Some call it blind luck, others called it a happy accident, but either way one trader made a fortune in less than 5 minutes thanks to a little-known investing strategy…
Recently, one investor got very lucky using a little-known type of investing secret.
Here’s the full story:
In June of 2015, an animal health company called Zoetis was trading for $49.71 a share. But in a single day, the price of stock soared to $55.38 on the news that Zoetis might end up taking over another drugmaker called Valeant Pharmaceuticals.
While ordinary investors might have been happy with that kind of bump, one lucky trader made an absolute fortune in just a few minutes.
That’s because on the Afternoon of June 24th, one lucky trader bought $10,000 worth of Zoetis options. He snapped up 300 weekly call option for just 34 cents. And later the next day the price of the option jumped 1,300% to $4.80.
That means this lucky trader turned $10,000 into over $130,000 in just a few minutes placing the order during one incredible day.
This is an extreme case of a person getting lucky by using what’s called a calls option: the right for the purchaser to buy the stock at a certain price.
Since he was able to buy a Zoetis share at the low price of 34 cents, and later on it rose to $4.80, he was to sell his shares at a massive profit.
This is obviously a unique example but it demonstrates just how profitable trading options can be. Most mainstream investors avoid options because they (wrongly) think trading options has to be risky or confusing.
To help introduce more investors to how safe and simple trading options can be, veteran trader Bill Poulos is giving away his best-selling book for free.
Simple Options Trading For Beginners reveals how ordinary investors can start trading options to go after bigger gains with less risk. The 67-page ebook is written in simple, plain English and reveals everything you need to know to start trading options in your spare time.
Best of all, the e-book is 100% free. Just click the link below to request your free copy of this best-selling book, delivered by email.
There is no catch. The e-book is 100% free for you today.
Click here to get your copy of Simple Options Trading For Beginners for FREE
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