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 -
Very good session this morning where I knocked out in depth long call diagonal with protective put training. It starts at the 1:17 point in the replay. Please watch if you???re new to this tactic.
Here???s an overall look at the new AAPL & XOM trades along with adjustments to existing positions:
New XOM bear call spread (legging into an iron condor, not overall reduced risk of the iron condor vs. the solo bear call spread):
Trade metrics:
Resulting iron condor:
New AAPL LCD w/PP:
Trade metrics:
Whiz