Jon Najarian, Publisher of ChangeWave Options Trader, Releases Online Options Seminar

Jon "Doctor J" Najarian, editor of ChangeWave Options Trader, recently announced the release of his new online seminar, "How to Follow the Smart Money and Trade Options Like a Pro." He demonstrates how his proprietary tracking system, HeatSeeker, uncovers unusual trading activity in the options markets and how he uses this under-the-radar activity to identify winning options trades.

Rockville, MD (PRWEB) September 8, 2006 -- Jon "Doctor J" Najarian, editor of ChangeWave Options Trader, recently announced the release of his new online seminar, "How to Follow the Smart Money and Trade Options Like a Pro."

Finding Trading Ideas in Any Type of Market
Jon has developed unique trading systems and scanners to detect unusual activity in the options markets. His first system, Distant Thunder, came online last year (2005) and was closely followed by HeatSeeker. These two programs ferret out unusual trading activity from the noise of the multibillion shares that trade every business day on the NYSE and Nasdaq.

How to Follow the Smart Money and Trade Options Like a Pro.

HeatSeeker has pulled ahead as the leader of the pack, and the other programs serve to complement it well. It focuses on front-month and near-term call options trades (i.e., in options expiring in the next cycle or the one after that). Distant Thunder looks out another month or two further in the calls. To complement these bullish indicators, And this summer, the addition of Depth Charge -- which uncovers bearish (i.e., put-trading) activity -- ensures that no matter what direction a stock is heading in, Jon can get his subscribers properly positioned to play the upside and the downside of the markets!

At any given second, up to 120,000 live quotes stream from the six U.S. options exchanges. To give you an idea of the frenetic pace of options trading, keep in mind that stocks like Apple Computer, Yahoo! and Google trade 15 to 30 times per second!

When you consider that Apple has more than 140 strike prices for its call and put options -- meaning, upward of 280 quotes change for every movement in the underlying stock -- you get the idea that quote traffic on the option side of Wall Street dwarfs that of the underlying stocks traded on the NYSE and Nasdaq.

Jon's computers freeze those quotes to see whether each trade occurred on the bid price, on the offer price, or somewhere in between. The offer price is key, because it's higher (and it's the price traders typically sell at, not buy!) and that says folks want in before a big pop happens.

'Putting' Bearish Indicators to Work
Below are is an example of how Depth Charge's debut trade as a tool that offers a way to play the options markets on the downside"

On June 7, 2006, the Xilinx (XLNX) June 25 Puts stormed across Jon's trading screens, as shares of the maker of programmable logic solutions dropped 39 cents to $25.65.

Here were his notes from that day:
"Depth Charge shows 8,147 of the XLNX June 25 Puts changing hands versus an open interest of 2,927 contracts.

"The puts are trading up 15 cents to 45 cents ahead of tomorrow's mid-quarter update. The average daily put volume last week in XLNX was 1,910 contracts, which further places today's action in perspective."

The next day, those puts ran up to 70 cents, where subscribers stepped out of half of their positions. The stock ended up taking a turn for the better, though, when JPMorgan released some positive comments that, unfortunately gave the stock a boost. The puts slipped a bit later in the day to between 55 cents and 65 cents, where they closed the rest of the position.

Not bad for a debut trade, and definitely a solid foundation to build upon.

Now You Can Rack Up Fast 100%-500% Gains, Too
Simply "follow the money."

It is undeniably true that "insiders" have a big advantage over everyone else. Everyone knows it.

The market is not a level playing field. The insiders know things long before the public does. And they trade on this knowledge to fatten their own wallets.

But now you can profit right along with them by trading on signals generated by Jon's proprietary option-tracking technology.

It does what no human being can possibly do – track all the options trading in real time (4.5 million options contracts a day) to target those few trades where the odds are decidedly in your favor.

Jon's systems capture and search every one of them for that nugget of intelligence, which indicates that insiders are making one of their patented moves.

Be ready to follow the big-money investors into their next big opportunity. Click here to watch the entire online seminar, "How to Follow the Smart Money and Trade Options Like a Pro," free: http://iplacereports.com/?sid=6VB114

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changewave options trader jon najarian doctor j heatseeker options

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