A Well Deserved Mai Tai…
By: Steve Smith
It was a wild week on Wall Street last week.
It’s the kind of week that can get you crushed if you have any naked positions.
That’s why we only take positions with a well-defined and limited downside in Options360.
Some of our trades are feeling a little pressure, so we are reducing our cost basis and managing them.
I’m still enthusiastic about those trades because remember – the Fed is still very accommodative, and the government is approving more stimulus. That doesn’t guarantee a rising market, but it doesn’t hurt!
On the bright side, we closed 2 trades this week for substantial gains:
- 56% ROI in MS, and
- 47% ROI in IWM
Even better, our Options360 model portfolio is up a whopping 12.2% for the year.
I knew this year was going to be great.
I hope you are having a wonderful Saturday. I am headed to the tiki bar for a well-deserved Mai Tai and a few hours of R&R with my nose deep inside a detective novel.
And on Monday I will be back, rested and rejuvenated, to help my Options360 subscribers have a banner year.
You can join us for just $19!
To Your Success,
Steve
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