David Jaffee believes that the best way for investors to trade profitably is to sell option premium.
By selling option premium, investors (and traders) are able to win close to 100% of their trades.
Jaffee, a former Wall Street investment banker with a reported net worth of $60 million dollars, believes that selling option premium provides traders with higher returns while reducing risk.
I was initially interested in David Jaffee after watching his YouTube channel: https://youtube.com/beststockstrategy
As a trader, I wanted to learn the best stock market strategy so that I could become a consistently profitable trader.
I signed up for David Jaffee’s options trading course at BestStockStrategy.com
David Jaffee’s Option Trading Strategy
David Jaffee believes that traders should be patient.
By waiting for the best trade setup, followers of BestStockStrategy.com can maximize their gains while minimizing their risk.
BestStockStrategy.com Options Trading Course Review
Students can enroll in David Jaffee’s options trading course at BestStockStrategy.com/memberships
David Jaffee’s options trading course is sent via email.
Students receive one lessons per day for 12 days.
Mr. Jaffee informs his students to maintain realistic expectations.
Students shouldn’t expect to turn $500 into $5 million. In fact, he is oftentimes critical of fake gurus and he believes that retail day traders lose money.
Students are taught that selling option premium is the best way to be a profitable trader because the expected outcome for each trade is positive.
In 2019, David Jaffee was up ~115% with 0 losing trades all year. He provided a video explaining his 2019 trading summary: 115% Gain in 2019 with Zero Losing Trades[youtube https://www.youtube.com/watch?v=183yCNWmfxY]
The options trading course from BestStockStrategy.com includes emails, videos, screen recordings, audio calls, a presentation and documents.
I felt that the course was very comprehensive, with each lesson becoming more advanced.
David Jaffee introduces his watch list and provides insight into why he chose those specific underlyings.
During a bull market, Best Stock Strategy encourages his students to sell put options.
David Jaffee doesn’t recommend selling calls options, like Tastytrade, because the call options will get challenged during a bull market.
Instead, BestStockStrategy encourages traders to be patient and wait for market leading, and liquid, underlyings to fall to the low end of their trading range.
The course contains lessons on the biggest mistakes that options traders make, how to roll / manage challenged positions, closing out trades early, how to mitigate losses during periods of high volatility, choosing the best online stock brokerage, position sizing (the optimal number of contracts that should be allocated to each trade), and much more.
The course also discusses how important patience and discipline are. Many traders are tempted by promises of large gains and they frequently become overconfident.
David Jaffee explicitly warns his students against this and provides specific examples of how dangerous this behavior can be.
I believe that David Jaffee and BestStockStrategy is one of the only legitimate stock market educators.
I also joined David Jaffee’s live options trading alerts.
In the alerts, BestStockStrategy discusses why he sells put and call options in a specific stock.
He provides students with a screenshot that shows the limit price, expiration, strike price, type of options, and everything else necessary for options traders to follow his trades.
I believe that David Jaffee is the best options trading educator available.
This Best Stock Strategy review is very detailed and I highly recommend David Jaffee and BestStockStrategy and I also encourage all students who are serious about becoming consistently profitable traders to enroll in his options trading course or to enroll in his live options trading alerts at BestStockStrategy.com/memberships