Weekly Income Trade on Extended FCX 1-23-18

Below is a daily chart of Freeport-McMoRan Inc. (FCX).   Trade:  Consider shorting Feb (2/5) $20/22 bear call credit spread (4 DTE) around current mid-point of $.26/share. Technical Setup:   Bearish Gap from multi-week consolidation, Climactic Sell Setup and...

New Text Alert Service for Timely Trade Updates!

Please Sign Up for Text Alert Service for Timely Trade Updates! As a subscriber to the Master Trader Advisory Letter, we would like to text you alerts for updates to open positions and or new ones in a timely manner. These will also be posted to the Spreadsheet in the...

Weekly Options Trader – Tracking Sheet

Legend Short Puts (SP) Short Calls (SC) Bull Put Credit Spread (BPCS) Bear Call Credit Spread (BCCS) Short Iron Condor (IC) Short Straddle (SS) Short Strangle (SSS) Short Iron Fly (IF) Combo (COM) Open Trades   Status Open Date Close Date Symbol Strategy Detail...