As a potentially profitable opportunity presents itself, John will send you an alert with specific trade information as to what should be bought, when to buy it, and at what price. This is your chance to ?look over? John Thomas? shoulder as he gives you unparalleled insight on major world financial trends BEFORE they happen.
Trade Alert - (GOOG) ? STOP LOSS
Sell the Google (GOOG) May, 2015 $520-$540 deep in-the-money vertical call spread at $14.05 or best
Closing Trade-NOT FOR NEW SUBSCRIBERS
4-30-2015
expiration date: May 15, 2015
Portfolio weighting: 10%
Number of Contracts = 6 contracts
The best execution can be had by placing your bid for the entire spread in the middle market and waiting for the market to come to you. The difference between the bid and the offer on these deep in-the-money spread trades can be enormous.
Don?t execute the legs individually or you will end up losing much of your profit. Spread pricing can be very volatile on expiration months farther out.
If the price of this spread has moved more than 5% by the time you receive this Trade Alert, don?t chase it. Wait for the next one. There are plenty of fish in the sea.
Here are the specific trades you need to execute this position:
SELL 6 X May, 2015 (GOOG) $520 calls at?????$24.30
Buy to cover short 6 X May, 2015 (GOOG) $540 calls at...$10.25
Net Cost:??????????????????.....$14.05
Loss: $17.80 - $14.20 = -$3.75
(6 X 100 X -$3.75) = -$2,250 or -2.25% profit for the notional $100,000 portfolio.
