While the Global Trading Dispatch focuses on investment over a one week to six-month time frame, Mad Options Trader, provided by Matt Buckley, will focus primarily on the weekly US equity options expirations, with the goal of making profits at all times.
MOT (WO/pltb) members -
If you attended the PLTB this morning you saw TGO make HISTORY!
For the 1st time in 7 years, TGO members MOVED the market in a stock (ETF) during a live trading session. You can see on the chart where I bought Oct13 puts and legged into a bear put spread by selling lower strike puts 11 min later:
Went from 0 open interest to OVER 1200:
Please make sure you watch the replay if you couldn't attend or watch again if you missed anything.
I covered my new grand strategy for the first 30 min about hedging, taking 50% profits in winners, holding "good losers", cutting bad losers, and holding disaster puts. Then we did a deep dive into FXI, covered MS and GS, and legging into EWZ iron condor.
FXI long puts:
Trade Metrics
FXI short puts (legging into bear put spread):
Trade metrics:
New EWZ bull put spread (a good stand alone trade if not filled on bear call spread from last week):
Trade metrics:
Whiz
