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Let me give some of my personal views.

I joined the program about 18 months ago. Since then, I have enrolled as a life member. I attended 3 of their traders summits. I found the coaches plus the traders community to be a great platform for generating new ideas and strategies.They are a serious bunch of good traders who are willing to share.

In October 2009, I decided to incorporate options spread as one of my core trading strategies. http://zpring.blogspot.com/2009/10/upgrade-in-trading-strategies.html

Although I used options before, I realized I had not used it properly. It is not easy. But once you understand it, it becomes a clear edge.

My performance has been more consistent.http://zpring.blogspot.com/2010/10/my-performance-indexed.html Although I was successful previously in my >20 years of trading, it has reduced the volatility of my account and allows me to put a lot more capital into my portfolio.

In September this year, I wrote about learning options the proper way.http://zpring.blogspot.com/2010/08/learning-options-proper-way.html OA was not mentioned. The qualities of a good training program mentioned are in the OA program. I have talked to fellow traders in the OA community. I can confidently say that 80% of them make money consistently. For those who do not are those who failed to follow the rules consistently. They try to come up with some hybrids that many times cater to the greed and emotions of option trading. Usually, you can win big or lose big if you use option to leverage or enhance your performance.

I use options to hedge, and not to leverage or enhance my performance. I rely of fundamentals and techncials for shorter term directions. Options are used to hedge my trade structure.

Also for junior and low liquidity stocks, you will not find options useful.

Finally, I think the success really depends first finally on how well you understand the stock and the market. Next is your ability to read the technicals to get the shorter term entry and exits signal. The third compoent then is your abillity to use options to hedge which will give you an additional competitive edge.

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