OP Income Newsletter is focused on income strategies via a diversified portfolio and that has been the basis for almost 5 years now.
Last week I introduced a FREE feature for OPN members where buy/sell ideas for short term trading (typically 5-7 days) are provided with spefic profit/exit point everyday. The risk reward ratio is attractive and for those who are able to day trade (or have a mechanical way to automate trading) this provides a good additional diversification of the portfolio.
Here is the status update of the 1st week’s PERFORMANCE TRACKING:
Winners:
TXI +$4.0 points, TSCO +$3.2 points, EQT+$1.74, MPC +$1.09, RAX booked for approximately +$1.00 point, MCK +$0.68, FB +$0.70 points, UTHR +$0.6, COST +$0.47, BUD +$0.28, RTN +$0.31;
Losers:
FMX -$0.32, MKC -$0.1, SHOO -$0.14 points, and stoppped out at PAY for -$0.98 loss. .
All gainls/loss are based on the price action from the trade trigger proint and are in terms of stock’s gains or loss; were options traded on these positions, the gains and losses would have been magnified. For instance – TSCO ATM/OTM option would have doubled during the day from the trigger point.
OPN Speculative trades were not behind either-
INFY +175%, VIX Calendar +12%, +8.3% and again +5% while UVXY calls and SPY straddles were square for breakeven to partial loss.
Above trade ideas are treated as accelerator as only a small fraction of capital is invested in those trades. If would like to join, pls click here to join.
Profitable Trading, OP
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