Market Navigator Can’t Be 50% 69% Off Forever.
In Fact, Less Than 30 20 Seats Remain!
And Fair Warning: You Only Have Until Seats Fill Or Midnight Hits.
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I’m finally moved into my new house in Virginia.
What an ordeal that was! It’s amazing just how much stuff a family can accumulate in 15 years.
I seriously hope this is the last time I have to do that.
Now my focus is back on trading!
What I’m seeing this week is choppy, range-bound market. We’re trapped between two critical levels on SPY and QQQ.
I’ll be sure to let Alpha Hunters subscribers know as soon as I see signs of a breakout – up or down.
?Numbers I Need:
So we woke up to come conflicting news and data.
First, I think the big gap down had a lot to do with Fitch’s potential downgrade of the major US banks.
We saw what happened when this rating agency downgraded US credit. The market didn’t like that at all.
SPY sold off almost 1.5% that day.
The Fitch news was accompanied by solid retail sales data. Coming in a 0.7% higher vs the 0.4% estimate.
People are still buying. Maybe they’re holding off on those big-ticket items a bit, but stores aren’t doing bad.
This has left many institutional investors scratching their heads.
Will Fitch actually downgrade? Is retail strength good or bad, considering the Fed’s “demand destruction” policy?
So the market is swerving like a drunk driver trying to hold it between the lines.
When you can’t pick a direction, how do you trade?
It’s the sort of market that’s PERFECT for Alpha Hunter style option selling – and the exact thing I have been preaching to you for a few weeks now.
We are likely going to be in a choppy, back and forth, range-bound market for a while.
That is going to make buying (and selling) stocks very tough… but there is an answer!
?Most Exciting Action:
And even when there’s no direction at all. Actually this is the IDEAL situation for selling strategies.
Remember when we’re the seller we’re not betting on where the ticker is going.
We’re betting on where it WON’T go.
We can play directionally when there’s a trend. A bull put spread (a bet a stock is going to stay above a certain level) below a rising stock is a quick winner.
Likewise a bear call spread (a bet a stock is going to stay under a certain level) above a falling stock works great.
But wait, if we were trapped in a range couldn’t we sell spreads on both sides?
That’s exactly what I teaching (and live trading with members right now in Alpha Hunter).
One of my absolute favorite favorite strategies uses a combination of both of these types of trades. It sounds crazy, but it has one of the highest win rates I have ever seen.
That’s why I want to always have a couple of these trades on at all times.
In fact, I am about to close out 2 more profitable trades using this strategy this week, and I have 2 new trades I am just about to open up.
Great news – you can join right now for 50% off with coupon code “alpha50“!
Just over a month in, and I’m already up almost $16,000 from the EXACT trades I’ve been sending to subscribers.
I’m well ahead of my goal, even after taking a couple of paper-cut losses. Those will happen, but as you can see in my trading journal, those don’t matter in the long run.
Now, trading is difficult and risky. I can’t guarantee you’ll make money, but I will teach you my strategy and give you real-time alerts whenever I enter or exit a position.
?Past Alert Update:
Here’s a real example of how it works.
On July 26th, I saw some weakness coming in the market and the VIX had become extremely extended to the downside.
VIX is the “fear index” in the market.
It usually spikes higher on bad news or market pullbacks, then reverts to the mean. It’s a very high percentage trade for me.
I saw the chance to go bullish on the UVXY (VIX Short Term Futures) ETF betting that it was about to rise.
Sure enough, in less than a week UVXY ran up I closed out for a beautiful 50% win.
Or as Jason Bond would say – I got my cheddar! Hahaha ?
*trading is hard, results not guaranteed
This added a very nice $1333 to the Alpha Hunter portfolio and pushed me closer to my goal of making $120K this year.
Option selling is the single most important strategy for any trader.
Although I don’t get those MASSIVE triple-digit wins like I might with buying calls or puts, I win much more often.
For me, smaller but consistent wins keep my portfolio moving forward.
To follow EXACTLY what I’m looking at and see which trades I’m making, join Alpha Hunter today and take advantage of our limited time 50% discount.
All members get exclusive access to:
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The Alpha Chamber – Live analysis, trading, and chat
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Detailed Trading Plans – Direct to your inbox every single day
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Alpha Pulse E-Book – Learn HOW to sell options the right way
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Every trade I take via instant app alerts.
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