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Key Concepts

Options involve risk and are not suitable for all investors. Please read Characteristics and Risks of Standardized Options before deciding to invest in options.

Karen The Supertrader

Karen is a retail, do-it-yourself investor that has turned a few thousand dollars into millions in a number of years managing her own money and now manages a large fund.

In 2002, Karen opened her account at thinkorswim with $10,000 and in five years, while working a full time job, managed her account and learned as much as she could. In 2007 her confidence was peaking and she moved her liquid capital from a professionally managed fund into her trading account. She made a 50% return in her first year and honed her focus in on non-directional plays. The next year, she gathered capital from other investors and started managing $600,000 in 2008. By 2011, she claims she had made $41,000,000 in profits from trading options.

Her strategies varied but they evolved into one simple strategy, which is now selling strangles in indices. She constantly manipulates her strikes and weights, and adjusts mechanically based on market conditions. Karen wishes to keep her contact information private, but her strategies are disclosed in the accompanying videos. Karen is an example of a retail investor turned multi-millionaire, simply by taking control of her money and taking the time to learn the material at hand.

Karen The Supertrader Videos