Traders in Desperate Need of Short Deltas Look Here

With volatility staying elevated it is important for traders to stay actively trading in the market.

This past Monday, knowing members were looking for bearish trade exposure, we spotted TWO attractive trades that were shared with the Masters in Trading Discord Community.

1.  Consider Buying July $13 strike puts in $CHPT for $.60
2.  Consider Buying July $61 strike puts in $DOCU for $1.45

Our objective at MIT is to simplify the trading process professional traders use to be successful in markets into basic steps that any trader can follow; regardless of experience.

The first step is to formulate an idea or a plan.  We follow the biggest trades in the market to get an idea of what the “smart money” traders are doing.

Using the Wall Street Wiretapper, our proprietary Unusual Options Activity scanner powered by a Neural Network, we came across weird activity in $CHPT, and after doing some research shared this idea with our Discord community.

Our first step was to find the trade using the Wiretapper along with our Volatility Visualization tool shared below.

The green and red lines visually represent the expected move that is priced into the options.  Notice how $CHPT trades right up to the upper band of its expected move?  

These levels are powerful resistance (and support), especially when they are combined with Unusual Options Activity.

Just two days after sharing the trade, the Volatility Visualizer now looks like this:

Masters in Trading clients jumped into this opportunity after Jonathan Rose shared the UOA trades along with the charts.

Rodney purchased puts in $CHPT for $.59.  He bought 10 puts, risking $590.  In less than 48 hours, those puts are trading over $1.20, helping Rodney to enjoy a 100%+ return in less than a week!

Not too bad for less than 24 hours.

The 2nd trade shared in Discord was $DOCU, another excellent trade with a fixed risk and unlimited upside.

We trade ideas daily in our Discord community with options members. If you want to learn more about our Options Membership, it can be found on our website.