MOT Follow-Up to Text Alerts (XOM)(SPX) Trade April 17, 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 session today - covered closing the AMZN weekly trade placed yesterday for a $2415/87% gain in ONE day. Good to get back on the AMZN winning train.

Covered the current 'blue collar rally' and why this is to be believed (HINT - check out the VIX) as we climb through the 50 DMA. Make sure you watch the replay at the bottom if you missed anything or couldn't attend. In depth discussion on vol and this market movement compared to last weeks.

Also talked about pounding TSLA into the dirt...a lot of problems with this stock - as we predicted.

Bailed of XOM bear call spread that was part of an iron condor, XOM drifting up with overall market & oil - please watch my discussion about a 'boiled frog' spread versus a gap move -

Trade Metrics:

New SPX bull put spread:

Trade metrics:

Whiz

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