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 (PLTB) members -
Good session this morning, my apologies for being in the wrong room/late. My bad --- free drinks on me in Lake Tahoe the 1st week in November (more to come on our next live event). We were joined by a potential new group of OWS members. Covered 2 weekly options trades along with a new GS LCD w/PP.
Admin items:
1. Get autographed copy of my book here
2. OWS session 6 tonight at 7 PM - Double Verticals - you do NOT want to miss. If you don't have access to OWS training you can get it here.
3. I am having to trade 1 contract positions until Etrade brings back paper trading. Here's a link to the existing PLTB trades that I am either going to have to try and re-create or start from scratch. Follow this link to see the PLTB positions.
New AAPL bull put spread (filled at .19, legged into iron condor):
Trade metrics:
Resulting iron condor (notice reduced overall risk vice a single spread):
SPX bull put spread (filled at 1.00, legged into iron condor):
Trade metrics:
Resulting iron condor:
Whiz