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 -
Appreciate dealing with my lost voice from being a hockey Dad, still had a good session. Held off on a new WO trade for the short, low volume week where terrorism ahead of NYE/NYD is on my mind, or a big move on little news. VIX was also above 12 during the sessions, as the market was up, so something is up.
A lot of you made max profit on the AAPL bull put spread last week so we can sit on our hands and watch and/or enjoy family this week.
Here's a look at the new XLE spread and adjustment to existing positions (I am holding on to some short calls in a couple positions that are close to ATM or ITM, will keep an eye on them all week or roll):
XLE bull put spread:
Trade metrics:
Whiz
