1.85 For Every Buck You Put in…

1.85 For Every Buck You Put in…

Posted On March 24, 2022 2:34 pm

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,



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.