#1 Options Trading System for Cash Flow
Jeff Bishop: I love that you’ve built a system that delivers exactly what to do on Sunday nights. It totally takes the guesswork out of what people need to be doing in the market.
Dave Lukas: I love to help people learn. I love to educate people. I love to teach, so I really do want to teach people to take our system and make it theirs, and that’s why that’s so important because anybody can learn it.
Anybody can put it into effect for themselves and use it to better their lives and gain financial independence, and that’s my goal with teaching people to do this.
Jeff Bishop: Hey, everyone. I’m Jeff Bishop, founder of ragingbull.com. I’m here today with Dave Lukas, who’s slowly taking all my chips. We’re here today to talk about his new service called Options Profit Planner.
It’s going to revolutionize your trading strategy. He has developed a system that wins, get this, over 90% of the time. He’s winning with this system, and he’s going to show you how you can flip the tables on your trading where you could become the dealer.
Instead of being the player who keeps losing their money, you could be the dealer taking the money all the time, so, Dave, thanks for coming today.
Dave Lukas: It’s great to be here, and it is great to have all the chips on my side.
Jeff Bishop: I don’t think I’m getting them back, so, tell me, how did you get started in trading? What’s your story like?
Dave Lukas: It’s an interesting story. I started out. I’m an entrepreneur. I own a number of businesses, and I didn’t set out to start trading or anything. I actually started my early investing career in real estate, believe it or not, and, over the years,
I did well in real estate. I still do real estate some today, but came a point about almost 10 years ago where I was highly invested in my businesses, and my wife and I had decided to adopt. We were going to adopt our daughter from China, and, at the time, like I said, it was highly leveraged.
Dave Lukas: I had maybe 40, 50 grand in my name, and anybody who’s ever adopted internationally or anything before knows there’s a lot of cost to it. Back then, it was 40 to 50 grand, and that was the last money that I had.
I didn’t want to basically get rid of our emergency fund, but I didn’t want to have to also borrow money to do it either and essentially finance my daughter, so I had to find a way, so I started looking at the markets as a way to have more liquid and faster returns versus real estate.
Dave Lukas: I love real estate. I love cashflow, and one of the things we’ll talk about today is how much I love cashflow and how we can do that same stuff in the market.
I looked at the markets, and I looked at how I could take some of the things I learned in real estate and then use that in the markets to help me create a strategy that would really work for me night and day while I sleep and be able to produce that income to help that goal, so that’s how it all started.
Jeff Bishop: How did you get drawn to options more than stocks?
Dave Lukas: The leverage of them, that was the first thing, but, but it’s really a realization that I had, and it’s funny we’re sitting here at a poker table, a blackjack table is that one of the big realizations that I had when I started looking at the markets, it was like the epiphany, I mean, if you buy a stock, how do you make money?
Jeff Bishop: If it goes up.
Dave Lukas: Right. It’s not a trick question. It has to go up. The reality of a stock is it can go really three ways. It can go up. It can go down or it can stay the same, so, if you buy a stock, what are your chances of making money? 33%, and so, if you think about it and think about it that way, you have a 33% chance of making money, to put that in perspective, blackjack odds in a casino is 46.36%, so if-
Jeff Bishop: It’s even worse if you’re in my seat.
Dave Lukas: Even worse if you’re in your seat, but you’re better off taking your money to the casino, and once I had that epiphany and realized that, I said to myself, “Shoot, if buying a stock makes me money only 33% of the time, who is making the money 67% of the time, because that’s who I want to be?”
So that’s what set me on the path to start looking at how you can do that, and that led me to options because the only way that you can be on the other side of the table is you got to be selling the stock, so how do you do that?
Either you’re an accredited investor or you got an IPOs, that sort of thing, or you’re taking a company public on the exchange, you’re the seller.
Dave Lukas: For most people, they’re just not able to do that. I wasn’t able to do that back then, and so I started looking at how I could be a seller in the market, and I came across some specific trades that you can do, actually some of the simplest ones that people don’t even really think about nowadays that you can do in the market to make yourself a seller, and so that’s how I did it, and I put the odds in my favor.
