By: Steve Smith
For our Options360 portfolio, on Monday, I opened a trade in TDOC.
The next day we closed the trade for a 52% ROR. That’s not a typo, the ROI was infinite – because we collected premium when we opened the trade.
So it cost us nothing to get into it. The ROR is Return on Risk. That means that we made a 52% return against the maximum loss we could have suffered.
Because we try to keep the trades accessible to everyone, I only put on 2 contracts and the cash return was just $140.
However, you could have easily put on 10 contracts or 20 contracts and made your overnight cash return $700 or even $1400.
Not bad for 5 minutes at your computer or on your smartphone.
I give you that background because this morning I just opened a new trade in TDOC.
Here’s the alert I sent:
TDOC is still holding the post-earnings reversal. The range is getting tight and could be poised for a pop. Let’s establish a short-term bullish diagonal.
I can’t give you the trade in a public forum like this, however, you can get this trade and all of my trades if you grab your $19 trial membership to Options360.
The market is moving and after a couple of months of “sit and wait”…
We are finally getting some first-rate opportunities.
Right now is the best time to join!
To Your Success,