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 - (USO) ? Stop Loss
Sell the United States Oil Fund September, 2013 $39-$42 put spread at 2.29 or best
Closing Trade
9-9-2013
expiration date: 9-20-2013
Portfolio weighting: 10%
Number of Contracts = 38 contracts.
Full explanation to follow.
?
Sell 38 September, 2013 (USO) $42 puts at??$2.91
Buy to cover short 38 September, 2013 (USO) $39 puts at.?.$0.62
Net Cost:????????????....??..??......$2.29
Loss: $2.60 - $2.29 = .31
(-$0.31 X 100 X 38) = -$1,178 ? 1.18% for the notional $100,000 model portfolio.
