MOT Alert - (FB & SPX) August 1, 2016

While the Global Trading Dispatch focuses on investment over a one week to six-month time frame, Mad Options Trader, provided by Matt Buckley, will focus primarily on the weekly US equity options expirations, with the goal of making profits at all times.

Fellow Traders ?

Welcome aboard to our new Mad Options traders! We had a GREAT inaugural session where we covered our methodology and then knocked out a strategic and operational brief for the week.

We also debriefed the $1800 SPX winning weekly trade from last week.

The replay of the session will be posted shortly on the member page.

I am looking to add 2 new bull put spreads to my model portfolio, on FB and SPX.

New bull put spread on FB (filled on this trade):

Trade metrics:

New SPX bull put spread (not filled):

Trade metrics:

Remember that we have our Primary Live Trade Brief (PLTB) tomorrow morning at 9 AM eastern.

In this brief we will cover longer term trades in addition to front month hedges and select front month trades.

I?ll see you tomorrow morning!

Fight?s on,

Whiz

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