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 - (TLT)- TAKE PROFITS
SELL the iShares 20+ Year Treasury Bond (TLT) November, 2016 $137-$140 in-the-money vertical bear put spread at $2.95 or best
Closing Trade
10-27-2016
Expiration Date: November 18, 2016
Portfolio Weighting: 10%
Number of Contracts = 37 contracts
I?m using the big two point dump in the bond market this morning to take profits in the iShares? 20+ Year Treasury Bond (TLT) November, 2016 $137-$140 in-the-money vertical bear put spread.
An 11.32% profit in only six trading days is good enough for me.
By coming out here, we realized 85.71% of the maximum profit potential, and get to duck the risk of holding the position for 16 more trading days, through the presidential election.
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 Bear Put Spread.
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 expirations farther out.
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.
Here Are the Specific Trades You Need to Execute This Position:
SELL 37 November, 2016 (TLT) $140 puts at??.???$10.00
Buy to cover short 37 November, 2016 (TLT) $137 puts at...$7.05
Net Proceeds:????????????????..??.?.....$2.95
Profit: $2.95 - $2.65 = $0.30
(37 X 100 X $0.30) = $1,110 or 11.32% in 6 trading days.?
