Trade Summary: Per 100 shares of SPY you own:
- Buy to close Jul 31, 2019 $304.00 SPY Call and Sell to close Jul 31, 2019 297 SPY Put
- Sell to open Aug 02, 2019 $304 SPY Call and Buy to open Aug 2, 2019 $296 SPY Put. Gain/Loss of -$0.12/share total return YTD 9.60%. Trading is risky see bottom of trade alert email for full disclaimer.
Step 1. Close our previous covered call if you took our last trade alert, otherwise skip to step two.
Step 2. For every 100 shares of the SPY you own enter one of the following option contracts.
Step 3. This trade is designed to survive an “Atomic Bomb” SPY ETF trade alerts come out every Monday, Wednesday & Friday Noon Eastern!
Updated Track Record After Closing Last Trade Alert
All in all from our previous trade alert the following happened:
SPY went from 301.23 to 301.11 for a -$0.13
Call option went from .32 credit to .11 debit for a +$0.21
Put option went from .30 debit to .10 credit for a -$0.20
Net Profit/Loss = -$0.12 per Share of SPY
If you make $100 profit 3X a week 52 weeks a year on avg = $15,600 income vs a ~$30,000 total investment in SPY or 52% annualized return.
If you make $50 profit 3X a week 52 weeks a year on avg = $7,800 income vs a ~$30,000 total investment in SPY or 26% annualized return.
If you make $25 profit 3X a week 52 weeks a year on avg = $3,900 income vs a ~$30,000 total investment in SPY or 13% annualized return.
If lose $25, $50 or $100 on avg than you lose 13%, 26% or 52% per year.
For every $100,000 in your portfolio here’s how we recommend investing $10,000 into Gold, Silver & Cryptocurrencies: