A: With every trade, Tom will spell out three main things:
- TARGET PRICE for entry
- PROFIT TARGET for exit
- TIME TARGET for exit
That’s everything you need to know in advance. Exactly when to get in… what your goal is, and when to get out. And, of course, exactly how to set up every trade based on that exact information.
Here’s what a normal new trade recommendation will look like:
Action to Take:
BUY-to-Open: Example Stock Inc. (NYSE:XX) XX September 18, 2015 $35 Calls(XX150918C00035000) at $3.50 or less.
Exit Strategy:
SELL-to-Close: Example Stock Inc. (NYSE:XX) XX September 18, 2015 $35 Calls(XX150918C00035000) at 100% or better.