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) members -
Wow! That was an action packed live trade brief this afternoon.
I opened/closed an Urgent Alert bearish double vertical on VXX as the market rallied today - as we predicted last week - on digesting the events from last Thursday.
I also opened a new AMZN bull put spread on AMZN that was up $670 at the closing bell. Nice profits on the AMZN and VXX trades...in ONE day...and obviously the longs in our other portfolios had a great day as well. I said the recent dip would also be a BTFD moment???and I was right.
Here's the AMZN bull put spread.
Trade Metrics:
Whiz
