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59 OUT OF 64 & NEW SEMINAR DATE

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59 OUT OF 64 & NEW SEMINAR DATE!

What can I say? We're doing well - very well. We just notched profitable month 59 out of 64. There was chaos in the market virtually all cycle long, but our positions were strategically placed and we never got close to being in trouble. The directional traders sweated out each tick. Some of them may have made out well, but may have less hair. The others are about to register for government cheese.

Actually, we're on a seven-month winning streak. That shouldn't come as a surprise to regular Couch Potato readers. That's what is supposed to happen.

We pocketed a total of $3,550 for the cycle. (See synopsis of March trade details below). The Couch Potato Traders is promoted as a "hands off" style of trading. Well, this month was the perfect example. Despite a ridiculously volatile month, the indexes never even came close to our short strike prices. It's sure nice when things work out as planned.

Quickie Update
When you're hot, you're hot. All of our quickie trades were profitable. Our two Iron Condors expired worthless and put a total of $6,200 in our pockets.

The March quickie SPX 1365/1375 and 1255/1245 Iron Condor brought in $3,300. The March quickie RUT 710/720 and 640/630 Iron Condor brought in $2,900. Piece of cake. A risky piece of cake, but a piece of cake none the less.

Also, as reported earlier, our third quickie - the 1315 short straddle, was $1,900 profitable. We closed the position after just a few days and locked in the profit. Those who may have held the trade through settlement profited by about $4,600.

Are You A Newbie or a Veteran?
Are you new to the Couch Potato Trader? Or, are you a Couch Potato subscriber who wants to find out, in depth, how we are able to achieve these results on such a consistent basis? Consider attending one of my two-day advanced seminars. It's an experience you won't soon forget and you'll get information that can last you a lifetime. It's like going to trading school. Are you serious about trading? Are you worth the small investment? Only you can answer those questions.

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NEW SEMINAR DATE - LAS VEGAS - June 21 & 22
I just finalized the details!! I will be presenting a two-day advanced CPTI seminar in Las Vegas on June 21st & 22nd (Saturday & Sunday). Come on down!

Join me as we discuss non-directional strategies, trade selection, entry points, exit alternatives, premium negotiation, maintenance alternatives, taxes, and much more - all subjects necessary to enlighten and to maximize your trading business. Don't procrastinate! The seminars often sell out.

I've also negotiated an unbelievably low room rate for the weekend. Vegas is great for a getaway as well as for attending a seminar. Check out your calendar and contact me as soon as possible. Send your phone number to me at - Contact Support. I will personally call you to go over the details and to answer any questions you may have.

Also attending (and speaking) at the Las Vegas seminar will be Mike Cavanaugh, my personal broker and option strategist extraordinaire. Actually, he knows this stuff better than I do. I guaranteed you'll be impressed.

Early Bird Special - SAVE $100
If you reserve your spot for the upcoming Las Vegas seminar by April 11th, you will only pay $895 - $100 off the normal low seminar price of only $995.

Reserving early will accomplish a few different things. The earlier you reserve, the lower your airfare will be. Plus, you will be assured of a spot. The last two Las Vegas seminars have sold out well before the seminar dates.

Las Vegas Retakes
As you know, if you have previously taken one of my seminars (at any location), you are entitled to retake the seminar a second time at NO CHARGE! There are five retake spots available for the Vegas seminar. They are reserved on a first come first served basis. As you can imagine, they go quickly. Don't procrastinate.

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TRACKING CPTI PORTFOLIO RESULTS
Welcome to our tracking of CPTI portfolio's year number 6! We've just completed the FOURTH month (March) of CPTI tracking year number six. Our only position for March was 100% profitable. Our profit for the fourth month of our sixth year was $3.550. In our sixth tracking year, we accumulated a profit of $10,360 ($6,810 $3,550).

RECAP OF MARCH POSITION
(See Position Details in March Summary Below)
SPX Bull Put Spread - PROFIT $1,200
SPX Iron Condor - PROFIT $1,150
RUT Bull Put Spread - PROFIT $1,200 TOTAL MARCH PROFIT: $3,550.

March Settlement Numbers
S&P 500: $SET - 1302.64
Russell: $RLS - 677.84
S&P 100: OEX - 620.38
MID: $MIV - 755.23

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SUMMARY OF CPTI MARCH POSITIONS
CPTI March Position #1 - RUT Bull Put Spread - 681.42

On 1/22, with the RUT at about 670, we sold 20 RUT March 540 puts and bought 20 RUT March 530 puts for a credit of $.60 ($1,200). Maintenance is $20,000. Profit: $1,200.

