Previous Trade Results
All in all from our previous trade alert the following happened:
SPY went from $288.40 to $292.62 for a +$4.22 gain
Option Collar went from $0.23 debit to a $1.27 debit for a -$1.50 loss
Net Profit = +$2.72/share of SPY over the weekend or $42,432/year of income and 145% annualized. These results are not typical.
Trade Alert Instructions
New Trade Alert Summary: Per 100 shares of SPY you own:
(1) Buy to close Aug 19 2019 $291.50 SPY Call and let Aug 19 2019 285.00 SPY Put expire worthless
(2A) Sell to open Aug 21 2019 $295.00 SPY Call
(2B) Buy to open Aug 21 2019 $289.00 SPY Put.
A bullish trade that earns upto $228 if correct and loses up to $372 if incorrect, per 100 shares of SPY. Net Gain = +$2.72/share of SPY overall this weekend, $42,432/income per year vs ~30K investment. Total return YTD 10.45%.
Step 1. Close our previous covered call 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!
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.