OptionSellers.com

Q2 Wrap Up with James Cordier


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Good afternoon. This is James Cordier of OptionSellers.com with a market update for July 5th. It’s so interesting; practically none of our clients have ever traded commodities. They don’t have commodity accounts, nor have they had commodity accounts in the past, and yet they all saw fit to read our book, understand short options on commodities, and read some of our materials - enough to get them to open an account and sell options on gold, silver, coffee, and soybeans. It’s certainly an investment that you’re not going to hear discussions about when you’re out to dinner or at a barbeque with friends.
Options on commodities certainly is a new idea to many investors; but when you think about it, commodities like crude oil, gold, silver, and coffee, they’ve been around for a long time and will always be around for a long time. I get in front of this camera every 2 weeks and discuss opportunities in these different markets and selling options, you know, 50% out-of-the-money, how opportune strangles can be and such, understanding fair value of a commodity like soybeans or corn, and how that can interpret and be used as an investment.
Well, this past 6 months, the end of the 1st half just happened, and we’re quite pleased with the results of selling options on commodities for our clients. We do like the prospects and the landscape for short options on commodities over the next 2-3 years. It’s kind of difficult to see the landscape past that, but right now, with a lot of the things going on with the world economy, here in the United States, and a lot of interest in clients and investors getting diversified from the stock market, we think we’ll continue to deliver opportunities in doing exactly what we do.
This summer, of course, we have movements in energies and in grains. We look at taking advantage of some of those over the next 30-60 days. Hopefully, we’re looking forward to a very good second half of 2017 to cap what we already did so far this year, hopefully very good results then, as well. I hope everyone had a wonderful holiday, and I look forward to working for you in the second half of 2017.
If you’re not already a client and wish to become one, you can visit our website or contact Rosemary at our headquarters in Tampa, Florida. As always, it’s a pleasure speaking with you, and looking forward to doing so again in 2 weeks. Thank you.
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OptionSellers.comBy OptionSellers.com