ALL Access Jun 19 VTIQ $30 calls under $2.20 UPDATE
Dear Subscriber,
Here are the VTIQ trades we initiated in late May for All Access Members
1) Action To Take: BUY June 19 CALL Options up to $3.20 with an $8-10 Target and $2 SELL STOP
They are now trading $5.50 --let's see how the unveiling day goes tomorrow and then protect profits.
2) Next Action to Take: SELL June $25 PUT Options for $5 or better IF WE CLOSE ABOVE $27 tomorrow.
NOTE: If the put option we sold goes to 25% higher value (meaning it DROPS 25% in value--its a PUT option, remember?) we will install a rolling sell stop to protect those profits.
Today: We shorted the $25 put options at $8 on the close above $27. These options June 19 options are bid $1-- $700 of premium earned so far per option!! I would wait for a rush to $38 tomorrow and cover the short with a market buy stop at $1 or less.
One quick day trade for shits and giggles--in before the close
