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 the SPDR S&P 500 (SPY) December, 2012 $137 Puts at $3.20 or best
expiration date: 12-21-2012
Portfolio weighting: 3.2%
Number of Contracts = 10 contracts
Buy 10 December, 2012 (SPY) $137 Puts at……………$3.20
Total cost: $3,200
Neutralize your downside exposure to the (SPY) $131-$136 bull call spread with this hedge. On a net delta basis this should protect you from further risk for the next five points down.