Trade Alert – (SPY) October 9, 2013

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. 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 – (SPY) ? STOP LOSS

SELL the SPDR S&P 500 (SPY) October, 2013 $158-$163 call spread at $4.00 or best

Closing Trade-NOT FOR NEW SUBSCRIBERS

10-9-2013

expiration date: October 18, 2013

Portfolio weighting: 10%

Number of Contracts = 28 contracts

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.
Keep in mind that these are ballpark prices only. Spread pricing can be very volatile on expiration months farther out.

Here are the specific trades you need to execute this position:

Sell 22 October, 2013 (SPY) $158 calls at???????$7.23

Buy to cover short 22 October, 2013 (SPY) $163 calls at…$3.23
Net Proceeds:?????????????????…….$4.00

Loss: $4.62 – $4.00 = $0.62

(22 X 100 X $0.62) = ?-$1,364 or -1.36% for the notional $100,000 portfolio.

SPY 10-9-13