August 10, 2017 Meeting Announcement

SVOG Meeting Announcement

DATE/TIME: Thursday -- August 10, 2017-- 6:00 PM to 9:00 PM
LOCATION: Elks Lodge Sunnyvale: 375 North Pastoria Avenue, Sunnyvale, CA
Directions & Map:

Don’t forget ... Hot dogs and Sandwiches!! Avail 6:00pm to 7:30pm
(Profits from these sales benefit BPOE charity projects. -- about $3.50 to $4.50 ea.)


A Teenager's Perspective on Trading Options -- Anish & Akul Shourie -- Motivated Teenagers

Hear how two teenage brothers and SVOG associates have learned to generate consistent returns from their trading. They developed their interest in trading through daily Investopedia reading and watching the Nightly Business Report with their father. They have been trading options for the past three years.

Evolution of a Butterfly Trader -- John Chernicky -- Private Trader

John discuss his evolution as a butterfly trader and present how he is currently trading them. John has been trading different butterfly structures for a few years now. In the spring of 2016 he started trading exclusively his version of a BWB trade that is called the "Road Trip Trade". That has worked out well for him (good returns and high win rate). However, since that initial start, he has evolved the way he trades BWBs. In recent months, in an attempt to simplify his trading, he has moved to a more systematic way of trading BWBs using concepts of a recently introduced BWB trading system called Netzero.  


About Our Speakers: 

Anish and Akul Shourie

Anish graduated from Mission San Jose High School and will be attending the University of Chicago in the fall to study economics and computer science. Anish's favorite strategies are calendars, diagonals, covered calls, and iron condors.

Akul is in the 10th grade at Mission San Jose High School. Akul's favorite options strategies include iron condors, iron butterflies, strangles, plus a few others.


John Chernicky

John has been trading options since 2001 and has been doing so full time since 2004. He has been actively involved in the local options groups since those early days and currently runs the San Francisco Bay Area Options Group (SFBAOG) which meets monthly at Ft. Mason overlooking the Bay in San Francisco. 


SVOG Agenda:

  • 6:00 PM to 6:15 PM Introductions and Set-up: This is a good time to connect with other fellow options traders and exchange ideas informally.
  • 6:15 PM to 6:30 PM SVOG Intro and Announcements – SVOG
  • 6:30 PM to 7:30 PM A Teenager's Perspective on Trading Options -- Anish & Akul Shourie
  • 7:30 PM to 7:45 PM Break
  • 7:45 PM to 8:45 PM Evolution of a Butterfly Trader -- John Chernicky
  • 8:45 PM to 9:00 PM Meeting Close

SVOG requests a voluntary contribution of $10.00 to defray operational costs

Reminder Future Meetings 2nd Thursday of the Month:

  • September 14, 2017 - "Golden Keys" Follow-up and Group Discussions
  • October 12, 2017 - Trading with Machine Learning, Mike Barna
  • November 9, 2017 - Presentation by CBOE, Speaker and Topic TBD
  • December 14, 2017 -  "Golden Keys" Follow-up and Breakouts
    This meeting will also be our Annual Holiday Meeting with special treats prepared by the Elks' Wives.

We are beginning to work on the 2018 Meeting line-up ... Please let us know what you want

Notice to Attendees: SVOG DOES NOT provide trading advice nor does it recommend specific products. Information shared is educational and the opinion of the presenter(s). The suitability or application of information provided or discussed is the sole responsibility of the attendee.