Issue 138: Get in before the TURKEY sell-off - Masters in Trading Digest

Get in before the TURKEY sell-off

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

  1. Trade IDEA:  Turkey ETF Upper Implied Bands
  2. Masters in Trading Earnings:  STKL
  3. Buy $24 Strike Puts – Risk Small, Win BIG

How to Buy Options:  Trade Idea $TUR 

If you're looking to make a profit with minimal risk, buying put or call options is a good bet. Put options allow you to earn a large return on your investment if the price of TUR falls. Calls give you a chance to earn a large return on your investment if TUR rises.

When buying options, it's important to remember that there is always some risk involved. However, the current market conditions are ideal for buying put options because of the high price of TUR and the potential for a downward trend. 

To get started, simply find options that you’re comfortable buying, and place an order for the number of put options you'd like to purchase. Once your order is placed, you'll be able to track the progress of your investment and cash out when you're ready. With put options, you have the potential to make a profit even if the overall market is down. 

Here are the options that I will be following this week.

The FEB 23’s look good to me for a number of reasons:

  • Plenty of time for the trade to work itself out
  • Volatility fairly reasonable at 42% for 96 days
  • Downside portfolio deltas

Follow along, or better yet – join the Masters in Trading Community and follow the $TUR trade with a supportive trading community.

Trade Idea:  Consider Buying the $24 strike calls for $.65 or so.  Traders will want to hold this trade until expiration, or until they can lock in a nice profit.

Masters in Trading Earnings Academy

If you're looking to take your trading game to the next level, then you need to check out Masters in Trading Earnings Academy. This is the only program of its kind that is designed to help you make money during earnings season.

The academy shares our 5 best trades for this quarter's earnings season, using a proven, backtested approach that has been learned from the school of hard knocks. This is your chance to learn from the best and make some serious profits.

TRADE HIGHLIGHT:  STKL:  Risk Small to WIN BIG

This quarter we shared 5 earnings trades with a cumulative risk of $465.  Each of the 5 Earnings trades shared shows a fixed amount of risk with unlimited upside potential.  The first BIG winner is STKL.

Trade shared:  Consider Buying $10 pouts for $.30 (Risk $30, or $300/per 10 lot).

The 10 strike puts last trade = $1.15.  Risk $30, to make $115.  

Masters in Trading Digest - Issue 138

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The next issue will be released on Friday.

Until then, trade smart.

Thanks for reading,
Jonathan Rose

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