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?members -
Good session this morning, kicking off with a debrief of last week's VXX and SPX trades along with a review of "adjust" and "eject" levels and what they mean to me. Make sure you watch the October 4, 2016 replay if you missed this session.
Also if you're not in the VXX bullish double vertical make sure you watch the previous session to see and in depth brief on double verticals and this specific position.
Here's an overall look at adjustments to existing positions and a new long call diagonal with a protective put on FXI:
New FXI long call diagonal with a protective put:
Trade metrics (disregard max profit, it's approximately $310):
Whiz
