MOT Follow-Up to Text Alerts (XOM) Trade April 3, 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 -

Good brief today, we covered a lot of topics so please make sure you watch the replay if you missed anything or couldn?t attend. I covered exiting AMZN front and back month trades along with pounding ALL the FAANGs & TSLA into the dirt. The market is starting to realize we have Q1 earnings coming and they?re going to be good. I think we head back up to the 50 DMA over the next week or so.

Covered the 3 EWEZ trades (closed the existing 45/45.5 bull put spread ? holding iron condor from last week) and looked to leg into an iron condor on XOM.

XOM bear call spread:

Trade Metrics:

XOM bull put spread:

Trade metrics:

Whiz

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