900% PROFIT OPPORTUNITY FRIDAY MAY 4, 2018 TRADING SPY WEEKLY OPTIONS STRADDLE STRANGLE PLAYS 900% PROFIT IN ONE DAY. 9 TIMES YOUR INVESTMENT PROFITS PLAYING A STRADDLE Not sure the direction the market will go at the start of the day? Want to take advantage of the leveraged profit opportunities in weekly options? Don't want to get caught on the wrong side of the market? Why not play a strangle / straddle? SPY weekly options are ideal for playing strangles/straddles because of the tight bid ask prices and high volume. With Monday, Wednesday, and Friday weekly option Expiration dates you don't have to pay for time premium you don't need. Trade this stategy everyday for triple digit profits on a regular basis. Focus on just one symbol. SPY
STRADDLES / STRANGLES - Buy equal dollar amounts for each position in the straddle - Maximize profit on the winning option and limit losses on the losing option.
Straddles put you in position to catch major moves in either direct. Make money going up or down.
Every day there is potential for triple digit profits with SPY STRADDLE PLAYS.
Here are a couple of straddle trades that had spectacular results
MONDAY 02 EXPIRATION SPY STRADDLE #1a. SPY 040218 263 CALL OPEN $.83 HIGH $1.05 UP 25% #1b. SPY 040218 262 PUT OPEN $.71 HIGH $7.25 UP 920%
MAY 4, 2018 STRADDLE PLAYS
MAY 4, 2018 STRADDLE PLAYS #1a. SPY 050418 262.50 CALL OPEN $.43 HIGH $4.17 MAX PROFIT 870% #1b. SPY 050418 261.50 PUT OPEN $.79 HIGH $1.02 MAX PROFIT 30%
How do i sign up for your emails / subscribe to your service?
GIFTEC
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@willowparkmedical, TV doesn't allow promoting newsletters, websites, or posting links. This was an older post but you can go to my twitter account link in my tv profile and there are links there. Also you can look at more recent posts and look at the tags under the chart and the name of my newsletter and website is in the tags.
willowparkmedical
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hi
orkayen
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Very good strategy. Do you still follow this strategy? When do you decide to go for straddle or strangle? Do you keep a SL? Is this strategy related to VIX movement? Like VIX above 18? How many days out you play? it appears (based on premium), that these are played on the day of expiration. Is it typical? Please provide feedback?
GIFTEC
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@orkayen, I have a newsletter which just follows day trades for SPY options. We recently modified our strategy to follow one option at a time with multiple trades throughout the day. We still do list 2 trades in our email newsletter that we send out 1/2 hour before the open that can be used in a strangle strategy but our new methodology is stand alone but could be used in combination with a strangle strategy if that is what the subscriber wants to do. Their decision
VIX doesn't seem to have much affect other that it makes the options more expensive but that is offset with greater volatility.
Nearest expiration. Same day or next day options followed. Trades are done and completed usually in a couple of hours of less.
These were Fridays trades.
SPY 092719 300.00 CALL OPEN $.02 HIGH $.04 UP %
SPY 092719 295.00 PUT OPEN $.11 HIGH $.25 UP 125%
SPY 092519 298.00 CALL ENTRY $.13 HIGH $.26 UP 100%
SPY 092519 296.00 PUT ENTRY $.08 HIGH $1.06 UP 1225%
SPY 092519 298.00 CALL ENTRY $.09 HIGH $.16 UP 75%
SPY 092519 295.00 PUT ENTRY $.26 HIGH $.36 UP 50%
SPY 092519 294.00 PUT ENTRY $.16 HIGH $.72 UP 350%
SPY 092519 295.00 CALL ENTRY $.14 HIGH $.60 UP 325%
orkayen
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@GIFTEC, Great. I will look for your newsletter. I am interested.
GIFTEC
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@orkayen, CLICK ON MY PROFILE THEN CLICK ON MY TWITTER ACCOUNT
TO FIND A LINK ON MY TWITTER ACCOUNT TO GO TO MY WEBSITE
Just_PIP_it
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This is very interesting and makes great sense if you time entries properly. Thanks!
GIFTEC
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@Joey.lhotsky, If you buy at the open you don't have to time the entry. Just manage the trade after taking the positions.
Just_PIP_it
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@GIFTEC, Makes sense, thank you, will try this week. Played around with Paper Trade with a longer exp and it was profitable so don’t see why this would now work most of the time