By: Steve Smith
Yesterday, I talked about my daughter coming down for a surprise visit, and how excited I am that she’s here…
However, that won’t stop me from watching the markets for my Options360 students.
For instance, yesterday we closed out a trade in META for a solid 40% gain in just 2 days! The best part was this trade was put on purely with the profits of another trade, so there was none of our own money at risk. That made our risk vs. reward all the better as it was basically a risk-free trade.
This morning, we also cashed in on a 92.6% winner for my students by closing a SPY trade we had taken together.
That one only took 8 days, I think you’ll agree that 92%+ is worth the wait!
Also on Wednesday, we opened a different spread in SPY… (we had two SPY trades open until we closed the older one this morning)
As I wrote in that alert…
“Call me crazy, but I want to get a bit longer here.”
The market was crashing, and yet, we saw opportunity.
The fruits of that labor are proving us correct!
It’s a bit late for you to get into the trades from yesterday, however, you can still get in on the next money making trade, which after the bullish CPI print released earlier this morning, probably won’t be that far away. Make sure you don’t miss out!
All you need to do is grab your one-month, $19 trial membership right now, and you’ll be set on your path of world-class options trading education…
If you’ve been reading these newsletters, but still find yourself hesitating to pull the proverbial trigger, I have but one question… What on earth are you waiting for? When opportunity knock, answer the dang door!
I very much look forward to trading with you…
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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