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
Buy the S&P 500 SPDR?s (SPY) November, 2016 $203-$208 in-the-money vertical bull call spread at $4.26 or best
Opening Trade
10-7-2016
Expiration Date: November 18, 2016
Portfolio Weighting: 10%
Number of Contracts = 24 contracts
You can pay all the way up to $4.40 for this spread and it still makes sense.
If you can?t do the options, buy the S&P 500 (SPY) outright.
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 about how to execute an options spread, please watch my training video How to Execute a Vertical Bull Call Debit Spread ?
Please keep in mind these are ballpark prices at best. After the text alerts go out, prices can be all over the map. There is no telling how much the market will have moved by the time you get this email.
Paid subscribers, be sure you've signed up for our FREE text alert service. When seconds count, this feature offers a trading advantage.? In today's volatile markets, individual investors need every advantage they can get.
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.
Here Are the Specific Trades You Need to Execute This Position:
Buy 24 November, 2016 (SPY) $203 calls at????.?.??$13.50
Sell short 24 November, 2016 (SPY) $208 calls at.???.?..$9.24
Net Cost:???????????????????......$4.26
Potential Profit: $5.00 - $4.26 = $0.74
(24 X 100 X $0.74) = $1,776 or 17.37% profit in 30 trading days.
