• Options Course
  • High Level Options
  • Privacy Policy
  • Terms of Use
  • Cookies
  • Financial Disclosure
How to Trade Options » OPTION TRADING SYSTEMS » Planet Wealth

Planet Wealth

Planet Wealth and The Amazing Dimitri Strategy

The Planet Wealth main product is what they like to dub “The Amazing Dimitri Strategy”. It’s all about tips on how to “rent out” shares that you already own, as well as “selling insurance on any market”.

The Planet Wealth “rent out shares” idea is usually called in investor terminology, as Covered Calls. The assumption is that you own at least 1,000 shares if you are transacting with the Australian Stock Market, or just 100 shares if you choose to own US Stocks.

A lot of people who have shares are inclined to rely purely on dividends as their revenue stream from these securities. Andrew Dimitri shows you how you can earn additional income by “selling” call options on your shares. By “selling” we actually mean “generating out of nothing” or occasionally called “writing” call options. You create the option contract and sell it to the market and obtain an immediate income. Easy, but you need to know what traps to steer clear of, which is where the Dimitri Strategy comes in.

But the “main event” on the Planet Wealth menu, is how to “sell insurance” to the stock market over shares that you do not even own. In trader lingo, this strategy is referred to as vertical credit spreads. The “insurance” part has that title because the primary focus of their material is on writing put options, that happen to be actually just another form of insurance on stocks.

The key points they outline however, can be used just as effectively for CALL option credit spreads.

There are many advantages to option credit spreads which other kinds of share market trading don’t give you. One of the most attractive features is the ability to correct your position when the deal goes against you. What might normally have been a “losing trade” if you had simply bought call options and the underlying price went against you, can easily be “rolled out” for more income when you have a vertical credit spread strategy in place.

Here’s how Planet Wealth explain their own material:

You’ve heard of buying a property and RENTING it out? Did you know you can do a similar thing with stocks? We’ll show you how we use latest techniques for “RENTING” OUT OUR STOCKS.

  • How we easily replaced our income in 90 to 180 days – without really having to work for it
  • How we generate extra CASHFLOW per month for less than 5 minutes work (it sounds unbelievable, I know, but we will actually show you how we do it)
  • Why we believe getting HIGH returns does not have to mean taking HIGH risks (and why the average person will never understand this without a financial education on risk management)
  • How we minimize the risk of investing in stocks (so that we sleep easy at night – even if our stocks go down……we don’t have to worry!)
  • The incredibly simple way we make money EVEN when the stock prices go down!

…and even more exciting strategies!

  • By SELLING INSURANCE on the stock market, we make considerable monthly profits on stocks we DON’T EVEN OWN!
  • We NEVER need to own these stocks if we choose not to – we just keep getting income from them.
  • The amazing secret where we don’t even have to pick a stock to trade – we can create income from an entire market at once!
  • How we also insure ourselves so we almost never lose any money – we call it the Sleep-At-Night factor.

If you decide to purchase the Planet Wealth downloadable ebook, they also provide you a free “Spreadulator” Excel spreadsheet, which allows you to calculate and monitor your trades using their methods.

They also provide one full year of daily put option closing prices, in spreadsheet form, so that you can backtest the strategy and see how you could’ve made an income even in adverse conditions.

Trading Pro System

Your Comments are Welcome

You Might Also Like

  • Commodity Options and FuturesCommodity Options and Futures
  • Why an Options Trading Plan is Essential to SuccessWhy an Options Trading Plan is Essential to Success
  • Stock Option Trading StrategyStock Option Trading Strategy
  • Calendar Spread StrategiesCalendar Spread Strategies

Filed Under: OPTION TRADING SYSTEMS Tagged With: about planet wealth, andrew dimitri, andrew dimitri credit spreads, andrew dimitri planet wealth, andrew dimitri strategy, planet wealth products

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Search for Anything Here

Main Pages

  • Home
  • Options Basics
  • Covered Calls Options
  • Advanced Strategies
  • Option Spread Trading
  • Stock Option Trading
  • Index Options
  • Stock Chart Analysis
  • Forex Options Trading
  • Options Trading Software
  • Option Trading Systems
  • Commodity Futures Options
  • Options Broker Reviews
  • Glossary of Options Trading Terms
  • Financial Disclosure

Latest Articles

  • Investing Basics – Diversify Your Portfolio to Make Money
  • Want Trading Success? Avoid These Four Trading Mistakes
  • Technical Analysis of Stock Charts
  • The Calendar Straddle Option Strategy
  • Candlestick Chart Patterns Explained
  • Bottom Fishing Stocks Using Inflated Option Prices
  • Bottom Fishing Stock Strategy – Example
  • Comparing the Bear Call Calendar Spread with the Traditional Bear Call Spread
  • Is Binary Options a Scam if you Have a System?
  • Call Calendar Spread Example
  • Options Trading Education and Training
  • The Call Calendar Spread Explained
  • The Three Legged Box Options Trade
  • Near Riskless Trading Strategies
  • Is Binary Options a Scam? Read This and Decide
  • Gold ETF Investing – 10 Facts You Should Know
  • How to Profit Like a Pro Trader
  • Earnings Report Definition
  • Daily Profits in Just 4 Hours Each Day
  • Jamie McIntyre and the 21st Century Academy


options trading pro system

Save

Home   |   Site Map   |   Privacy Policy   |   Terms of Use   |   Amazon Affiliate   
Copyright © 2002- Option Trading Fortune. ALL RIGHTS RESERVED.

Page copy protected against web site content infringement by Copyscape


DISCLAIMER: All stock options trading and technical analysis information on this website is for educational purposes only. While it is believed to be accurate, it should not be considered solely reliable for use in making actual investment decisions. This is neither a solicitation nor an offer to Buy/Sell futures or options. Futures and options are not suitable for all investors as the special risks inherent to options trading may expose investors to potentially rapid and substantial losses. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don't trade with money you can't afford to lose. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed in this video or on this website. Please read "Characteristics and Risks of Standardized Options" before investing in options. CFTC RULE 4.41 - HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVERCOMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.