Strategy, Approach and Statistics

We moved to a new home.

We launched paid real time alerts. Please visit us at http://www.MyWealthyOptions.com

For questions, write to us at info@mywealthyoptions.com


You may want to investigate other newsletters like Booking Alpha, Benzinga Cash Generator, Benzinga Options and Volatility, Glinser Services, The Option Wiz for the real time alerts and auto trading experience. Commission plays a bigger role in improving the profitability of spread trades. It may be a good idea to open an account with low cost brokerage firm like Options House (100 free trades) to give extra punch to your gains.



Thursday, February 2, 2012

Alert 35 - SPY Diagonal Spread for Next Week

SPY Diagonal Spread for a debit of $2.38
(Sell FEB 10 '12 133 Put
Buy FEB 17 '12 136 Put)

Comments: I am expecting beginning of a downtrend next week. This position will be profitable upto SPY 134 by Feb 10.

Follow us at FacebookTwitter for instant access to the posts at www.MyWealthyOptions.blogspot.com

Updates to the "Last 10 trades" section of the blog will be made shortly.


No comments:

Post a Comment