Trade Alert (SPY) - October 7, 2016

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.

Legal Disclaimer

There is a very high degree of risk involved in trading. Past results are not indicative of future returns. MadHedgeFundTrader.com and all individuals affiliated with this site assume no responsibilities for your trading and investment results. The indicators, strategies, columns, articles and all other features are for educational purposes only and should not be construed as investment advice. Information for futures trading observations are obtained from sources believed to be reliable, but we do not warrant its completeness or accuracy, or warrant any results from the use of the information. Your use of the trading observations is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness of the information. You must assess the risk of any trade with your broker and make your own independent decisions regarding any securities mentioned herein. Affiliates of MadHedgeFundTrader.com may have a position or effect transactions in the securities described herein (or options thereon) and/or otherwise employ trading strategies that may be consistent or inconsistent with the provided strategies.