Saturday, March 7, 2009

14.87% Parabolic Losses in 2009

Mr. John Lansing closed all his positions. It is time to summarize his performance for the first 2 months of 2009.


ESI 02/23/09 - 03/06/09
Symbol Action Month Strike Type Entry Price Closed Price G/L $ G/L %
ENJPR Buy April 90Put $3.30$6.503.296.97%
UTHR 02/20/09 - 03/06/09
Symbol Action Month Strike Type Entry Price Closed Price G/L $ G/L %
HSUQL Buy May 60Put $6.00$7.801.830.00%
BIDU 03/04/09 - 03/06/09
Symbol Action Month Strike Type Entry Price Closed Price G/L $ G/L %
BDQPT Buy April 100Put $1.75$2.300.5531.43%
FFIV 02/20/09 - 03/06/09
Symbol Action Month Strike Type Entry Price Closed Price G/L $ G/L %
FLKOC Buy March 15Put $0.10$0.150.0550.00%
AZO 02/02/09 - 03/06/09
Symbol Action Month Strike Type Entry Price Closed Price G/L $ G/L %
AZOOD Buy March 120Put $5.20$0.50-4.7-90.38%
MYGN 01/30/09 - 03/06/09
Symbol Action Month Strike Type Entry Price Closed Price G/L $ G/L %
GSQOM Buy March 65Put $2.65$0.70-1.95-73.58%
MON 01/27/09 - 03/06/09
Symbol Action Month Strike Type Entry Price Closed Price G/L $ G/L %
MONON Buy March 70Put $3.40$3.600.25.88%
BIDU 02/24/09 - 03/06/09
Symbol Action Month Strike Type Entry Price Closed Price G/L $ G/L %
BDQPT Buy April 100Put $3.40$2.05-1.35-39.71%
CF 02/24/09 - 03/06/09
Symbol Action Month Strike Type Entry Price Closed Price G/L $ G/L %
CFQH Buy May 40Put $3.00$1.45-1.55-51.67%
FFIV 01/21/09 - 03/06/09
Symbol Action Month Strike Type Entry Price Closed Price G/L $ G/L %
FLKOC Buy March 15Put $0.35$0.10-0.25-71.43%
ESI 02/23/09 - 03/04/09
Symbol Action Month Strike Type Entry Price Closed Price G/L $ G/L %
@ENJPR Buy April 90Put $2.50$5.002.5100.00%
APOL 02/12/09 - 03/04/09







Symbol Action Month Strike Type Entry Price Closed Price G/L $ G/L %
OAQQL Buy May 60Put $2.95$5.702.7593.22%
APOL 02/20/09 - 03/04/09







Symbol Action Month Strike Type Entry Price Closed Price G/L $ G/L %
OAQQL Buy March 60Put $2.50$4.802.392.00%
CHTT 01/30/09 - 03/04/09







Symbol Action Month Strike Type Entry Price Closed Price G/L $ G/L %
@HQTOL Buy March 60Put $1.90$4.302.4126.32%
CHTT 02/20/09 - 03/03/09







Symbol Action Month Strike Type Entry Price Closed Price G/L $ G/L %
HQTOL Buy March 60Puts $1.50$3.201.7113.33%
STRA 02/12/09 - 03/02/09







Symbol Action Month Strike Type Entry Price Closed Price G/L $ G/L %
DAEPJ Buy April 150Puts $3.50$7.003.5100.00%
MON 02/25/09 - 03/02/09







Symbol Action Month Strike Type Entry Price Closed Price G/L $ G/L %
MONON Buy March 70Puts $1.65$3.101.4587.88%
AZO 02/25/09 - 03/02/09







Symbol Action Month Strike Type Entry Price Closed Price G/L $ G/L %
AZOOD Buy March 120Puts $1.75$2.050.317.14%
BIDU 02/27/09 - 03/02/09







Symbol Action Month Strike Type Entry Price Closed Price G/L $ G/L %
BDQPT Buy April 100Puts $2.20$3.20145.45%
CF 02/25/09 - 03/02/09







Symbol Action Month Strike Type Entry Price Closed Price G/L $ G/L %
CFQH Buy May 40Puts $1.10$1.400.327.27%
GDP 01/15/09 - 02/20/09







