Bought for $60 and sold for $1580
Hey Traders! Here’s what we’re covering today:
- SMCI: Trading Ingenuity leads to Asymmetric Gains
- Sell First, Buy Second: How to Manage Trading Deltas
- Learning to Hedge: Traders Corner
SMCI: Trading Ingenuity leads to Asymmetric Gains
We need to celebrate what is the highest posted return in Masters in Trading Discord.
Jack purchased SMCI calls for $60/per contract and eventually sold them for $1,580/per option contract. That’s a heck of a return.
Congratulations to all traders who profited from the SMCI options trade.
Traders watched the step-by-step presentation laying out 6 reasons why SMCI would trade higher.
- Nasdaq cheap relative to Russell 2000
- Nasdaq sits on Implied Volatility Bands
- Interest Rate Announcement *catalyst
- Excellent Entry point – 84% Close-In Level
- Earnings Announcement *catalyst
- Risk Small Win BIG
Watch the Video: $SMCI Trade Ideas Unusual Options Activity
Heard in the Discord Community
There’s a saying in sports that goes, “offense wins games, but defense wins championships.” The same is true in trading. Anybody can make money when stocks trade higher.
But in the last quarter of 2022, and certainly into 2023, traders will face elevated volatility. It’s important to learn how to protect from sharp volatility spikes.
Trading with a community might save you from the next major market move.
Masters in Trading Digest - Issue 135
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.
Grab a one-month options trial and don’t miss the next redline trade.
The next issue will be released on Monday.
Until then, trade smart.
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.
