Location: All meetings, unless otherwise noted, are held at the Elks Lodge, 375 N Pastoria, Sunnyvale, CA (http://tinyurl.com/ElksLodgeSunnyvale)
A Teenager's Perspective on Trading Options -- Anish & Akul Shourie -- Motivated Teenagers
Hear how two teenage brothers and SVOG associates have learned to generate consistent returns from their trading. They developed their interest in trading through daily Investopedia reading and watching the Nightly Business Report with their father. They have been trading options for the past three years.
Evolution of a Butterfly Trader -- John Chernicky -- Private Trader
John discuss his evolution as a butterfly trader and present how he is currently trading them. John has been trading different butterfly structures for a few years now. In the spring of 2016 he started trading exclusively his version of a BWB trade that is called the "Road Trip Trade". That has worked out well for him (good returns and high win rate). However, since that initial start, he has evolved the way he trades BWBs. In recent months, in an attempt to simplify his trading, he has moved to a more systematic way of trading BWBs using concepts of a recently introduced BWB trading system called Netzero.
About Our Speakers
Anish and Akul Shourie
Anish graduated from Mission San Jose High School and will be attending the University of Chicago in the fall to study economics and computer science. Anish's favorite strategies are calendars, diagonals, covered calls, and iron condors.
Akul is in the 10th grade at Mission San Jose High School. Akul's favorite options strategies include iron condors, iron butterflies, strangles, plus a few others.
John has been trading options since 2001 and has been doing so full time since 2004. He has been actively involved in the local options groups since those early days and currently runs the San Francisco Bay Area Options Group (SFBAOG) which meets monthly at Ft. Mason overlooking the Bay in San Francisco.