What are currency options? And why knowing about them could make you filthy rich!
An option is a contract that gives you the right to buy (or sell) something at a predetermined price for a fixed length of time.
In the case of currency options, they let you control large amounts of say the Euro, or Canadian dollar, for a tiny fraction of their value. Often times, the options I recommend give you 100-, 200-, even as much as 800-to-1 leverage. With leverage like that, you can rake in thousands of profits on moves of literally just pennies.
And the leverage only works for you -- NEVER against you. Indeed, when you buy options, the most you can possibly lose is your initial investment -- NEVER a penny more.
And these are NOT futures contracts! They are options on the movement of the underlying currencies and trade just like options on a regular stock. Any Series 7 broker can handle them for you -- whether it is online or live.
Currency options are different than
stocks, bonds, and real estate
in one key respect
As anyone who got burned in the market meltdown can attest, no matter how well diversified you are, there are times when the whole stock market goes pretty much straight down. Ditto for bonds and real estate.
But that can never happen with currency investments. That’s because it’s mathematically impossible for one currency to go down without another currency going up in equal measure.
So, in any kind of financial climate -- including today’s recession-wracked markets -- it’s ALWAYS possible to find currencies going up.
Nearly half a million dollars in profits already banked!
Had you subscribed when we first started publishing Currency Options Hotline back in February 2002, and followed each of my recommendations (trades held on average less than 4 months), you would have already bagged up to a whopping $443,692 in total closed-out profits as of 11/05/09! That’s ALL losers included, too.
That’s an average profit PER YEAR of more than $56,000! Again, all losers included.
Could you use some extra money like that? Click here to learn more about how you can start turning moves of literally just pennies in the currency markets into tens of thousands of profits with currency options.