MOT Follow-Up to Text Alerts (RUT) Trade May 15, 2018

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, please make sure you watch the replay if you couldn't attend or missed something. I repeated myself a lot today so please make sure you how up on time, minimize distractions, and pay attention to the brief.

As predicted the market would stall today on weak China & US macro data, I think the weakness will continue as we head back down to test the 50 DMA. Therefore I looked at a bear call spread on RUT:

Trade Metrics:

We also covered selling front month upside calls against our Jan20 long positions.

CSX:

Trade metrics:

RTN:

Trade metrics:

Whiz

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