Symbol Action Month Strike Type Entry Price Closed Price G/L $ G/L %
@GDPNE Buy Feb 25Put $2.50$0.05-2.45-98.00%
APA 01/15/09 - 02/20/09







Symbol Action Month Strike Type Entry Price Closed Price G/L $ G/L %
@APANN Buy Feb 70Put $4.80$5.500.714.58%
SWN 01/16/09 - 02/20/09







Symbol Action Month Strike Type Entry Price Closed Price G/L $ G/L %
@SWNNE Buy Feb 25Put $1.75$0.02-1.73-98.86%
FRT 01/15/09 - 02/20/09







Symbol Action Month Strike Type Entry Price Closed Price G/L $ G/L %
@FRTNI Buy Feb 45Put $4.50$2.25-2.25-50.00%
SCHN 01/07/09 - 02/20/09







Symbol Action Month Strike Type Entry Price Closed Price G/L $ G/L %
@SQQNG Buy Feb 35Put $2.50$2.10-0.4-16.00%
APOL 01/07/09 - 02/20/09







Symbol Action Month Strike Type Entry Price Closed Price G/L $ G/L %
@OAQNN Buy Feb 70Put $3.50$0.05-3.45-98.57%
FFIV 01/21/09 - 02/20/09







Symbol Action Month Strike Type Entry Price Closed Price G/L $ G/L %
@FLKND Buy Feb 20Put $1.00$0.20-0.8-80.00%
ADM 01/08/09 - 02/20/09







Symbol Action Month Strike Type Entry Price Closed Price G/L $ G/L %
@ADMNE Buy Feb 25Put $1.30$0.05-1.25-96.15%
GG 01/08/09 - 02/20/09







Symbol Action Month Strike Type Entry Price Closed Price G/L $ G/L %
@GGNE Buy Feb 25Put $1.75$0.05-1.7-97.14%
CTRP 02/09/09 - 02/20/09







Symbol Action Month Strike Type Entry Price Closed Price G/L $ G/L %
@QCTBX Buy Feb 22.5Call $0.60$0.05-0.55-91.67%
EOG 01/16/09 - 02/20/09







Symbol Action Month Strike Type Entry Price Closed Price G/L $ G/L %
@EOGNL Buy Feb 60Put $3.70$4.801.129.73%
PFG 02/10/09 - 02/20/09







Symbol Action Month Strike Type Entry Price Closed Price G/L $ G/L %
@PFGBC Buy Feb 15Call $0.60$0.05-0.55-91.67%
ESI 02/12/09 - 02/20/09







Symbol Action Month Strike Type Entry Price Closed Price G/L $ G/L %
@ENJPR Buy April 90Put $2.75$4.001.2545.45%
UYG 02/05/09 - 02/06/09
Symbol Action Month Strike Type Entry Price Closed Price G/L $ G/L %
UUFCD Buy March 4Call $0.45$0.600.1533.33%
SWN 12/23/08 - 01/16/09
Symbol Action Month Strike Type Entry Price Closed Price G/L $ G/L %
SWNME Buy Jan 25Put $1.80$0.05-1.75-97.22%
APA 12/23/08 - 01/16/09
Symbol Action Month Strike Type Entry Price Closed Price G/L $ G/L %
APAMN Buy Jan 70Put $4.70$0.05-4.65-98.94%
FSYS 12/19/08 - 01/16/09
Symbol Action Month Strike Type Entry Price Closed Price G/L $ G/L %
QQMF Buy Jan 30Put $3.00$0.05-2.95-98.33%
EDU 12/18/08 - 01/16/09
Symbol Action Month Strike Type Entry Price Closed Price G/L $ G/L %
EDUMI Buy Jan 45Put $2.10$0.03-2.07-98.57%
GDP 12/09/08 - 01/16/09
Symbol Action Month Strike Type Entry Price Closed Price G/L $ G/L %
GDPME Buy Jan 25Put $2.75$0.05-2.7-98.18%
EOG 12/09/08 - 01/16/09
Symbol Action Month Strike Type Entry Price Closed Price G/L $ G/L %
EOGML Buy Jan 60Put $3.75$0.05-3.7-98.67%


Average: -14.87%
Not bad compared to S&P500 24% loss (if Parabolic Options was free...)

