By: Steve Smith
Just a quick email today.
Earnings is in full swing, and even though we don’t use my proprietary earnings formulas – that I thought you last week – in Options360…
We can still take advantage of the volatility.
And that’s exactly what we did in this trade in Visa…
I found a setup I liked, so I sent this alert at around 10:30 am yesterday.
Visa (V) has been holding above the $220 level. I think it can rally back above $225 ahead of earnings which are slated for April 27th.
Let’s use a short-term ratio spread in which we buy 2 contracts and sell. I can’t show you the actual order. First people pay for that and second, it’s outdated so it’s not responsible to send it to you.
By this morning the position was up 80%, so we exited for a very nice overnight winner.
This is just the beginning of my favorite time to trade. If you have not already grabbed your trial subscription to Options360, right now is the perfect time!
I feel like there are some amazing trades coming over the next 6 weeks!
So click here and grab your trial membership right now, before you miss out on another fantastic trade!
To Your Success,