See my THREE trade ideas for Labor Day weekend…
LIVE AT 3 P.M. ET ON THURSDAY!
I always love getting feedback from readers about what aspects of trading give them the most headaches.
Looking through some recent responses, one subject jumped at me…
It seems a lot of you out there find credit spread strategies both scary and confusing…
So I’ve been thinking about how I can best help my readers demystify this trading setup that’s not as complex as many people think.
Let’s cut to the heart of this problem and I’ll walk you through it, step by step…
Options Spread Strategy Fundamentals
Options spread strategies are one of the most powerful weapons a trader can have in their arsenal…
And they offer a few advantages that are hard to come by with a straight-up call or put option…
Especially with the volatile markets we’ve seen this year…
Options spread strategies can help manage risk, either by capping downside exposure or helping to offset the cost of an expensive options chain.
I have a quick video from the vault with some (now historical) examples to help you visualize what’s going on…
The details on the individual stocks are always in flux, but the fundamentals of options spread strategies never change.
Lance Ippolito
Lance Ippolito Trading
P.S. Labor Day Weekend Is Almost Here…
While most traders would normally avoid trading during weekends…
Over the past three years, we’ve been able to post gains across 290+ trade opportunities, simply by holding a trade over the weekend…
And this week, another opportunity seems to be setting up for us over the long Labor Day weekend.
And historically speaking, Labor Day Weekend has presented us with some of the best weekend opportunities…
Including 69% gain on BTU in 2022…
And 30% gain on CHWY in 2023…
This is all thanks to something I call the “Long Weekend Effect.”
Now, there were smaller wins, and some trades that did not work out… And I cannot promise future returns or against losses, as there’s always risks when it comes to trading…
But I’m confident that we can do even better with this year’s Labor Day weekend…
Which is why at 4 p.m. ET on Thursday, Aug. 29, I’ll be sharing the secret to trading over Labor Day…
The profits and performance shown are not typical, we make no future earnings claims, and you may lose money. From 9/17/21 through 8/25/24, the average win rate is 69.3%. The average weighted rate of return on options trades was 6.84% over a 3 day average hold time.