11 comments:

Anonymous said...

Not only did he close his positions but he closed his chatroom at the Trending123 website stating that he needed to "dedicate more time and effort to what (he) does best"

Given his lackluster performance his subscribers should hope he would dedicate LESS time to what he does.

John Lansing is somewhat of a scam artist imho.

SUBSCRIBERS BEWARE!!!!!

Anonymous said...

I really like your blog. You are doing a service by letting others know about these charlatans. Don't give up the ship please.

Anonymous said...

Thank you Karl, for the valuable information published here. I started to receive Lansing's email a couple of weeks back and I just wanted to google it before giving it any serious consideration. It seems this another proof for the old saying, "if something sounds too good to be true, then it is not true".

Anonymous said...

Thanks for the info. I had been receiving John Lansing's emails for few weeks. This started after I attended an introductory seminar by Optioetics. I was almost ready to subscribe to his service, but, thought of doing some research to find out what was parabolic options technique. During that research I found your blog. I am glad I did; it saved me the $1,000 subscription fee and losses on the trade.

One question - how did you get the detail info about his trades?

Another question - any info about Chuck Hughes? He has written a book on trading ETF options and is offering $5,000/yr subscription to his website which will show all his trades.

Anonymous said...

To the latest Anonymous:

1. Subscribers share info with me.
2. Sorry I have no info on Chuck Hughes

KA

Anonymous said...

He's an EW analyst promising to make lots of money when his option plays go parabolic, unfortunately he does not offer sound advice when the parabolic move goes against you.

1. he offers you directional trades without a hedge, without any risk management outside of telling you to keep you positions manageable as you leg into these traps the market sets for you...but hey, it's your money not his...

2. ...recommends high volatility (over priced) puts and calls... you're out of luck the moment the trade is executed and the underlying begins to move against you...no stop alerts no exit strategy, just let's it expire worthless...but hey, it's your money not his...

3. reckless doubling down on positions that have little or no chance to break even let alone become profitable before expiring worthless...but hey, it's your money not his...

4. trades without stops, his options plays can and do expire worthless, even after doubling down on his reckless trades...but hey, it's your money not his...

5. his technical advice leaves out the possibility of price moving in a parabolic direction counter to his assumptions...you are left hanging when this happens with no exit strategy...but hey, it's your money not his...

Steer clear of this options service.

Anonymous said...

...recommends high risk, extremely volatile Out of the Money puts and calls, no exit strategy, parabolic catastrophy in the making on every play...Save your money...BEWARE!

Anonymous said...

I signed up with this genius in March and as of today (June 26th), he has managed to turn $10,000 into about $1,300 (a 77% loss). He made $250 off me before I cancelled and my broker also made $250. -Stay Away!!!!!

Anonymous said...

Boy do I wish I saw this 2 months ago. It would have saved me much heartache. I am here now to warn others of what a con artist this guy is.

His background is the hospitality industry, not finance.

He is on an incredible run. He has 10 open positions and they ALL (yes ALL) are down in value at least 70%. Six are down more than 90%. The closed positions are even worse (although he has a couple winners sprinkled in there.)

I quit the 'service' after 2 months and every pick except 1 is down with almost all of them headed to a zero.

This guy is a con artist. I am writing this to warn others so you don't lose all your money like I did listening to him.

Lisa

Anonymous said...

Agree Lansing is a con artist.

And full of himself to boot!

indigo4953 said...

I am sorry you lost money and thanks for sharing your experience with that scam oh... I mean service ... You helped pull me back to reality. I was thinking about joining - you know to make money faster is a desire we all have but as someone very wise once said "there ain't no free lunch". It may be slow but what has worked consistently well for me is to stay informed (I read the IBD),keep to specific sectors and don't get greedy. I would think that anyone who had a method of "doubling your money to your heart's content" wouldn't waste time trying to get 1000$ subscribers - they would be Wall Street tycoons! But on the off chance - if there is anyone out there who can tell me how to double my money every day for 30 days I'll start with a penny and split the 30 day total with you and we will both be millionaire's!