«Here are five examples»
In last night’s Cash Flow Club, Coach Tyler taught the importance of mapping out your trade beforehand. It reduces your emotions and creates consistency. He then showed how it works by building five trades in different asset classes and market sectors.
First was an SMH bull put spread to capitalize on the relative strength in semiconductors.
Second was an IWM iron condor to game the range that small caps have been stuck in.
Third was a TLT iron condor to profit from the higher volatility and potential rangebound behavior of bond prices.
Fourth was an XBI iron condor to exploit the same behavior out of biotechs.
Fifth was an ARKK naked put to play the pullback and juicy option premiums.
If you’re curious about the trade details and exit strategies, watch the Cash Flow Club replay!
Chart of the Day: UUP
The dollar is going vertical and gold stocks are none too happy about it.
Today’s line up
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