CPTI March Position #2 - SPX Iron Condor - 1329.51

On 1/28, with the SPX at about 1330, we sold 10 SPX March 1150 puts and bought 10 SPX March 1140 puts for a credit of $.50 ($600). Then, we sold 10 SPX March 1490 calls and bought 10 March 1500 calls for a credit of $.55 ($550). Total net credit is $1.15 ($1,150). Maximum profit range is 1150 to 1490 (340 points). Profit: $1,150.

CPTI March Position #3 - SPX Bull Put Spread - 1329.51

On 2/6, with the SPX at about 1342, we sold 20 SPX March 1140 puts and bought 20 SPX March 1130 puts for a credit of $.60 ($1.200). Maintenance is $20,000. Profit: $1,200.


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CPTI APRIL POSITIONS
CPTI April Position #1 - RUT Bull Put Spread - 681.42

On 3/5, with the RUT at about 674.50, we sold 20 RUT April 560 puts and bought 20 RUT April 550 puts for a credit of $.55 ($1,100). Maintenance is $20,000. We will look to put on a bear call spread in the future - IF it makes sense.

CPTI April Position #2 - SPX Bull Put Spread - 1329.51

On 3/10, with the SPX at about 1288, we sold 20 SPX April 1110 puts and bought 20 SPX April 1100 puts for a credit of $.55 ($1,100). Maintenance is $20,000. We will look to put on a bear call spread in the future ? IF it makes sense.

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ONGOING STRATEGY - THE ZERO-PLUS Strategy
In the past, I outlined a strategy based on an initial investment of $100,000. At that time, $74,000 was spent on zero coupon bonds maturing in about seven years at a value of $100,000. The principal $100,000 investment is guaranteed. We're trading the remaining $26,000 to generate a "risk free" return on the original investment. We are not compounding our profits by dramatically increasing the number of contracts we trade. With the July profits, our new cash total is $58,660 ($56,560 $2,100).

ZERO PLUS POSITION - SPX - 1329.51

On 2/6, with the SPX at 1342, we sold 30 SPX March 1140 puts and bought 30 SPX March 1130 puts for a credit of $.60 ($1,800). Maintenance is $30,000. We'll look for a bear call spread to complete the Iron Condor - IF it makes sense.

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SEMINAR DATE -

LAS VEGAS - June 21st & 22nd

Take your trading from a "hobby" to a profitable "business." You need the information you'll learn at my CPTI seminar. You'll learn more than the "how to's" of trading our strategies. You'll learn a new lifestyle - one that can last a lifetime.

DO YOU HAVE PROFIT-ABILITY?
It's always a challenge (and a pleasure) for me to have a roomful of bright people who have a passion for, and are excited about, learning. We go over everything imaginable - from the non-directional strategies to the psychology of trading. We cover a lot more than the mechanics. Inquiring minds want to know the whens and the whys -- not just the hows. That way, they're prepared for the best (and the worst) - and know the best way to handle either situation. Contact me and I'll personally call you with all the details.

If you're a SERIOUS options trader, you want to learn the nuances of our advanced non-directional trading strategies and hone your trading skills. Contact me ASAP at mparnos@optioninvestor.com. Send me your phone number. I will personally call you with all the pertinent information. The price is a bargain - ONLY $995.00 -- less than the profit from one Iron Condor trade. Take advantage of the "early bird special" and save $100. You'll have a two-day experience that you'll remember, and profit from, for a lifetime. I limit my CPTI seminars to ONLY 25 ATTENDEES. And, as a bonus, if you attend one of my CPTI seminars, you are entitled to RETAKE the seminar a SECOND TIME at NO CHARGE!

59 OUT OF 64 PROFITABLE MONTHS!!
WANT TO ACHIEVE SUCCESS WITHOUT STRESS?
OF COURSE YOU DO!!
USE OUR CPTI WEALTH-BUILDING TECHNIQUES!

You should definitely attend one of my seminars. With what you learn, you'll see a substantial increase in your trading results. Contact me at: mparnos@optioninvestor.com. If you've already signed up, I'll see you there. If you haven't signed up, what are you waiting for?

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Couch Potato Trader Disclaimer
All results reported in this section are hypothetical. While the numbers represented here may have been achieved or beaten by our readers, we make no representation that any individual investor achieved these exact results. The tracking for the plays listed in this section uses closing prices for the day the newsletter is published and it is not meant to imply that any reader actually received those prices (though many often do) or participated in these recommendations (even though many do). The portfolio represented here is hypothetical and for investment education purposes only. It is only an illustration of what type of gains a knowledgeable trader might receive utilizing these strategies. If you don't get close to these results, guess what. It isn't the fault of the strategies.

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