Archive Category: Max Profit Alert (Alerts)

Congratulations! If you followed my recommendation last Tuesday to add a bullish position on the SPDR S&P Biotech ETF (NYSE: XBI)… The call options we purchased for just $7.45 are now selling for closer to $12.

First, thank you to everyone who joined Matt Clark and me in this morning’s trade room. Matt and I run this weekly live session from 10:30 a.m. to 11:30 a.m. Eastern time every Monday to look at the Wednesday Windfalls options strategy.

Last week, I recommended adding two bearish positions targeting the gold mining industry. You can read that recommendation here — and there’s still time to get in, as the put options we bought are now trading for less than the entry price we recorded.

Commodity markets are notoriously “boom and bust.” Their bull markets can be epic and lucrative. But so can their bear markets. And as options traders, we have the unique advantage of being able to play both sides.

First, thank you to everyone who joined Matt and me in this morning’s trade room. We had nearly 100 attendees and worked up nearly 30 signals today. Not to mention, we had a great interactive discussion on all things “Wednesday Windfalls.”