Does MCTO employ other options strategies in addition to credit spreads?
Yes. But the longer answer is that the MCTO Advisory Service primarily focuses on writing Credit Spreads and Iron Condors on the Russell 2000 Small-Cap Index (RUT), the S&P400 Mid-Cap Index (MID), and the S&P500 Large-Cap ETF (SPY). We focus on this non-directional, income generating strategy because it works day-in an day-out, requires only a few hours of work per week, and it returns 6% to 10% per month. For more on our returns please visit the ROI Returns Page. However, we also periodically recommend “bonus” directional trades like calls, puts, debit spreads and butterflies to hedge our income generating credit spread strategy, or to take advantage of macro level cycles of the market. For example, after the crash of October 2008 most stocks were down 35% to 50% – and the sell-off happened in less than 15 trading days. Because we only experience a crash like this every 7 to 10 years, we did recommend many long-term, 12 month, straight calls and bull call spreads on high quality compa