When a potentially profitable opportunity presents itself, John will send you an alert with specific trade information as to what security to buy, when to buy it, and at what price. This is your chance to ?look over? John Thomas? shoulder as he gives you unparalleled insight on major world financial trends BEFORE they happen.
Trade Alert - (GLD)- BUY
Buy the SPDR Gold Shares ETF (GLD) May, 2017 $114-$117 in-the-money vertical BULL CALL spread at $2.62 or best
Expiration Date: May 19, 2017
Portfolio Weighting: 10%
Number of Contracts = 38 contracts
Don?t pay more than $2.70 for this position.
It is a bet that the SPDR Gold Shares ETF (GLD) won?t move below $117 over the next 12 trading days.
If you can?t do options, buy the GLD outright. It is going higher as portfolio managers rush to protect their portfolios.
Yes, it appears the worm is turning.
The reasons are very simple.
When the market believes that the new administration policies will have a positive impact on the economy, such as with tax cuts and deregulation, investors buy stocks and the dollar, and sell bonds, interest rate plays, and the currencies.
Add a six-month to one-year delay to these policies, and we are back in a ?RISK OFF? world.
The good news will come from Congress. But tax reform will take sixx to nine months, and deregulation even longer.
This may give us a year in which the performance is to be found more in the second half than the first. And Congress doesn?t work on weekends.
To see how to enter this trade in your online platform, please look at the order ticket below, which I pulled off of OptionsHouse.
If you are uncertain about how to execute this options spread, please watch my training video ?How to Execute a Vertical Bull Call Spread? .
The best execution can be had by placing your bid for the entire spread in the middle market and waiting for the market to come to you. The difference between the bid and the offer on these deep in-the-money spread trades can be enormous.
Don?t execute the legs individually or you will end up losing much of your profit. Spread pricing can be very volatile with only 12 days until expiration.
Please keep in mind these are ballpark prices at best. After the text alerts go out, prices can be all over the map. There is no telling how much the market will have moved by the time you get this email.
Paid subscribers, be sure you've signed up for our FREE text service for Trade Alerts. When seconds count, this feature offers a definite trading advantage.? In today's volatile markets, individual investors need every advantage they can get.
Here Are the Specific Trades You Need to Execute This Position:
Buy 38 May, 2017 GLD $114 calls at????.???$5.00
Sell short 38 May, 2017 GLD $117 calls at..????.$2.38
Potential Profit: $3.00 - $2.62 = $0.38
(38 X 100 X $0.38) = $1,444 or 14.50% in 12 trading days.