Issue 130: Getting on Prints & Locking in Profits - Masters in Trading Digest

Getting on Prints & Locking in Profits

Hey Traders! Here’s what we’re covering today:

  1. SMCI Power Trade  – Let’s Assess Your Options Knowledge (Prizes to Top Performers!)
  2. Getting on Prints – The 4 Tells the Market Revealed Before Rallying 150 S&P 500 points
  3. Nasdaq Volatility Bands – Steadfast Support and Resistance in a Volatile Market

Education Mitigates Risk – Before we can discuss becoming successful options traders, there’s basic knowledge that needs to be understood.  This quiz will assess your knowledge, and we will review the answers live this Saturday 11am ET.

Register for the Webinar

Six Reasons WHY SMCI trades higher:

  1. Nasdaq is cheap relative to the Russell 2000 Futures
  2. Nasdaq is resting on its Implied Volatility Bands, this is the expected move in options
  3. Nasdaq Breakout Stocks Before Federal Reserve Interest Rate Announcement
  4. Excellent Monthly Entry point – 84% closes in Implied Volatility Levels
  5. Multiple Catalyst including Fed Interest Rate Decision plus Earnings Announcement
  6. Relatively Cheap Options Premium Going into Earnings Announcement.

Watch Full SMCI Trade Video Here (PDF in Video Description)

“GETTING ON PRINTS”

Imagine you’re long a stock, and that stock jumps 20% intraday.  The stock is not able to sustain those higher levels and slowly trades back down. 

This is a situation we are all familiar with; right?

At MIT we suggest working resting limit orders in the market at a level that you want to get filled.  Even if that level seems like a low probability outcome, there’s still zero risk in working limit order in the market.

In our community, we like to say – let’s “get on prints” – this means that a stock made a big move (like SMCI) and you may consider executing a trade at these new levels.  That’s what it means to “get on prints.”

Nasdaq Weekly Implied Volatility Band – the tool above is our Equity EDGE. The white line is the price of the Nasdaq Futures (/NQ) and the outer bands are the weekly implied volatility bands. These bands update live and are reliable support and resistance.

Masters in Trading Digest - Issue 130

Share this post:

Get MIT Digest!

Want FREE actionable trading tips and strategies like the ones you see here 3 times per week?

We're now accepting sign-ups, FREE for a limited time. Register below to join the Digest.

Unsubscribe at any time! Your email address will be used to send you Masters in Trading DIGEST issues.

 

Every Sunday, we share 3 fresh trade ideas with all Masters in Trading 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 Monday.

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

Thanks for reading,
Jonathan Rose

Get Masters in Trading Digest FREE!

Want FREE actionable trading tips and strategies like the ones you see here 3 times per week?

We're now accepting sign-ups, FREE for a limited time. Register below to join the Digest.





 






Unsubscribe at any time! Your email address will be used to send you Masters in Trading DIGEST issues.