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Back in TDOC Again This Week?

Back in TDOC Again This Week?

Posted On August 5, 2021 2:55 pm
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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.

TDOC stock chart 2021

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,

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.