Jeff Bishop: How do you get your odds up to 90% on these trades? How are you finding these kinds of trades in the market?
Dave Lukas: Yeah, so, along with that, and this took a couple of years to get right, and along with that… so when… Getting into the trade is never the hard part. Keeping your profits and getting out of the trade, that’s the hard part. That’s the challenge for people.
Jeff Bishop: That’s always the trick, getting out with a profit.
Dave Lukas: Right. Anybody can get into a trade. It’s getting out with a profit that’s the key, and so, as I started to learn these strategies around the different things that we did, I started to look for ways to put those odds further in my favor, so the support levels and the resistance levels that you want to look to sell at.
I developed a key way of looking at the markets from a Bollinger Band perspective and what we call an energy perspective.
We go through and look at the ability of a stock to trend or not, to take advantage of that market movement, the energy that it has, and then, furthermore, we created a specific strategy on how to find the best candidates, the most, best fundamental and technical candidates to trade in the markets, and so, when you put that all together with a good, clear set of rules, you create an amazing system that works very consistently.
Dave Lukas: Now, we’re not doing a 150% returns, although we once in a while will get those, but it’s more like water dripping on a rock. It’s that consistent profits over time that just happens and then your account grows, and it’s almost like a… They say the eighth wonder of the world is compound interest.
This is compound trading. I want a strategy that worked for me while I slept and I didn’t have to sit there worried or be in front of a computer screen or sitting there looking at a chart all day long. I just didn’t have time to. I’m building businesses and everything else in my life, so I needed something that worked and systematically defended itself as well, too.
Jeff Bishop: About how long do you spend in the market each week or what does it take?
Dave Lukas: I spend really less than 10 minutes setting up the trades on Sunday evenings.
Jeff Bishop: Just 10 minutes a week?
Dave Lukas: Yeah.
Jeff Bishop: Wow.
Dave Lukas: Yeah, so we spend about 10 minutes setting the trades up on Sunday evenings and put them as good ’til canceled orders, and, if they fill, they fill. I’m not one to chase. There’s always opportunities in the market.
Always look at it like you’re a sniper in a tree. You’re just looking for that perfect shot, so, when I find a setup, and they’re there every single week, multiple ones to choose from, so I put it in those setups. I put in those orders as good ’til canceled, and I just let them go, and maybe they fill first thing on open Monday, maybe they fill on Tuesday, whenever, and then, once in a while during the week, I’ll check in from my app, because I’m on the go and doing all these things. I’ve got a family and all this stuff, so I don’t check in that much. I don’t even know what the market’s doing today. What is-
Jeff Bishop: I’m looking at my phone, checking the market like hour by hour at least, so you’re saying you don’t even look at the market during the week or-
Dave Lukas: A lot of days, I don’t. Some days, I’m on a plane all day.
Jeff Bishop: Wow.
Dave Lukas: Yeah.
Jeff Bishop: I want to come back to what you talked about earlier. It’s an indicator, and I think you call it fractal energy trading. Can you explain to me what that is or how you came up with it?
Dave Lukas: Sure. Yeah, it’s an indicator that I developed with some professional traders years ago that basically tells us when the market’s ready to trend or when it’s not ready to trend, and then we can use that to basically a set up trades based on the movement in the market and take advantage of that.
Same with stocks, same with ETFs, you can use it for any of them, but it’s been a really great tool to use and be able to set up our trades, put the odds better in our favor when a market is really exhausted, and we know it’s going to walk sideways or go down a little bit. We can really take advantage of that.
Same when it goes up, and so having that in our corner really makes a difference because we really can win no matter what the market does, up, down, sideways, whatever it does.
Jeff Bishop: I love that, being able to win no matter which direction the market goes. You’ve got an option strategy for it and the indicator telling you it’s getting ready to move.
Dave Lukas: Right, I never wanted to have to compete with the big boys. I never wanted them to compete with the Goldman Sachs or any of that type of stuff. Yeah, they run fiber optic lines for millions of dollars to their offices, so their trades execute one hay second faster.
