ArtsAutosBooksBusinessEducationEntertainmentFamilyFashionFoodGamesGenderHealthHolidaysHomeHubPagesPersonal FinancePetsPoliticsReligionSportsTechnologyTravel

A technique to make money online using stock options (U.S. markets only)

Updated on March 15, 2012

Making money online with stock options: Part 1

Who is the target reader

In this hub I am going to share my technique of finding the hottest stock of the day withing 1-2 hours of market opening and then finishing the day with at least 20% profit on the stock I found.

So we are all here to make money. This hub is targeted to those who want to become rich using stock options. Of course others can if they learn the basics and are open to playing with numbers.

I have been trading options for last 1.5 years. Have lost money and gained money. I learnt a lot of methods by which I made some extra money in less than 4 hours.

I am sure there are a lot big financial GURUs there who can sell their secret to you for some hundred or even thousand dollars. I am not a big guy and learn by action, so I am giving this first tried and tested method for free here. I am sure if you follow step by step and tryst your instincts, you would end up with profits.

Do I guarantee?

Of Course I do not. No one can predict stock market better than you can. So do not look for a guarantee. Trust yourself. Your trust is the only Guarantee. Stock options are risky and not for amateur investors. So I can guarantee that you’d lose money initially and then make once you overcome learning and practice hurdles.

What should you know?

This article assumes that you have online brokrage account with sharebuilder, etrade or some popular website. You have basic knowledge of options.

If you do not understand what is an option this article is not for you. Sorry! Please read some basic material before you use the steps here as inexperienced option-gamers may lose money very easily.

Put it in Action:

To execute the steps described below, I am using "Google Finance" pages mostly,

Here are the steps:

1) From open of the stock market which is usually 9:30 in U.S. , wait for 1 hour.

2) Between 10:30 and 11:00, look for the sectors in Google finance display, that are doing better than other sectors and click on the one you think is better

3) Now look for the popular stocks in that sector by volume, by % price change.

4) Scan the news for these stocks and look for the one whose earnings report has been published that morning or previous day’s evening. Are the earnings showing a positive trend? If yes then go to step 5 else repeat 4 for others. If you do not find one, then it is not your day.

5) If you find one, click on the stock and see its trend for past 30 days. Take note of the peak values in those 30 days

6) Now check if the current price of the stock is lower than the opening price. Is this price further falling or is it having up down up down in last 1.5 hours of opening day.

7) If it is lower, and price is up down / up down, you got the one that would make you money. Now scan the open volume by scrolling down on the Google finance page for this stock and clicking on right side “Options – Morning Star”

8) Check the open interest activity for the nearest strike price of a call option.

9) If you see reasonable to good volume of open interest, then this is the time to get in the Game.

10) Buy the 10 “call” options of the nearest strike price, expiring in at least 3 months from the day of your trade.

11) Put this option on limit sell for 20% profits once your buy is executed (of course calculate the commission payouts).

12) There is a above 70% chance that you would make money by this method.

Well that is one of the many techniques I have been using for past few months and growing my base port at rate of 20%.

Good Luck

"Making money and living happy is sign of fortunate prosperous investor" - hc just wrote it.


    0 of 8192 characters used
    Post Comment
    • Helen Cater profile image

      Helen Cater 

      11 years ago from UK

      Thanks I will bear that in mind.

    • HubChief profile imageAUTHOR

      hubchief - pen name 

      11 years ago from United States

      I am not an expert in subject. My knowledge is purely from wiki and Google searches and reading on and on from sites. Wikipedia is good start if you feel conofrtable with math language. I did download a PDF at some point from Google to understand however didnot read it often.

    • Helen Cater profile image

      Helen Cater 

      11 years ago from UK

      I have just read your topic and i think i may be one of the few who does not know what option means.The concept is great i get that.It would be something i would love to do but i need to investigate this further.Do you know if there are any courses on this subject,i feel i would benefit more from a one on one tuition.


    This website uses cookies

    As a user in the EEA, your approval is needed on a few things. To provide a better website experience, uses cookies (and other similar technologies) and may collect, process, and share personal data. Please choose which areas of our service you consent to our doing so.

    For more information on managing or withdrawing consents and how we handle data, visit our Privacy Policy at:

    Show Details
    HubPages Device IDThis is used to identify particular browsers or devices when the access the service, and is used for security reasons.
    LoginThis is necessary to sign in to the HubPages Service.
    Google RecaptchaThis is used to prevent bots and spam. (Privacy Policy)
    AkismetThis is used to detect comment spam. (Privacy Policy)
    HubPages Google AnalyticsThis is used to provide data on traffic to our website, all personally identifyable data is anonymized. (Privacy Policy)
    HubPages Traffic PixelThis is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.
    Amazon Web ServicesThis is a cloud services platform that we used to host our service. (Privacy Policy)
    CloudflareThis is a cloud CDN service that we use to efficiently deliver files required for our service to operate such as javascript, cascading style sheets, images, and videos. (Privacy Policy)
    Google Hosted LibrariesJavascript software libraries such as jQuery are loaded at endpoints on the or domains, for performance and efficiency reasons. (Privacy Policy)
    Google Custom SearchThis is feature allows you to search the site. (Privacy Policy)
    Google MapsSome articles have Google Maps embedded in them. (Privacy Policy)
    Google ChartsThis is used to display charts and graphs on articles and the author center. (Privacy Policy)
    Google AdSense Host APIThis service allows you to sign up for or associate a Google AdSense account with HubPages, so that you can earn money from ads on your articles. No data is shared unless you engage with this feature. (Privacy Policy)
    Google YouTubeSome articles have YouTube videos embedded in them. (Privacy Policy)
    VimeoSome articles have Vimeo videos embedded in them. (Privacy Policy)
    PaypalThis is used for a registered author who enrolls in the HubPages Earnings program and requests to be paid via PayPal. No data is shared with Paypal unless you engage with this feature. (Privacy Policy)
    Facebook LoginYou can use this to streamline signing up for, or signing in to your Hubpages account. No data is shared with Facebook unless you engage with this feature. (Privacy Policy)
    MavenThis supports the Maven widget and search functionality. (Privacy Policy)
    Google AdSenseThis is an ad network. (Privacy Policy)
    Google DoubleClickGoogle provides ad serving technology and runs an ad network. (Privacy Policy)
    Index ExchangeThis is an ad network. (Privacy Policy)
    SovrnThis is an ad network. (Privacy Policy)
    Facebook AdsThis is an ad network. (Privacy Policy)
    Amazon Unified Ad MarketplaceThis is an ad network. (Privacy Policy)
    AppNexusThis is an ad network. (Privacy Policy)
    OpenxThis is an ad network. (Privacy Policy)
    Rubicon ProjectThis is an ad network. (Privacy Policy)
    TripleLiftThis is an ad network. (Privacy Policy)
    Say MediaWe partner with Say Media to deliver ad campaigns on our sites. (Privacy Policy)
    Remarketing PixelsWe may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.
    Conversion Tracking PixelsWe may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.
    Author Google AnalyticsThis is used to provide traffic data and reports to the authors of articles on the HubPages Service. (Privacy Policy)
    ComscoreComScore is a media measurement and analytics company providing marketing data and analytics to enterprises, media and advertising agencies, and publishers. Non-consent will result in ComScore only processing obfuscated personal data. (Privacy Policy)
    Amazon Tracking PixelSome articles display amazon products as part of the Amazon Affiliate program, this pixel provides traffic statistics for those products (Privacy Policy)
    ClickscoThis is a data management platform studying reader behavior (Privacy Policy)