Swing Traders Locking Up More Profits
Another week, another few thousand dollars! First off, great work to those of you who locked up profits with us this week on big names like $NVDA $CSX and $CC. The month of September has been slow for me, as I have been travelling a ton. But of all the trades in the month, not a single was a loser! Looking forward to my favorite time of year and favorite season for trading, the fall.
The trades from last week were alerted as follows:
CSX – Alerted 9/20/16 BUY Nov16 27 calls at $2.75. SELL 9/30/16 at $3.55 or +30%
CC – Alerted 9/26/16 BUY 4000 at $14.86. SELL 9/28/16 at $15.10 average +1.62%
NVDA – Alerted 9/26/16 BUY Nov16 65/70 call spread for a debit of $2.00. SELL 9/30/16 at $2.55 or +28%
So many of you are loving the options trades, which are nearing 90% accuracy this year. I get a lot of questions about spreads and options strategies, so I put together this short guide on the strategies I trade, HERE. If you want to learn these strategies in depth, I cover that too, in the Swing Trade and Options course.
As we move into the new month of October, we will start to focus on earnings trades and momentum names leading up to any new holiday rallies. The only thing with the markets that’s certain, is just how uncertain things are! Follow me on TickerTV to keep up to date with watch lists builds and Q&A sessions.
Here is the video recap of our closed trades from the week: