Selling Commodity Options: The Time Farming Income Machine
L**R
I'm finally able to sleep at night knowing without a doubt that I'm using the best possible method to be successful in the market
Honestly, since reading this book, my life has changed significantly. After almost 30 years of a roller-coaster ride trying many different trading strategies, I'm finally able to sleep at night knowing without a doubt that I'm using the best possible method to be successful in the market. Don's book offers a rare opportunity for you to learn about the little known technique of commodities option selling. Yes, it sounds like a risky adventure, especially to the small investor, but as the author so skillfully teaches, it actually is one of the safest and most reliable methods available. With the knowledge I have gained from this book, I am now confidently achieving consistent returns, and most importantly doing it by entering trades that have at least a 90% probability of being successful. This translates to peace of mind, eliminating the worries that come with today's highly unpredictable stock market. There is a generous offer included with the book for some bonus material from Don and also a free 60 day trial to his Time Farming Training Bulletin which includes specific real-time trades and an abundance of practical, easy to comprehend information on all aspects of selling options on commodities.Thanks Don!!!Lori S.
P**O
I have two of Singletary’s other books and I like the plain language explanations and he uses a lot ...
I've traded options for years but I'd never heard about using them in such a clever way. Since I started this, I’ve done really well, not even one loss yet. It’s a way to use the strong seasonal trends in commodities, and the high leverage of commodity options to take advantage of the price trends. The no stress type of trading is something I’d been searching for a long time. I only wish I had heard of this sooner. I have two of Singletary’s other books and I like the plain language explanations and he uses a lot of illustrations and drawings. I can enter the trades on my ThinkOrSwim. I own a lot of stocks, so I like that this trading is independent of the stock market and gives me a second reliable way for income. This little book has a lot of bang for the buck. I recommend it.
H**I
This book is a game changer
This stellar book caused me to forget about options on stocks. Don Singletary is the best author concerning trading. This book opened up a new vista concerning trading.
G**N
Intro to selling commodity options
Good beginners lesson on selling commodity options. short and to the point.
R**C
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Easy read with straight forward explanations. Solid strategy for good gains without heartburn. Whether you use a covered approach or just options,it makes sense.
S**K
Once I understood the concepts I loved it
I bought this book shortly after it came in in 2017. I have another of Don’s books and enjoyed it and his writing style very much. First thing I noticed about this book was that it was short – less than 100 pages. All good books on the markets need that much in just lead-up material, don’t they? Well, I read this book and I didn’t like it. He was talking about new concepts, to me at least, that I thought I knew all about. He was talking about selling options naked. Everyone knows how dangerous that is – unlimited risk and all - yet he’s talking about it like it’s something safe, you know, like trading in the outright futures markets. Some of the concepts didn’t seem to be covered in the detail that I wanted. When I was done with it I thought ‘Oh, well, I’ve spent more money on worse books. Still, there are some *really* novel ideas in there.”Some of the concepts he mentioned in this book – I don’t have to know where the market is going to go and exactly when it’s going there, I just need to know where it’s not likely to go and that there’s premium well out of the money in futures options – were ones I couldn’t let go of. I had varying success in the futures markets. I’ve traded stock options with much success in trending markets. It’s tougher in sideways markets but, according to Don anyway, sideways markets are some of his favorites for his Time Farming method.I ended up doing more research on this whole idea and read a couple more books on it. One of them I would wholeheartedly recommend – Complete Guide to Options Selling by James Cordier and Michael Gross - was exactly what I expected – about 400 pages with the first 90 or so singing the praises of this whole style of trading. Honestly, by the time I finished just the first 90 pages I was sold on the trading style as a lower risk style than my idea of ‘safely’ trading outright futures. After finishing this book I saw the Don’s Time Farming book on my shelf and decided to reread it, now that I had a little more knowledge on the topic and I now understood how selling options wasn’t necessarily the unlimited risk I wrote them off to be the first time around.I read books cover to cover – preface, forewords, table of contents, indexes – all of it. That’s how I do it. The first thing I noticed in there the second time around was a glowing foreword in the book written by none other than Michael Gross, one of the co-authors of the Options Selling I’d just read. Hmmm. Hadn’t noticed that before.I reread this book with a different pair of lens than before. Don hits the ground running on the topic of Time Farming. It seems he’s pretty convinced that you already are open to the concept and want to delve further into the idea he presents. He doesn’t spend a lot of time trying to convince you on the merits of the ideas. I’m not sure what book I read the first time but this second around I read a book that has no wasted words in it. Every paragraph has vital information in it. One of the other books I read (not Gross/Cordier’s) by an industry renowned author had the requisite first part of why the strategies are good, talked mostly about how much money you can make if you use their trade service and finished with some very basic concepts on the whole idea. Honestly, there wasn’t as much useful info in that 300+ page book as there was in Don’s and that one cost 3X as much and took me a lot longer to read.If you’re already sold on the idea of selling options naked and want some ideas on how to do so with high probability and low risk this book is a must read. If you are as I was and are unconvinced, you might start with Gross/Cordier’s book and then read Don’s book. I have been employing these strategies for ~ 6 months now with great success in an up market, a down market and what appears to be turning into a sideways stock market at least. I’m looking forward to some of the seasonal commodities trades that haven’t come into season yet. I see this as what could well become my new primary style of trading going forward. Don also has a subscription service that he offers that has a remarkably high success ratio. Again, no lottery tickets here but consistently profitable trades. Great for income or just plow the profits back into a trading account and grow the account.If you’re looking for lottery wins, huge fast profits, look elsewhere. This isn’t your book. If you’re looking for excitement, watching the candles turn red and green, try a casino. They have lots of flashing lights. If you’re looking for a way to generate consistent profits with easily managed risk this book may very well be what you’re looking for. It was for me.
A**R
good value
short, succinct. Amazingly, author does not hype the overnight returns you can get, just straightforward facts. He also provides additional info to take you further. An easy, honest presentation. As he says, like "walking to the bank with Mother Nature".
P**.
Great book for experienced or novice.
The author hascompiled in this short 75 page book all that is required to begin trading options in commodities. He gives techniques that with time and effort can likely be highlysuccessful.
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