Why Choose OD?
OptionDistrict is a site run by Option District LLC, an investment holdings company. OptionDistrict, LLC undertake various investment projects and will use funding from interested investors. Potential net profits (and losses) are split proportionally among the investors that fund project.
Opening an OptionDistrict Account is easy—but take our tour to see what we’re about. You’ll find that our members are a lot like you—alert, avid investors that follow the news. They also relish investing in response to information, and discussing potential opportunities with other investors.
Anyone may want to profit from an option trade in a volatile stock and commodity market; but why not enter these high return markets while limiting your risk? That is the essence of OptionDistrict.
Consider John and Wendy, two friends that talk about stocks and option trades all the time. Lately they’ve both been bullish on Google stock and want to buy a call option—but it’s expensive to invest alone. As members of OptionDistrict, they split the option they want into two units. Thus, they both invest for half the amount needed and split the profits the same way.
Jill is a news junkie that also loves to invest. Whenever she hears investment news—be it a hurricane threatening Florida’s orange juice crop harvest or a sudden move in the oil market—she logs into OptionDistrict to see what options other members are splitting.
Playing the oil market, investing in Toyota stock and having a position in orange juice is no problem for her: at OptionDistrict she does it for about $75 each, without risking a penny more. OptionDistrict allows her to not only read the news, but actually respond to it.
If you want to talk about the economy, whether it’s boom or bust, then Bill’s your man. He’s always on the OptionDistrict message board, exchanging ideas and option investment strategies. He gets into options with other like-minded members on index tracking stocks like QQQQ, DIA, SPY, even stock options that follow the Chinese market.
Sometimes he’ll initiate an opportunity himself, or just join in one already listed on the Actionboard.
Be it economic bull or bear in the West, or market bubble in the East, he’s in the action—and why not? Although most of his investments are at or near-the-money options, his investment is only about $100 each time.
Whether you want to invest $50 or $2000, OptionDistrict charges you just $10 per transaction (along with a proportionate amount of normal trading commission). For only $50 you can hold part of an option with other like minded members, capture the market volatility and make highly leveraged gains.
Think a certain stock is going to do well? Or that Gold, Oil or Coffee, etc. will go through the roof soon? In most cases-even in the most volatile markets-you can choose to invest in these areas for as little as $50 (plus transaction and your portion of commission fee)! It’s also an excellent community for learning about different markets you may be interested in but need information on.
We use the latest technology to ensure that your information is kept safe and secure. Your accounts are specialized accounts established to administer the funds contributed by you.
OptionDistrict policy does not allow any access to the funds, without your consent to do what you request.
In just minutes, you can create your personal member account by simply providing some basic information about yourself. You're already here, so why not get started: take a few minutes and join the most versatile investment community on the web!
To read more on how OptionDistrict works, go to the FAQ section.
The month was January 2007, and you feel that Google stock will be heading upward over the next few months. You see a June 2007 Strike 600 call option for Google (stock symbol: GOOG) already listed on the OptionDistrict Actionboard, split into 5 units. To buy this option on your own would cost $650; alternatively joining with OptionDistrict members to get one of the 5 units costs $130 each (if you wanted to invest more, you would buy 2 or more units).
You review the option details, accept the predetermined exit price ($1,300 in this case), and decide to get in.
Several weeks later the call option’s value explodes to over $1,500, meaning the one you were holding part of has already been sold (for $1300). The profit (not including investment fees) is 100%, and is automatically distributed to each participant’s account according to how many units were held.
As you were holding one unit, you invested $130 and got back approx. $260. Thus you are able to participate in high return investments (here 100%) with much less at risk.
By becoming an OptionDistrict member it is possible to participate in option opportunities similar to this one (including other stocks, metals, crops, energies, currencies and bonds etc.) on an ongoing basis.
Note: the predetermined exit price may be changed at anytime once the option or stock purchase is in the market; it is done via vote by members holding unit(s) of the opportunity. Please see the FAQ for more information.