Trade Alert Instructions
Trade Summary: Per 100 shares of SPY you own:
(1) Buy to close Aug 02, 2019 $304.00 SPY Call and Sell to close Aug 02, 2019 296.00 SPY Put
(2) Sell to open Aug 05, 2019 $290.00 SPY Call and Buy to open Aug 5, 2019 $292.00 SPY Put.
Loss of -$5.01/share vs SPY losing -$9.21 total return YTD 8.43%.
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!
Step 4. DO NOT SELL OUR PUT OPTIONS ON FXI (CHINA ETF) YET!
We are down 50% on the top, flat on the 2nd and up over 100% on the bottom two put options currently!
All in all from our previous trade alert the following happened:
SPY went from 301.11 to 291.90 for a -$9.21
Call option went from .53 credit to .01 debit for a +$0.52
Put option went from .41 debit to 4.08 credit for a +$3.67
Net Profit/Loss = -$5.02 per Share of SPY reducing losses by 49%.
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: