portfolio will be announced on the member sites (both on Wang’s World and on Phil’s Stock World) as soon as the trades go through. The Happy 100 page will be updated each evening.

Good night and Happy Trading! ™

Get Wang’s World in your email for FREE!