What I want to do is win in the margins, play where they’re not, and so that’s really… This indicator helps us to do that.
Jeff Bishop: Something you said earlier was that you took your real estate knowledge and use that and you apply it to the stock market, so how does that affect your trading or how do you use that?
Dave Lukas: Actually there’s some really key rules that investing in real estate really helped and translated to the markets really well. If you think about it, really, a stock or index, whatever, ETF, is really just a piece of market real estate.
I mean, it’s really not that much different, and so, when you look at it that way, there are three rules from real estate that I took into the markets that have really served me well.
Dave Lukas: The first one is you want to buy a dollar for 50 cents. You want to buy a great property, a great, well-managed property below market price.
It’s the same thing in the stock market. Wouldn’t it be nice if there was a stock that you really liked that’s sitting at 30 and you could buy it for 20 right now?
Jeff Bishop: I would love to do that.
Dave Lukas: You’d love to do that, so that’s the first thing. The second thing is you invest for cashflow. See, I like getting paid. I don’t like waiting to get paid. I like getting paid.
Jeff Bishop: I like getting paid, too.
Dave Lukas: I like getting paid right now, so, having that cashflow is really important to me, so a strategy that could pay me for taking on any risk, that was really important, and then the third thing is that you have to be okay with holding for the long term.
In real estate, you reap benefits over the long term, and in the market you can, too, and that’s how where you can get really good cashflow from, and so we have… A lot of times, we’re out in just a little bit of shorter time, but you have to be okay with the long term, too.
Jeff Bishop: I think too many traders are so short term focused. They don’t want to hold for a few weeks or months, and they leave a lot of opportunity on the table, so you found a way to capture that by taking advantage of that.
Dave Lukas: Exactly, and it’s really going against what our society is teaching us nowadays. We live in this instant society. I mean, we stop the micro with three seconds left. We came wait three seconds anymore, and because of that, we miss out on these opportunities that are a little bit longer term, but pay really, really well, and then nobody’s focused on it, and, again, it goes back to winning in the margins.
Jeff Bishop: If I get it right, it sounds like you found a way to identify maybe the worst trades in the market, if you will, maybe it’s like a sucker bet out there, but you found a way that you can sell that to somebody instead of taking the bet. It’s that-
Dave Lukas: Sort of. It’s not even the worst trades in the market. It’s just putting the odds in your favor and be on the other side of the trade, so we talked about, just by the type of trade you do, you can put yourself at 67% odds already.
Now, couple that with a system that puts together some very specific rules of how you enter and when you enter and those sort of things, that allows you to get to 80, 90%. The defense you put on things like that make a huge difference.
It allows you to consistently win, but the thing is is that you’re on the other side of the trade. You’re on the winning side of the trade to start with. Most people never are, and that’s about putting the odds in your favor from the start, and that’s the most important thing.
Jeff Bishop: Look, I’ve been in a lot of casinos. There’s one thing I’ve noticed. The casino always puts the worst odds of the machines out in front, so, when you walk in, you’re going to play that.
Usually, it’s this a wheel of fortune machine. You spin it. You put a dollar or two down. You spin the wheel and something happens. Nine times out of 10, they take your dollar and you lose, but people love it. They’re lined up ready to play this game.
Dave Lukas: That’s the suckers bet.
Jeff Bishop: I’ve always wished I could have that wheel. I would have that wheel in my house, people can play, so it sounds to me like you found a way with trading to find these sucker bets and then put them in your favor where you’re the house.
Dave Lukas: Yeah. Essentially, yes, but they’re not all sucker bets. It’s just being on the right side of the trade, and so, if you think about what we talked about the beginning, just by picking the type of trade you do can put the odds in your favor to the tune of 67%.
Now, couple that with good entry and exit rules and the defense and stuff, and, all of a sudden, you have a system that… and even a system to find the right candidates, and, all of a sudden, you’ve got a system that wins 80, 90% of the time, and you’re on the other side of it.
You’re on the house side, and that’s where you want to be anyways. You want to be that one that has those odds in your favor all the time. Why wouldn’t you be?
