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 –
We covered a lot of ground today, I sent out a text alert on a new VXX short term tredge to the WO/PLTB members. This is a short term tactical trade and if we see a quick/violent spike in vol there’s a lot out there that could cause this (tax reform leaks, Muller, Trump in Asia, earnings, etc) we need to close/take profits, roll inverted and get bearish.
Here’s the trade: