In The War Room, the big banks are paying us!
Since the lows in March, I’ve been pounding the table telling War Room members to buy the big banks.
And now, members who listened are cashing in.
Here’s a sampling of what I have written – please pay attention to the date:
And more pointedly:
Here are the prices on May 13 and 14 compared with the highs of today:
War Room members have been cleaning up on the banking sector with gains in the triple digits on “Overnight Trades.”
Just take a look at what two were reporting…
“Thank you Karim WFC (Wells Fargo) in at 1.95 yesterday and out at 3.50 this morning.” – Mahdi, June 5 at 10:30 a.m.
“TY Karim for the Banks USB 40 Call Nest of 2, in @ 1.13 out @ 4.24, profit $617.40, 271.62% (one day trade).” – Raymond H., June 5 at 10:18 a.m.
Action plan: If the U.S. is in the midst of a recovery, the banks will keep going higher. That’s just logic, folks! Their balance sheets are in great shape, and most will continue to pay their hefty dividends.
About Karim Rahemtulla
Karim began his trading career early… very early. While attending boarding school in England, he recognized the value of the homemade snacks his mom sent him every semester and sold them for a profit to his fellow classmates, who were trying to avoid the horrendous British food they were served.
He then graduated to stocks and options, becoming one of the youngest chief financial officers of a brokerage and trading firm that cleared through Bear Stearns in the late 1980s. There, he learned trading skills from veterans of the business. They had already made their mistakes, and he recognized the value of the strategies they were using late in their careers.
As co-founder and chief options strategist for the groundbreaking publication Wall Street Daily, Karim turned to long-term equity anticipation securities (LEAPS) and put-selling strategies to help members capture gains. After that, he honed his strategies for readers of Automatic Trading Millionaire, where he didn’t record a single realized loss on 37 recommendations over an 18-month period.
While even he admits that record is not the norm, it showcases the effectiveness of a sound trading strategy.
His focus is on “smart” trading. Using volatility and proprietary probability modeling as his guideposts, he makes investments where risk and reward are defined ahead of time.
Today, Karim is all about lowering risk while enhancing returns using strategies such as LEAPS trading, spread trading, put selling and, of course, small cap investing. His background as the head of The Supper Club gives him unique insight into low-market-cap companies, and he brings that experience into the daily chats of The War Room.
Karim has more than 30 years of experience in options trading and international markets, and he is the author of the bestselling book Where in the World Should I Invest?