Jeff Bishop: Dave, I’ve been trading options a long time now. I’ve seen all kinds of strategies. If you’re going to win 90% of the time like you’re saying, this must be a really complicated strategy. Is this something that people really could put to use?
Dave Lukas: Einstein I think said, “Keep things simple, but not simpler,” and one of the things that anybody who has ever worked with me has found that I try to keep things as simple as possible, how else could I do it in 10 minutes or so, and that was the whole point of the strategy from the start.
Dave Lukas: I think people in general make things more complicated than they have to be. Traders especially make things more complicated than they have to be. They think they have to have all these indicators, and these different chart patterns, and double diagonal albatross, whatever, and all those stuff and-
Jeff Bishop: Everyone thinks adding another monitor to your screen is going to help you be a better trader.
Dave Lukas: Honestly, what I found is the simpler you make it, the more you win, and so I only use a few key indicators and creating the energies that we talked about, a few specific types of trades and then some specific entry and exit rules.
Really, at the end of the day, that’s all it is, and so that’s what makes it simple and easy, and easy to implement, easy to do and to do from your phone in less than 10 minutes.
Jeff Bishop: Something I’ve heard you say a few times is 10 minutes a week, so what does someone do with 10 minutes a week with your system and how can you possibly use that little bit of time to make these kinds of profits?
Dave Lukas: Very simple, one to two minutes to find the right candidates to trade, another two minutes to check the charts and the confirming metrics that we do right now, another two minutes to set up the trades and pick the option strikes that we’re going to be working with, and then the last couple of minutes just to put the trade, put it on, good to cancel, and let it ride.
Jeff Bishop: That’s great, and how long do you typically hold a position for? Are we talking days or weeks or what?
Dave Lukas: No, so the average time we’re in a position is about 2.9 months, sometimes a lot shorter, but the average time overall for all the positions we do, we do different ones, about 2.9 months.
Jeff Bishop: That’s a really a great strategy for people who don’t want to sit in front of a computer all day. They can’t watch their phone or the computer all day tick by tick. Three months is a long holding time on average.
Dave Lukas: Now, we’re getting at least a 6% return on risk on all of that, usually, a lot more, so we’re turning our money over 4.1 times a year, over 20% returns for less than 10 minutes a week.
Jeff Bishop: It sounds pretty incredible, honestly. How many trades per week or month are you looking at typically can people actually execute with the system?
Dave Lukas: Yeah, we’re typically adding 10 to 12 new trades a month, sometimes more.
Depending on when the energies give us some really good fills, we’ll load up and that sort of thing but, for the most part, 10 to 12 new trades a month, and we’re closing out about the same every month, so we’re rolling that income all the time.
We’re always putting that money to work, and so that’s about the standard for us.
Jeff Bishop: You call it the Options Profit Planner. I’m guessing you could call it planner because you’re actually planning when you’re going to be able to take these profits out. I know that you’re such a long term out there.
Dave Lukas: That’s absolutely right, and it’s the discipline, so, for me, one of the things that I’ve really learned over the years in building businesses and even doing a lot of the athletic things that I do and stuff like that is it’s discipline, consistency and persistence, and that’s what it takes to be successful, and so the whole point of the strategy is to be disciplined, to be consistent and then persist through if you have to.
Dave Lukas: Not every trade one, out of 10 is going to go wrong, what do you do, so having a strategy and a plan for that, persisting through it, making that work, and the nice thing is we’ve got a really great defensive strategy that we’ve developed over the years that, if a trade does go against us, maybe get a black swan type move or something, it allows us to typically get out with around the break even mark or not lose very much, which is really nice and helps you sleep a lot better at night.
Jeff Bishop: Sure, so does your portfolio bounce around a lot? Are you seeing big volatility?
Dave Lukas: Not that much. You don’t see it that much. Sometimes, when the market really is moving, so you think about those times over the last few years where it was 2018, it was February and you had that big move down.
Anytime you have options with volatility, things will move around. That happens. When you get volume spikes, you’re going to have that sort of thing, but, for the most part, it’s pretty steady and even keel, and that’s where we like it.
Jeff Bishop: You like collecting money every day?
