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.
MOT (PLTB) members –
ACTION packed session this afternoon so PLEASE watch the replay if you missed anything or couldn’t attend. Replay is at the bottom of this page.
We looked to close the VXX bull put spread from yesterday’s Weekly Options brief for a 57%/$2600 gain in ONE DAY, along with the VXX bull put spread from a week and a half ago in the Analyze Your Trade & Debrief session for a $3200/87% gain.?
Please watch the replay if you’re concerned about RTN. I covered my mindset on Jan20 positions, a potential front month spread, along with selling short calls:
Front month short call metrics:
New CSX bull front month short calls (I would look to add a new Jan20 position here if not already in one, or add to an existing Jan20 position):