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80% Overnight Winner…

80% Overnight Winner…

Posted On April 15, 2021 1:36 pm
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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. 

visa stock chart

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  First people pay for that and second, it’s outdated so it’s not responsible to send it to you.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,

Steve

About author

Steve Smith

Steve Smith have been involved in all facets of the investment industry in a variety of roles ranging from speculator, educator, manager and advisor. This has taken him from the trading floors of Chicago to hedge funds on Wall Street to the world online. From 1987 to 1996, he served as a market maker at the Chicago Board of Options Exchange (CBOE) and Chicago Board of Trade (CBOT). From 1997 to 2007, he was a Senior Columnist and Managing Editor for TheStreet.com, handling their Option Alert and Short Report newsletters. The Option Alert was awarded the MIN “best business newsletter” in 2006. From 2009 to 2013, Smith was a Senior Columnist and Managing Editor for Minyanville’s OptionSmith newsletter, as well as a Risk Manager Consultant for New Vernon Capital LLC. Smith acted as an advisor to build models and option strategies to reduce portfolio exposure and enhance returns for the four main funds. Since 2015, he has worked for Adam Mesh Trading Group. There, he has managed Options360 and Earning 360, been co-leader of Option Academy, and contributed to The Option Specialist website.