Trade Alert: Massive $6,232 Profit on SPY as We Aim Even Higher

Per 100 shares of the SPY you own:
Step 1. Allow Feb 12 $330 SPY Put Option to Expire Worthless
Step 2. Buy to open Feb 14 $333 Spy Put Option
Notes: Expecting SPY to melt-up, put option will lose value, all profits will come from SPY ETF rising in value. Short-term target for SPY remains at $340.
Trading is risky, check email for disclaimer.

Today’s Trade Results:

  • SPY traded from $333.36 to $337.10 (+3.74)
  • Option Protection -0.46 initial debit expiring worthless today
  • Net Profit Today:+$3.28/share or +$328 per contract
  • In our model portfolio 1900 shares or $6,232 profit in the past 48 hours.

Here’s how the order looks like using Ameritrade’s Think or Swim iOS app

We trade this position every Monday, Wednesday, Friday at 12 ET!

PORTFOLIO BUILDER

PORTFOLIO BUILDER

If you need help getting our trade alerts or have any other questions please contact us anytime at support@portfoliobuilder.io

More Trade Alerts

Leave a Replay

Sign up for our Newsletter

Scroll to Top