Tuesday, July 20, 2010

Re: [TheOptionClub.com] optionsanimal

 

Hi Ciby.
Thanks for the valuable info. I will take your advice.
Joseph

--- On Tue, 7/20/10, ciby joseph <cibyjosephp@yahoo.com> wrote:

From: ciby joseph <cibyjosephp@yahoo.com>
Subject: Re: [TheOptionClub.com] optionsanimal
To: OptionClub@yahoogroups.com
Date: Tuesday, July 20, 2010, 1:03 PM

 

Hi Joseph,
Someone else had asked about options animal in June as well. And I shared my opinion alongwith Jim. Both emails are reproduced for your view.
 
 
" 
I share the same frustration of Jim about optionsanimal (see his mail below) based on my personal experience.
 
I enrolled with them two years ago when they were known as 'spreadtrader' or something like that. After lot of promises by someone called Ben, I shelled out good amount of money to enroll to learn Options Adjustments
 
However, they were after my money only and once they got money, there was any follow up and a few of my mails were unanswered. They promised to teach me Options Adjustments and nothing of that sort was done. They have some slides to tell theory but nothing in real life that worked. (You can get all that in a good options text book)
 
Later, due to some internal issues they renamed as 'optionsanimal' and continues their mission to make money for themselves
 
I don't think they have any 'market making' experience or anything that will qualify them as experts. They are not experts in options!
 
On the other hand, it seems that dansheridanmentorin g.com seems to be great as some of the free internet articles and webcasts shows he (22 years experience in the trading pit makes a difference) really knows how to adjust options. I plan to erol for his advanced Calender programme, which costs just $1000 (vs $6000 I paid for options animal)
 
Learn from others mistakes - happy if someone learnt from my mistake
 
Regards
 
Ciby


--- On Fri, 6/11/10, Jim Ranum <amt2100@gmail. com> wrote:

From: Jim Ranum <amt2100@gmail. com>
Subject: RE: [TheOptionClub. com] Re: GS TRADE [was:How do you manage your Vega?]
To: OptionClub@yahoogro ups.com
Date: Friday, June 11, 2010, 11:34 PM

 

Yeah, they soaked me for $6K. It is to this day, THE single biggest regret of my investing career. Losing $7K on a single Iron Condor didn't piss me off as bad as that $6K.

You can learn everything they teach for free and learn a LOT more just watching Sheridan's videos, again, for free.

Every time I even think of them, I get pissed. (that means really angry if you're not from the U.S.)

If their course had been about $500-$1000, it would be OK. TONS of crucial info they don't ever talk about.

That's my personal feelings and experience.

 



From: joseph tyszkiewicz <josepht51@yahoo. com>
To: optionclub@yahoogro ups.com
Sent: Tue, July 20, 2010 2:04:50 AM
Subject: [TheOptionClub. com] optionsanimal

 

Does anyone in this group have experience with the OptiosAnimal courses. They claim to teach adjustments. Thanks in advance.

Joseph


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