LEAPtoProfit

For starters, take a look at this somewhat elderly article on Seeking Alpha.

Then, to get a primer on the role that option sales can play in enhancing a portfolio’s ability to generate income flow, my bias leads me to recommend the purchase of Option to Profit.

If you’re too cheap to purchase it, that’s alright. Let me know and when your second month of subscription automatically renews, I will email you a link for a pdf copy.

Basically, the idea behind LEAPtoProfit is an offshoot from Option to Profit, but with less frequent trading and more reliance on core holdings to generate predictable income streams through dividends and option premiums.

For the more daring, there will also be some dalliance with “Leapfrogging.”

More on that later, but for those who hold large positions in a given stock, and weekly options are offered, an absolutely wonderful way to generate income can be executed when you may have several thousand shares.

Ultimately, the LEAPtoProfit philosophy is to let your portfolio work for you while you work less on your portfolio.

It’s not for everyone, but it has been for me.

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First it was Szelhamos.com

That blog lasted for precisely 1 year and was dedicated to my father, who was a real “Szelhamos” in every good way.

In it’s literal sense, a “szelhamos” is a windbag.

That blog was a good way to deal with the loss of a wonderful man. At the same time, however, it helped me to discover the amazing pull of the internet and just how many people casually discovered the site and became regular readers.

More than 10 years later, I still wonder about that daily reader from Viet Nam.

After a hiatus for a few years which culminated in my retirement well before I had anticipated, came TheAcsMan.com, which also ran for precisely 1 year and opened the door to a 5 year run of OptionToProfit.com and to an equal run as an author on Seeking Alpha.

At the time, I was only looking for something to keep me busy while I was spending my retirement days trading my accounts.

It was one of my sons who encouraged to get more actively involved and export my ideas after I had told him how many people had contacted me with questions and comments and asked when I was “coming back.”

I never really thought that I could find a new “professional” life, especially in retirement and would go on to meeting lots of interesting people, both in the real sense and on-line, through my Twitter personna, @TheAcsMan .

For quite a bit of that Seeking Alpha run, I was the #1 read author on “Dividends and Income” and had a very engaged readership that lasted right up to the sale of the “Option to Profit” business line, including the book that got it all started.

I no longer get the royalties when copies are sold, but I still get satisfaction of seeing that after 6 years there are still sales and hope to see them one day soon hit the 10,000 level.

Upon the sale of OptionToProfit, my one year “non-solicitation” period is over and with it comes a new, but familiar venture:

LEAPtoProfit.

For those who remember any of those, but particularly for those who were paid subscribers of either the “Option to Profit” (OTP) trading alert service or the website, “LEAP to Profit” will be a little bit different.

I always knew that this would be coming and first wrote about it 5 years ago.

Less trading and more predictable income streams for those like me, heading into that stage of life when most are told to think about fixed income securities, but aren’t quite ready to just give up.

In a few months, I expect my new book, LEAP to Profit to be available, as will subscriptions to the new stock trading alert service.

See you then, I hope.

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