
1.85 For Every Buck You Put in…
By: Steve Smith
Yesterday, we discussed how Gamma squeezes can (and are) affecting stock valuations.
It was a heavy article, and I suggest you go back and read it two or three more times, with a reference book in hand if needed.
It’s that important to your trading success.
That said, I want to keep things a bit easier today – so I am going to show you a trade I closed yesterday in LAC.
We opened the trade on March 11th when we bought 3 call contracts and sold 3 call contracts. (Different expiration, same strike price):
Date | Buy/Sell | Type | Underlying | QTY | Exp Date | Strike | Price | Action Group |
Mar-11-22 | Buy | Call | LAC | 3 | Apr-14-22 | 30 | $4.00 | Open Trade |
Mar-11-22 | Sell | Call | LAC | -3 | Mar-18-22 | 30 | $2.65 | Open Trade |
On March 18th, we collected some premium on the trade:
Mar-18-22 | Buy | Call | LAC | 3 | Mar-18-22 | 30 | $0.00 | Close Trade |
Mar-18-22 | Sell | Call | LAC | -1 | Apr-14-22 | 30 | $1.50 | Close Trade |
And on March 22nd we closed the trade:
Mar-22-22 | Sell | Call | LAC | -1 | Apr-14-22 | 30 | $3.20 | Close Trade |
Mar-23-22 | Sell | Call | LAC | -1 | Apr-14-22 | 30 | $4.10 | Close Trade |
Subscribers to Options360 were able to collect an impressive 85% ROI in just 11 days.
Here’s the best part, my subscribers didn’t need to do any research, didn’t need to babysit the trade, they didn’t need to look at charts or technicals…
All they needed to do was make the trade I recommended from their computer or smartphone (less than 5 minutes) when they got the email or text alert.
I did all the “grunt work” for them.
That’s the beauty of being a member of my concierge trading service, Options360.
Have you taken the time to accept my invitation for a $19 trial subscription yet?
If not, why not?
Just click here, and let’s get you on the right track – right now!
To Your Success,
Steve