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 -
AWESOME session this afternoon where we covered closing the RTN iron condor and short calls for a total notional profit of $4570 in 3 weeks on limited risk of $10,000.
A lot going on globally & domestically on so please make sure you watch the replay at the bottom of the page. Today we see ANOTHER ‘market up/VIX up/something is up’ move which means it’s time to hedge while insurance us cheap. Or more to the point, it’s time to “Tredge”.
Here’s the new bull put spread on VXX, what we call a ‘Tredge’ (make sure you watch the replay below to find out what this tactic is):
Trade Metrics:
Whiz