Dave Lukas: I do. I like cashflow.
Jeff Bishop: It sounds great, so talk to me about some of your losing positions. How does that work and how do you manage them?
Dave Lukas: Yeah, so, years ago, that was one of the things that was lacking. I’d win, win, win and then I’d have that one trade go against me.
Jeff Bishop: I think everyone does. They’ll take three or four steps forward and then lose it all in one trade. It’s very frustrating, so how do you manage that?
Dave Lukas: In managing that, we developed this rule called the 15% rule, and the rule is very specific on what you do with some of the credit that you have from the trade you’re doing and where you put it and how you put it on and what timeframe you put it on.
That allows us to ensure that we are protected if a stock does go against us in any way, and so that’s something that was really important to us, but the first way that you really set yourself up is, again, what we talked about, choosing the right type of trading vehicles to do the right type of options to trade.
Dave Lukas: The best way to have defense as I talked about the beginning is putting the odds in your favor with the type of trades that you decide to do, but, more importantly, having a good set of exit and entry rules that really allow you to put, widen those odds, if you will, and grow those odds for you, so you don’t want to sell at the money if you’re selling an option.
You want to be able to sell way below the money, way below support, maybe below the 52-week low if you can get it. What’s the chances of that stock coming down to its 52-week low in a couple months?
There’s a lot of ways to put those odds in your favor, so that’s part of the defense as well, so it’s a complete system and strategy that works together that really ensures that we’re successful.
Jeff Bishop: You’ve done this about four years now. How many trades have you made in that time? You win 90% of the time. How many are we talking about?
Dave Lukas: We’re doing 120 to 150 trades a year or so.
Jeff Bishop: Wow, so you have a lot of track record with this to say 90%.
Dave Lukas: Yeah, and, honestly, we’ve been doing it back almost a decade, and I started actually publishing the trades in 2013, so I actually can show the trades back to 2013 at this time.
Jeff Bishop: Wow, so you’re doing this with real money. You’re actually showing people what trade to get into, what you’re doing and when you’re doing it.
Dave Lukas: Yeah.
Jeff Bishop: Okay, so you’ve been doing this for years now with real money, watching this account grow over time. I mean, you’ve seen some big moves in the market happen then. It’s great when the market goes up, but how do you deal with things when they really go down?
Dave Lukas: Yeah. A great example of that, I mean, last October, October 2018, we had this huge down move in the market, and I had… and so we had a lot of positions on. We took advantage of that.
We really took advantage of that in creating new positions, but we had some positions that got essentially in the water, and so we had some spread trade positions.
We had some naked put side options that were out there, and so there’s… The defenses that we had in place helped us, but, on some trades, we needed to do some things, and so, at that point, the most important thing that I can tell anybody is to separate emotion from logic, and the best way to separate emotion from logic is to have a good solid system of steps of what you do for when something goes wrong, because when everything’s going fine, you don’t worry about it, but when it does is when the emotional side takes over and you panic and you make bad moves and you do trades that you shouldn’t do.
Dave Lukas: We’ve got very simple strategies for how we do that. Typically, we roll it out, very easy to roll it out, and we typically get more money, which is great, so, hey, we’ll roll it out. We’ll make some more money, and we’ll give ourselves a little more time to free ourselves from that trade, and so we did that.
We actually rolled it out into the spring and even to the June timeframe for some of the trades, and we actually just exited them all for a profit just recently, so it was a great example of, hey, here’s what you do when something goes against you and here’s how you can still make money off it, still stay in, still keep that money and systematically continue on without blowing up your account, which a lot of people do in those times.
Jeff Bishop: Because you’re willing to hold for longer periods than most people and you’re really flexible in your trades, you have a plan going into it. What happens with the cashflow in that time?
Dave Lukas: That’s the point. That’s the nice thing about rolling things out. It allows you to collect more cashflow and everything else. It’s the same.
A great example, look at the real estate markets, so, the real estate market 2008 through 2010, what happened? Your property might have been worth a lot of money.
All of a sudden, you go like this. It was worth nothing. What did a lot of people do? They freaked out and they sold.
