Paper Case Study Overview
What Are Paper Case Studies?
Since the beginning of SJ Options we've been teaching by example. We call these classes our Paper Case Studies. What we do is analyze the market and choose a strategy to implement. We then construct a trade, begin it and then follow it until the end. Along the way each student sees how to make the proper adjustments to the trade. We also encourage each person to paper trade the case studies as well to learn how it's done first hand.
The Paper Case Study Schedule
We always have Paper Case Studies going, and we try to look at one of them each day in class. Normally we have from 2 to 4 Paper Case Study classes per week. We do not guarantee any number of classes though. On occasion we do get sick and need to travel, etc.
In our 5 Years of following Paper Case Studies we have finished every year with a positive return. Some years have seen returns of up to 50% on the entire portfolio. We have a very high percentage of winners since the probability of our trades is so high.
Learn To Walk Before You Run
In our mentoring program we'll do some Paper Case Studies on traditional spreads such as Iron Condors, Calendars, Diagonals, Covered Calls and more. It's essential to study the behavior of these spreads to learn how to trade options.
After studying the traditional spreads you'll have a better understanding of why we trade the way we do. We make improvements on the traditional spreads in order to reduce the risk and increase the probability of each trade. Then we do case studies on them as well to study their behavior over various market conditions.
SJ Options Strategies
The Revolver is one of our favorite strategies since it can be used in any market whether the IV is high or low. So, we always run Paper Case Studies on this type of trade. It can come in the form of the Unbalanced Condor, Broken Wing Butterfly or numerous other designs.
The BRIC is another popular spread we work with. The design of this trade minimizes volatility risk and provides our clients with ways to create insurance as well as monthly income.
The Big Condor is our take on the traditional spread called the Iron Condor. We have designed a safer way to implement this spread, and we run many case studies using this technique. It has back tested to make up to 50% in some years.
Although not the major focus of our course, we do work with Earnings Plays as well. Our software can help you find potential winners by performing up to 10 years of instant backtesting for you.