100% Profitable Short Credit Spreads in Two Days in Tanking Markets.
See the patterns and strategies of how Master Trader delivered its subscribers 21 of 21 winning short credit spreads in the past two days while the markets bounced from last week’s crash!
Last Friday before the market, we texted to our subscribers:
“SPY – The markets are gapping down significantly again pre-market (which we predicted into the close yesterday based on the charts), but with the greatly oversold market internals, we are looking for a tradable short-term bottom very soon.
But we don’t enter until we get a bullish reversal intra-day.
Watch us analyze the reversal live in the Green Trading Room when it happens! Selling high-priced put spreads are our specialty when they setup on liquid stocks and Index ETFs.”
WOW, was that a fun turnaround day — and the “perfect storm” we were looking for in selling OTM put spreads!
Here were the internals last Friday that gave us the heads up:
And the internals closed in the same oversold areas, suggesting more upside.
There are a plethora of great bullish setups for put selling — of VERY high premium!
We have nice open positions in SPY, QQQ, and others. Provided the market follows through Monday, get ready for many more trade ideas!
There will be too many to give; thus, feel free to use the Master Trader Method (MTM) to enter your own compelling setups.”
Here is our video explaining the trades recommended during the past two trading days in our two advisory letters, which we send to subscribers as part of their subscription:
[s3mm type=”video” source=”cloudfront” files=”Chart of Week/combined 200302.mp4″ /]
The Master Trader Method (MTM) looks for compelling patterns with alignment on Multiple Time Frames (MTF) for all trading and investing ideas.
The Weekly Options Trader focuses solely on selling options and credit spreads expiring in 10 days or less around compelling patterns to generate weekly income.
In selling credit spreads around compelling turning points, we “get paid” for calling a short-term top or bottom.
Many quantitative option traders trade off “the math (Greeks),” believing that nobody can predict direction by reading charts.
This should be a real “wake up” call to those option traders who naively believe that chart reading produces “no edge.”
These trades are easy to find, enter and manage for any type of trader or investor.
To learn how to find, trade and manage these short-term option Income Trades on your own, you owe it to yourself to take our Mastering Advanced Credit Spreads course, click HERE
To receive these short-term option Income Trades, check out our its Weekly Options Trader, click HERE
Click Here to Learn The Master Trader Swing Trading Strategies to profits over a few days to weeks.
Master Trader and You Building Your Financial Future Together!
Happy trading! If you have any questions or comments, please e-mail Greg Capra at Greg@mastertrader.com or Dan Gibby at Dan@mastertrader.com