Trump’s US/China Trade War Escalating Full Steam Ahead With Rising Tariffs. China devalues their currency and all the while, our profits continue to pile in!
Previous Trade Results
All in all from our previous trade alert the following happened:
SPY went from $287.22 to $287.11 for a -$0.11 loss
Options went from $2.13 debit to a $0.72 credit for a -$1.41 loss
Net Loss = -$1.52/share of SPY expecting highly profitable period of trades for SPY after surviving recent trade escalation. Gold/Bond portfolio made up for all drawdowns in SPY positions see bottom of email for each return.
SPY Monday/Wed/Friday Track Record Updated
View all of our previous SPY ETF Mon/Wed/Fri trade alerts here.
Trade Alert Instructions
New Trade Alert Summary per 100 shares of SPY you own:
(1) Sell to close Aug 26 2019 $286.50 SPY Call
(2A) Do not sell any call options today.
(2B) Buy to open Aug 28 2019 $283.00 SPY Put.
Loss of -$1.52/share over weekend while TLT/GLD generated large profits. Buy/Hold portfolio has changed see video for instructions to optimize your gold/crypto positions.Trading is risky see trade alert email for full disclaimer.
Step 1. Close our previous option trade if you took our last trade alert, otherwise skip to step two.
Step 2 A&B. 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!