Effectively, if you had stayed in and rolled your investment in real estate for the next 10 years, you got 100% return.
Jeff Bishop: I was too nervous to invest, and I’m kicking myself for it now.
Dave Lukas: Yeah, it’s the same thing. Remember, be fearful when others are greedy and greedy when others are fearful. It’s not the time to get out when everybody’s afraid.
That’s the time to really take advantage of it, so you know that, when you have those bloodbaths or when those things happen, you can really take advantage of it, number one, with your new trades, but you can actually make more money on your existing trades, too, and so we like to do that because, again, we have a long-term view of things.
We like to play the long game and we love cashflow.
Jeff Bishop: I love you’re not forced to have a trade. Markets can be volatile day to day, but you’re able to ride out that volatility with your strategy.
Dave Lukas: It’s because I’m not emotionally invested in it. I think that’s one of the things, that people get emotionally invested into trading and emotionally invested into a position, and that’s where they get themselves into trouble, and that’s why, again, back to that thing we talked about at the beginning about being that sniper in the tree, let it come to you.
If it happens, it happens. If it doesn’t, there’s another trade tomorrow that you can do.
There are always opportunities available.
Jeff Bishop: Yeah, I love that. I think people are so focused on making every trade all the time, and they need to be focused on the right trade at the right time, and that seems like what your strategy does.
Dave Lukas: Exactly.
Jeff Bishop: All right, so talk to me about what Options Profit Planner actually is, so what do people actually get with your service? What does it look like?
Dave Lukas: Yeah, so, every week, every Sunday at 5:00 p.m., we send out our advisory service, our newsletter that actually goes through what’s happening in the markets.
It goes through all the trades that we’re doing, reviews every trade that we have on, what we’re doing with that current position, are we getting out, are we going to do anything defensively, anything like that, and I do a video analysis of the market, so I take everybody through like the fractal energy indicators as well as how we’re analyzing the trades.
I show them every new trade that we’re doing, what the setups are, how we’re doing it.
Dave Lukas: I use it a lot to educate. I love to help people learn. I love to educate people. I love to teach.
So I really do want to teach people to take our system and make it theirs, and so I do a lot of that in that video, but we do it in about 10 minutes or so and wrap everything up, and then it’s all there for people to go to, as well as the new trades of the week and everything, so they can look right over my shoulder and see what I’m doing and everything, and they can take what I’m teaching them and use that aside from their other strategies they use, and, yeah, it’s a great service.
Jeff Bishop: I love it. With just 10 minutes each week, you can be set up for the full week ahead.
You’ve got your trades already planned.
You know what price, what contracts you’re getting into. I love that. That’s all set out.
Dave Lukas: Good ’til canceled orders, they’re all set and ready to go.
Jeff Bishop: What better thing can you ask for? I’m a busy guy.
I don’t have time to manage a lot of trades, so, having 10 minutes a week to allocate to that, that’s a strategy I can work with.
Dave Lukas: Yeah. Exactly.
Jeff Bishop: From what I’m gathering, it sounds like this is a strategy that works really well and consistently, but you probably need a large account to do this with, so-
Dave Lukas: No. I mean, I started with $3,000 years ago when I started out.
Jeff Bishop: 3,000?
Dave Lukas: Just $3,000. That’s the beauty of strategy.
The types of trades that we do allow you to scale down and to help with small accounts or even do large accounts. I still do a small account for fun.
I’ll put a small account every year. I just put 5,000 and then trade from there and see how I do for the year and go from there, so, yeah, absolutely, small accounts, large accounts, whatever size. That’s one of the benefits of it.
Jeff Bishop: That’s great. I know a lot of people do have a larger accounts.
They’re looking for that consistent cashflow, a way to consistently have the opportunity to beat the market year after year, but no matter what account size you’ve got, that’s always got to appeal to you.
Dave Lukas: Absolutely. Again, it’s about consistency.
You can do multiple strategies, but how nice is it to have a consistent making money for you while you’re doing those strategies that’s very complementary to that type of stuff?
