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 - (SPY)- BUY PUTS
Buy the S&P 500 SPDR?s (SPY) April, 2016 $182 Puts outright at $6.09 or best
Opening Trade
1-21-2016
expiration date: April 15, 2016
Portfolio weighting: 5%
Number of Contracts = 8 contracts
A $7 handle rally in the (SPY), $70 in the (SPX), and $550 Dow Average points is good enough for me. I am going to bump up my short position through buying the long dated the S&P 500 SPDR?s (SPY) April, 2016 $182 Puts outright.
You can pay all the way up to $6.50 for this put option contract and it still makes sense. If you can?t do options stand aside.
To see how to enter this trade in your online platform, please look at the order ticket below, which I pulled off of optionshouse.
If you are uncertain on how to execute an options trade, please watch my training video on ?How to Execute a Bull Call Spread? by clicking here at https://www.madhedgefundtrader.com/ltt-executetradealerts/. You must me logged into your account to view the video.
Here is the specific trade you need to execute this position:
Buy 8 April, 2016 (SPY) $182 puts at????.?.??$6.09
cost: (8 contracts X $6.09 X 100) = $4,872
