Issue 135: He bought for $60 and sold for $1580 - Masters in Trading Digest

Bought for $60 and sold for $1580

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

  1. SMCI: Trading Ingenuity leads to Asymmetric Gains
  2. Sell First, Buy Second:  How to Manage Trading Deltas
  3. 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.

  1. Nasdaq cheap relative to Russell 2000
  2. Nasdaq sits on Implied Volatility Bands
  3. Interest Rate Announcement *catalyst
  4. Excellent Entry point – 84% Close-In Level
  5. Earnings Announcement *catalyst
  6. 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

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The next issue will be released on Monday.

Until then, trade smart.

Thanks for reading,
Jonathan Rose

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