• support@madhedgefundtrader.com
  • Member Login
Mad Hedge Fund Trader
  • Home
  • About
  • Store
  • Luncheons
  • Testimonials
  • Contact Us
  • Click to open the search input field Click to open the search input field Search
  • Menu Menu

Trade Alert - (SPY) January 2, 2013

Trade Alert

As a potentially profitable opportunity presents itself, John will send you an alert with specific trade information as to what should be bought, when to buy it, and at what price.

Trade Alert - (SPY)

Buy the SPDR S&P 500 (SPY) February, 2013 $135-$140 call spread at $4.31 or best

Opening Trade

1-2-2013

expiration date: 2-15-2013

Portfolio weighting: 30%

Number of Contracts = ($30,000/100/$4.31) = 70 contracts

Time to cash in on the fiscal cliff resolution with little risk. A ton of new money is about to hit the market. China is turning around. Tax loss selling has turned into tax loss rebuying. The US economy is undergoing a growth spurt which the data releases have yet to reflect. Everyone is underinvested, the market is rocketing, and volatility is crashing. The ?RISK ON? move is evident across all asset classes.

This position bets that the (SPY) 200 day moving average at 1,390 holds for 6 weeks. The next crisis deadline for the debt ceiling is not until March 1.

From John Thomas,
freezing in Chicago

Buy 70 February, 2013 (SPY) $135 calls at?????$10.66
Sell Short 70 February, 2013 (SPY) $140 calls at ??.$6.35
Net Cost:????????????.???...??....$4.31

Maximum potential profit at expiration:
$5.00 - $4.31 = $0.69

($0.69 X 100 X 70) = $4,830 ? 4.83% for the notional $100,000 model portfolio.

Share this entry
  • Share on Facebook
  • Share on X
  • Share on WhatsApp
  • Share on Pinterest
  • Share on LinkedIn
  • Share by Mail
0 0 Mad Hedge Fund Trader https://madhedgefundtrader.com/wp-content/uploads/2019/05/cropped-mad-hedge-logo-transparent-192x192_f9578834168ba24df3eb53916a12c882.png Mad Hedge Fund Trader2013-01-02 13:50:052013-01-02 13:50:05Trade Alert - (SPY) January 2, 2013

tastytrade, Inc. (“tastytrade”) has entered into a Marketing Agreement with Mad Hedge Fund Trader (“Marketing Agent”) whereby tastytrade pays compensation to Marketing Agent to recommend tastytrade’s brokerage services. The existence of this Marketing Agreement should not be deemed as an endorsement or recommendation of Marketing Agent by tastytrade and/or any of its affiliated companies. Neither tastytrade nor any of its affiliated companies is responsible for the privacy practices of Marketing Agent or this website. tastytrade does not warrant the accuracy or content of the products or services offered by Marketing Agent or this website. Marketing Agent is independent and is not an affiliate of tastytrade. 

Legal Disclaimer

There is a very high degree of risk involved in trading. Past results are not indicative of future returns. MadHedgeFundTrader.com and all individuals affiliated with this site assume no responsibilities for your trading and investment results. The indicators, strategies, columns, articles and all other features are for educational purposes only and should not be construed as investment advice. Information for futures trading observations are obtained from sources believed to be reliable, but we do not warrant its completeness or accuracy, or warrant any results from the use of the information. Your use of the trading observations is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness of the information. You must assess the risk of any trade with your broker and make your own independent decisions regarding any securities mentioned herein. Affiliates of MadHedgeFundTrader.com may have a position or effect transactions in the securities described herein (or options thereon) and/or otherwise employ trading strategies that may be consistent or inconsistent with the provided strategies.

Copyright © 2025. Mad Hedge Fund Trader. All Rights Reserved. support@madhedgefundtrader.com
  • Privacy Policy
  • Disclaimer
  • FAQ
Link to: Trade Alert - (FCX) January 2, 2013 Link to: Trade Alert - (FCX) January 2, 2013 Trade Alert - (FCX) January 2, 2013 Link to: January 3, 2013 ? Quote of the Day Link to: January 3, 2013 ? Quote of the Day January 3, 2013 ? Quote of the Day
Scroll to top