#276: Mon 2/24/2020 8:14 PM EST
The Catalyst For Our Recent Put Trade On SPY
Back on February 5th, we made a recommendation that the S&P 500 would fall by the 20th of March. We expected to be paid handsomely for this trade by March 20th. Today we were rewarded with a return of 116.97% in 19 days. Why did we enter this trade at the beginning of the month? Read on.
#437: Mon 2/24/2020 2:09 PM EST
Lock In Gain On SPY Puts
We recommended puts on February 5th for the SPDR S&P 500 (SPY) using the March $329 Put (3/20/20) that was trading at $4.83. SPY was at $332.75 and is now at $322.83 with the put now at $10.48 for a gain of $5.65 or 116.97%.
#436: Tue 2/18/2020 1:58 PM EST
The Week Ahead For February 17th to 21st
Geopolitical and Fiscal Events. Wednesday sees the FOMC out with its latest minutes. The Democrats hold another debate on Wednesday night. Thursday sees the ECB announce its latest update. Also, on Thursday the PBOC is expected to ease again.
#585: Mon 2/24/2020 7:57 PM EST
The Week Ahead For February 24th To 28th
The NASDAQ 100, Dow Jones Industrial Average, S&P 100 and Russell 2000 were lower for the first time in three weeks. Tuesday sees the Democratic Party hold a debate in South Carolina.In terms of ...