Phoenix-Mesa, AZ (1888PressRelease)
January 02, 2009 - A new Web site that could very well be the answer to those wanting to avoid the devastating effects of the U.S. recession is making its debut on the Internet.
The site is the brainchild of an entrepreneur from Arizona who combined his option trading experience with computer programming. It’s called OptionsDepot.com.
“I’ve been successful at selling options for a couple of years,” says Douglas Armster, owner/operator of the site. “To me it’s a great way to make a recession-proof income. So, I decided to put the site together to help other traders and to develop a second stream of income.” The company is headquartered in Queen Creek, AZ.
According to Armster, the name of the new company is designed to convey the message that option traders have a place to go if they need an option to sell to make money – hence the name “OptionsDepot”.
The Web site’s primary goal is to show option traders the put options they can sell that will grow their accounts by 1% each month. The options are carefully scrutinized, and their merits for profit are examined before a recommendation to sell them is given by Armster himself.
“I think my site is the only one that offers this kind of service at a reasonable price,” said Armster. The site includes links to reports filed with the Securities and Exchange Commission, and in-depth fundamental information on stocks representing the options he recommends.
Armster has plans to include free information on call options to enhance the site’s depot image.
About OptionsDepot.com
OptionsDepot.com, headquartered in Queen Creek, Arizona, is a leader in put options analysis. Through proprietary systems OptionsDepot.com brings the highest paying put options to option traders through a web-based subscription service. For more information about OptionsDepot.com please visit www.optionsdepot.com/access.
Contact:
James Bert, director of public relations
OptionsDepot.com
602-799-4803
http://www.optionsdepot.com/access
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