On average, you should receive a new trade alert from me once a week. (Make sure you whitelist my email address!) These alerts will arrive in your email inbox during U.S. market hours and contain specific instructions for the trade. If I see additional opportunities, you may get more than one alert a week. However, I won’t send you a trade just for the sake of making one. If there are no good profit-taking opportunities in a given week, you won’t receive an alert.
Every week – whether you’ve received a new trade or not – I’ll keep you up to date with a weekly briefing that includes a market snapshot and the status of all the trades in our portfolio. This briefing will also arrive by email.
The alerts are very simple to follow. At the top of each email, you’ll see a box that looks like this:
Action to Take: Buy TSLA January 2018 $100 Puts (TSLA180119P00100000). Pay up to $9.85. Sell half your position as soon as you hit 100% gain. We’ll manage the other half accordingly.
These are your trading instructions. I’ll tell you which puts to buy, what price I recommend buying them, and what to do to exit the position.
Click here to see a great trading terminology glossary.
Then just go to your online options broker and follow the instructions. Options prices can fluctuate rapidly, so I recommend that you do this as soon as possible after receiving the alert.