| Dear Friend,
The first quarter of 2020 is over. The market (SPY) has dropped over 21% while our composite portfolio average has gained nearly 35%. That is a wonderful endorsement of trading options as opposed to buying stock.
There are some important ideas about our form of options trading in this week's report. I hope you will study it carefully.
Enjoy your time at home during this time of crisis. Be thankful that bombs aren't falling on us.
Terry
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