Issue 123: Another 5 Figure Day - Thanks Masters in Trading Crew - Masters in Trading Digest

Another 5 Figure Day - Thanks Masters in Trading Crew

At Masters in Trading, our focus is to empower traders to find high-probability trades through a repeatable process, with a FOCUS on mitigating risks to optimize returns.

To find trade ideas we use Wall Street Wiretapper, an Unusual Options Activity Scanner powered by AI.

How many trade ideas do you share throughout the week?

  1. Jonathan and the Team at MIT share 3 Options Trades Sundays
  2. Monday We Host a Live Q&A to Review Trades
  3. Discord Community Opened Throughout the Week
  4. Friday Redline Trade Shared With Members

Here’s what is working right now.

Let’s start with Super Micro Computer (SMCI.)  

SMCI does not like to trade outside of its expected move bands (below).  When SMCI trades down to this month's support band, it bounces. This video walks you through the trade step-by-step.

Next, look at a $PSX, an oil refiner. We shared a trade in $PSX for a few reasons, first $PSX was trading close to the bottom end of its expected move.  

More importantly, the “crack spread” had been trading higher. The “crack spread” is a proxy for the profit margin for refiners. When this spread trades higher, it’s a good bet to find oil refiners to purchase.

Read: Crack Spread: A Real-Time Indicator of the Oil Industry

$CVE was another energy name that was trading outside of its expected move. Notice how the lower end of the expected move using our Volatility Visualizer tool acts as support?

FTAI is another name we shared this week with members.

VIDEO: Grand slam Options Trade – 69,000 puts trade vs 3200 calls

Masters in Trading Digest - Issue 123

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Interested in learning a repeatable process to find great trades?

Every Sunday, we share 3 fresh trade ideas with all Wall Street Wiretapper Options members. Join today and get Friday’s REDLINE Trade.

Futures Membership includes a Live Class every Wednesday with Jonathan Rose along with community access to get your questions answered.

Grab a one-month options trial and don’t miss the next redline trade.

FINAL THOUGHTS

WHAT TO EXPECT IN THE NEXT MIT DIGEST

The next issue will be released on Friday.

Until then, trade smart and always manage your tail risk.

Thanks for reading,
Jonathan Rose

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