Jeff Bishop: I don’t know that I’ve ever come across a strategy that wins 90%-plus of the time like it has for you, so that’s incredible.
That’s a way to really build a consistent cashflow year over year.
Dave Lukas: Right, ad that’s what it’s about.
It’s not about the home-run trade every single time and everything, again, remember that water dripping on a rock, just consistently, consistently creating cashflow from the markets.
Jeff Bishop: I hear you talk a lot about discipline and having a process in place.
It’s helped you build successful companies. It’s helped you in real estate investing. It’s obviously helped in your triathlon, and now I see it’s in your trading.
It’s having a successful system and sticking to it really can deliver consistent profits.
Dave Lukas: Yeah, it’s the system that wins every time. I mean, great businesses are really a collection of great systems and infrastructure that work symbiotically with each other to grow.
You think about the biggest businesses in the world. Has the founder needed every day for them to do what they do and continue to grow and gain market share or anything? No, right?
Those systems that have been put in place continue to work for them whether they are there or not, and I think that’s the important thing about building a trading strategy is to look at it like building a business of systems.
Jeff Bishop: Yeah, I love how you’ve built the system that people can just replicate at that point.
You’ve done the hard work. You’ve figured out the system and put it in place and you just lay it out there for people to do, so that is so important that you’ve built the framework and you clearly laid it out for people to follow.
Dave Lukas: Yeah, and, along the way, doing your best to keep it simple. I think that’s the important thing. We talked about earlier how traders can make things more complicated.
Businesses can do the same thing. Great businesses really get to understand their roots and the basics of what made them successful and they never lose that, and it’s the same thing here, and that’s why keeping it simple is less than 10 minutes.
It’s pretty simple, and that’s why that’s so important because anybody can learn it. Anybody can put it into effect for themselves and use it to better their lives and gain financial independence, and that’s my goal with teaching people to do this.
Jeff Bishop: Dave, thanks for coming out today. Besides taking my money, it’s been really good to see you here.
If there’s one thing I’ve learned, it’s that I definitely want to be the house instead of making these bets all the time. I don’t want to have the sucker bet. I want to take the sucker bet.
Dave Lukas: I’ll second that.
Jeff Bishop: Your system, man, is really refreshing. It’s for people who aren’t day traders, people who don’t want to be active in the market day in and day out.
I love that you’ve built a system that delivers exactly what to do on Sunday night. Before the market opens each week, you’ve already laid out a video clearly explaining what you’re planning to do.
You’ve got an email set up with exactly what to look for, the exact option contract, what stock and what price you’re looking to do every single week. It totally takes the guesswork out of what people need to be doing in the market, so, in about 10 minutes or less a week, right?
Dave Lukas: That’s right.
Jeff Bishop: In 10 minutes or less each week, you can set up your whole trading week to be consistently profitable just like Dave have done.
Every Sunday night, you get a plan that works around 90% of the time that’s proven to build an account like Dave’s, and you can be doing the same thing, so take the opportunity right now.
Jeff Bishop: You want to work with Dave. Trust me, this is a great guy. He is successful at everything he does.
He’s worked with hundreds of students already. He’s going to show you exactly how to do this and how you can be planning your profits week after week.
You can totally do this.
He’s going to walk you through how to do it step by step, explain exactly what you need to do.
Dave Lukas: Yeah, and, Jeff, it’s been an honor to be here with you today and with all of you that are watching out there.
For me, this is all about creating the system that helps people create their financial independence.
That’s what I wanted. For me, I had a very specific goal in the beginning, and then it grew from there, and so that’s what I want to do for you now, so I know we only have some limited spots in this because I can only work with so many because I do have other businesses and stuff, so, hopefully, I get to see you in there and hopefully I get to work with you and help you do the same.
Jeff Bishop: Yeah, it’s already helped a lot of people. I know it’s going to help you if you’re watching this, so take the opportunity to right now work with Dave.
I mean, this guy is successful at everything. He’s going to show you exactly how to do it, so take the opportunity right now. It’s the Options Profit Planner.
I’m going to be in there starting Sunday night. I hope you are, too.
Dave Lukas: I’ll see you there.