11 Minute Read

Tackle Today: The ❌ marks the spot

June 12, 2019

By | No Comments

Tackle Today: The X marks the spot

≈ Vote for the Stock of the Week on Instagram. ≈

I don’t know if you guys are aware of this but every Tuesday we running a Stock of the Week quiz on Tackle’s Instagram. It is very simple: go to Tackle Trading’ Instagram profile › click on the coin on the top left corner › choose the stock you want the coaches to analyze for you. The stock that gets voted the most is the winner and will be dissected by one of us.

Votes are opened this week for:

Urban Outfitters, Inc.

Wells Fargo & Co

United States Steel Corporation

I already got my preferred stock: X. What happened to U.S. Steel over the last year is ridiculous. From the highs on July 2018 @ $38.89 to the 7th Circle of Hell on May 2019 @ $11.67, a –233% loss in price.

U.S. Steel is part of the Dirty Sexy Money list, released as part of the Tackle 25 2019 edition. It has always been a great candidate for cash flow strategies like the Naked Put and the Covered Call. But is it still?

Is it on a nice set up for a directional S.T.E.P. System trading?
Is it on a nice set up for selling puts in a bottom-fishing style?

VOTE X! Let’s hear what the Coaches have to say about the most recent dog in the financial markets. Follow and vote in your favorite stock HERE.

PS: Speaking of Tackle 25, tonight we are holding the June MasterMind Group meeting. Owners of the system are very welcome to participate.

Chart of the Day

1 year of suffering

United States Steel Corporation (NYSE: X)

And here’s poor U.S. Steel. Battered. Get on Tackle’s Instagram to vote for the Stock of the Week.

Video of the Day

Analysing a Naked Put vs Bull Put Spread

Coach Matt and Noah compare using a Naked Put vs a Bull Put Spread. They compare the pros and cons of each and talk about how traders should decide which strategy to use.

Today’s line up

Tales of a Technician

The Killer Combo for Options Sellers

Want a killer combination for eye-popping returns when selling premium? It’s very simple and easy to remember. I used it yesterday during a mentorship session to show a 60% return on a high probability short strangle trade. Some of you probably already know the combo. It’s not really a secret, unless you haven’t heard of it before. Now that I think of it, everything you don’t know is a secret.

Traders Lounge 11AM EST

Join the coaches in this live lounge, ask questions, discuss ideas or just sit back and listen to veteran traders discuss market conditions.

The Coaches Show Replay

If you missed last night’s episode where Coaches Noah Davidson and Tyler Craig talked about Module 1 from the S.T.E.P. System or would like to watch it again, check it out here.

Tackle 25 MasterMind Group 8:30PM EST

Join and learn how to better use the Covered Call System with the Tackle 25 with Coach Noah Davidson.

Halftime Report 12:30PM EST

The Halftime Report starts at 12:30 EST and covers what news is driving the market, chart analysis from the movers and shakers of the day and fun in a way that only Matt and Tim can deliver.

Market Recap 4:30pm EST

The Market Recap is designed to give you a quick overview of the day that was. While brief, this report is designed to cover all of the major events that drove the markets that day and help you plan for the trading day ahead.

Trading Justice Podcast

Trading Justice Episode 325: Square Off

In this episode of the podcast, Matt and Tim play a game called ‘square off’ where they debate 8 different topics and Mark decides on who won the argument. Is the FED put in full force? Will they cut rates at or near an all-time high? Is the trade war easing down? Listen to the episode on the player below.

Tackle Trading: Financial Freedom is a Journey. Sign up now for a 15-day free trial.

Financial freedom is a journey

The Tackle Today series is brought to you by Tackle Trading.

Sign up now and gain unfettered access to all of the quality content and powerful Scouting Reports that our Pro Members enjoy for 15-days absolutely free with no strings attached and let us show you what your trading has been missing.

Sign up now for a 15-DAY FREE TRIAL #

Legal Disclaimer

Tackle Trading LLC (“Tackle Trading”) is providing this website and any related materials, including newsletters, blog posts, videos, social media postings and any other communications (collectively, the “Materials”) on an “as-is” basis. This means that although Tackle Trading strives to make the information accurate, thorough and current, neither Tackle Trading nor the author(s) of the Materials or the moderators guarantee or warrant the Materials or accept liability for any damage, loss or expense arising from the use of the Materials, whether based in tort, contract, or otherwise. Tackle Trading is providing the Materials for educational purposes only. We are not providing legal, accounting, or financial advisory services, and this is not a solicitation or recommendation to buy or sell any stocks, options, or other financial instruments or investments. Examples that address specific assets, stocks, options or other financial instrument transactions are for illustrative purposes only and are not intended to represent specific trades or transactions that we have conducted. In fact, for the purpose of illustration, we may use examples that are different from or contrary to transactions we have conducted or positions we hold. Furthermore, this website and any information or training herein are not intended as a solicitation for any future relationship, business or otherwise, between the users and the moderators. No express or implied warranties are being made with respect to these services and products. By using the Materials, each user agrees to indemnify and hold Tackle Trading harmless from all losses, expenses and costs, including reasonable attorneys’ fees, arising out of or resulting from user’s use of the Materials. In no event shall Tackle Trading or the author(s) or moderators be liable for any direct, special, consequential or incidental damages arising out of or related to the Materials. If this limitation on damages is not enforceable in some states, the total amount of Tackle Trading’s liability to the user or others shall not exceed the amount paid by the user for such Materials.

All investing and trading in the securities market involves a high degree of risk. Any decisions to place trades in the financial markets, including trading in stocks, options or other financial instruments, is a personal decision that should only be made after conducting thorough independent research, including a personal risk and financial assessment, and prior consultation with the user’s investment, legal, tax and accounting advisers, to determine whether such trading or investment is appropriate for that user.

Chart Modal

Tackle Trading

Let us help you start trading!

Our Pro Membership gives you the tools to tackle all your trading obstacles.

Register for the Options Success Training Cours & Get the First 15 Days on Us

Book a FREE Consultation

Sign up for a free consultation to build your Educational Plan.