Quantcast
You Missed This Trade, Don’t Miss Another One…

You Missed This Trade, Don’t Miss Another One…

Posted On September 29, 2021 2:28 pm
By:

Amid the carnage yesterday, my Options360 subscribers closed out a trade that paid them a whopping 68.97% return….

On one trade!

Here was the alert I sent:

1. MCD current position is a bull diagonal of long 1 contract Oct (10/15) 240 Call and short 1 contract Oct (10/01) 245 Call at a $2.30 cost basis

Stock is holding up nicely. But it is already through our upper strike. Let’s book solid profit.

ACTION:

-Buy to close 1 contract Oct (10/01) 245 Call

-Sell to Close 1 contract Oct (10/15) 240 Call

For a Net Credit of $5.25 (+/-0.15)

mcd order ticket september 29 2021

Solid profit is right!

And now with the sell-off yesterday, I am tracking some very promising trades for later this week or early next week. 

Don’t miss out on them!

Click here and grab your first month of Options360 for just $19.

To Your Success,

Steve

PS.  This volatility could mean some big profits in the short to mid-term time frame.  But you need to be ready when the opportunity arises.  

Click here and make sure you’re ready to grab your share of the profits.

 

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.