By Larry Jacobs - Editor of Traders World Magazine.

She does it with apparently just a very simple trading strategy. She has been on TastyTrade.

SJ OptionsKaren The Supertrader | SJ Options

See the three videos below: Tom Sosnoff interviewed her in all three of the videos. An interview with Tom by myself will be in the new issue of Trader World Magazine. Her method is to collect income directly from writing mostly naked options. From what I understand is that she writes naked puts near the bottom of swings and sells naked calls near the tops of swings.

She used Bollinger Bands and Fib numbers for timing.

She runs two funds. One is for her clients and the other is for charity.

Part of the profits of the first fund goes into the charity fund. These options are put on at the sweet spot that's when they will have a rapid decline in premium. Livestock auction in alberta time decay of karen options trader is basically know as theta. See the chart below. The Bollinger Bands are set at 2-diviations on a day moving average.

Here is a chart of the SPY and this might be where she places her option trades.

Karen The Supertrader

Selling naked puts at the bottoms and sell naked calls at the tops of the Bollinger bands. This is my estimation of what she does, but can't be confirmed.

She says in her videos that she places the trades on at 56 days to the expiration of the options. This is known as the sweet spot.

She uses a technique to mitigate risk and to avoid her Lick Net Liquidating Value. Lick is applied to upfront option premium-paid cleared by the exchange. She may be a mathematical genius. She seems to really know her business and her apparent profits seem to prove that she knows her stuff.

Smoothprofit: A summary of Karen, the super trader's option selling strategy in

She seems to be very confident. Her technique might be considered by many to be very risky. It also seems to me that she might use a lot of sixth sense.

Karen is very matter of fact about her business. She sees the returns as numbers but does not take trading personally. She has a strong trader mindset and seems confident in her style. I have not heard anything back yet.

I am like everyone else, I enjoy hearing success stories that this one.

How Karen the Super Trader Makes Money ($10, to $41M in 3 yrs)

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