Do you want to learn how to sell call and put spreads on expiration day to get paid (net premium received) for merely calling a top or bottom for the day?

This video shows you how Master Trader uses the chart to sell Options/Spreads using Technical Strategies (MTS) with a huge probability of profit for regular income.  We issued two bull put credit spread trade ideas on AMZN on expiration day after it announced earnings.

 

 

 

Why Sell Options on Expiration Day?

We generate weekly income from selling options and credit spreads that expire in hours, with no gap risk, profiting from rapid time decay for merely calling a top or bottom on a stock or ETF for the current trading day!

The video walks you through the technical setup of AMZN and why we recommended selling out-of-the-money put spreads to get paid for predicting that support would hold for the day – which it did beautifully.

Weekly options expire every week – most of them worthless — and that makes them a great instrument for weekly income.

We love doing on the S&P 500 ETF (SPY) since it has multiple expirations each week, giving us more profit potential.  Because of the ease of the strategy and statistical “edge” that exists in selling options around compelling chart patterns, these trades are available in all market environments – trending, choppy, or even a volatile mess.

As options sellers, we take the buyers’ money and get “Paid” by simply making a prediction of where the Stock will NOT go by the end of the day.

For the educated trader, winning trades are systematic; for the uneducated, the educated are waiting to empty your pockets.

For the options trader that uses the Greeks without charts, those that do use charts are waiting to empty your pockets as well!

If you would like a complimentary article explaining how to sell options on expiration day for income, you can obtain it at:  https://mastertrader.com/ExpirationDayTrader

 

Thank you for being a loyal subscriber and feel to email us with any questions or comments on anything.

Learn how Master Trader Technical Strategies – MTS and MTS with Options Strategies can make consistent money.

Click Here – to Access the Options Credit Spread Program that puts you on the Master Trader Income Path.

Click Here to Learn The Master Trader Swing Trading Strategies to profits over a few days to weeks.

CLICK HERE For a free 3-day complimentary access to the Master Trader Green Room

In the Master Trader Green Room, we trade stocks, options, and ETFs in real-time.

Learn how we scan pre-market compelling Gap Trades and discuss a “plan of attack” to profit.

 

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

All the best,

 

Dan Gibby
Chief Options Strategist

 

Greg Capra
Managing Director of Master Trader
Trading the Pristine Method — Origin and End

Twitter: @GregCapra
Stocktwits: Greg_Capra