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 -
Non standard session today due to the election, had a good discussion on volatility and VXX trades. Cleared up confusion around long/short VXX double verticals and also took a new trade on VXX that expires on the 18th. Also placed a bear call spread on EWW that expires on the 18th as well.
Didn't add any weekly trades for the week.
New bear call spread on EWW (not filled):
Trade metrics:
Bearish double vertical on VXX (this is the trade I would do TODAY, I am NOT placing this trade):
Trade metrics:
Whiz
