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Scouting Report Oct. 18th is out!!

October 18, 2014

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COACH G’S  SCOUTING REPORT WAS A WATCH LIST ONLY DREAMS ARE MADE OF. EVEN WARREN BUFFETT WOULD BE PROUD! IT REALLY KICKED BUT AND BROUGHT IN THE DOUGH$$ The Oct. 18th Scouting report is jammed full of good Scouting Prospects- Here is what we list – About 1 dozen trading candidates for Bulls, bears, Theta Credit traders, and Delta Directional Traders. NOTE* We are putting our favorite candidates out there for both Bulls & Bears. Sometimes we play both, but most often it is best to look at market trend and pick that team. “THE TREND IS YOUR FRIEND”. Also we put out the favorite credit spreads that have great return over investment based by delta odds, otherwise known as “ROID” Return Over Investment by Delta. Then we also show the best debits spreads based on the lowest price options on biggest movers. TriggersENTRY – We set the trigger at this point so when stock price hits entry trigger, the order is placed whether it be stock, options, or spreads, etc. EXIT – We set the Trigger at this point sot that when the stock price hits this trigger point we exit the strategy placed. RISK – this is the difference between Entry minus Exit based on stock price. If you are using an option or spread, just times the risk # by the total delta to get risk per contract (ex: Delta = .60/share = $60 risk per contract. So I times the risk lets say 1.50 x 60 = $90 risk per contract. If my risk tolerance level is $200. then I better do 2 or less contracts. $90 x 2 = $180 risk) TARGET – Stock price trigger target where we will take all if not most of the profit off. STRATEGY – You can use any strategy you feel is right, but every so often we will put our favorite strategy here. Or at least an idea. Rookies get it weekly at the Scouting Report tab of site. example trade- oil

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2 Replies to “Scouting Report Oct. 18th is out!!”

  1. raman shahi says:

    Do we need to sign up for the rookie level pro level to get the scouting report

  2. Yes the Scouting report is a weekly watch list of trades we like that is posted Saturday for Pro and All Star levels. It has at least 3 picks for bulls. 3 picks or more that are Bears. Any really good credit spreads or naked puts. And finally the best bi-directional trades on big movers using usually weekly vertical spreads. This caters to every type of options trader. Pics for trading up,down, sideways, debit or credit. Every once in awhile I will throw a free trade I like in the blog or club house.

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