By: Steve Smith
This morning I sent an alert to Options360 members to enter a new trade.
I’m excited about this one, and I wanted to make sure you get in to get on this trade and many, many more like it.
Here’s some of the alert I sent out to the community of options traders:
AMD had a pullback, but is now consolidating above the 20-day moving average.
Let’s establish a short-term position on expectations the price can pop back to the recent highs around $103.
Short and sweet.
I can’t give you the actual trade, complete with entries and exits as well as the reasoning behind it, that would be unfair to my subscribers…
However, you can get it for just $19…
The key to long-term, consistent trading is first surrounding yourself with education and like-minded individuals to learn from.
That is my mission with Options360.
I want to empower people, just like you reading this, to become your own boss through the process of options trading.
So when you’re ready to learn, we would love to have you join us.
If you miss our next winner, don’t worry, there will be many more.
But for now, I’m focused on this trade, so make sure you grab a trial subscription and get in on all the action and education.
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.
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