Dear Profit Takeover reader,
Greetings to you from Chicago!
I need to tell you about the tactic I’ve been using which has allowed me to win most of these latest trades…
I call it, “outrunning the clock.”
See, I know I’ve got to look for a catalyst that will make the trade explode well before the market makers think it will.
My system works because I FIND those catalysts.
Take this trade for instance…
Last Tuesday, in the Profit Revolution, we bought the LCID May 20, 2022 $16 puts for 74 cents and were able to get out of half at $1.21 the same day – up 64%.
The next day, we exited another half of the remaining trade at $2.25 – up by 204%.
And by last Thursday, our final exit filled at $2.99 – up 304%… that’s a total weighted gain of 159% in 3 days.
This is a classic example of beating the time decay built into the option price.
I understand that the price of an option decays – and the closer we approach expiration, the more rapidly it will decay…
So I look for cheap options that I think will make moves SOON –
Before the option starts to quickly decay.
I run my cheap-options scanner everyday in the Profit Revolution and focus on the options that I think could make the most wild moves in a short time.
I am traveling to Chicago this week – but I am still dropping inexpensive trades in the Profit Revolution trading room.
If you’re curious about cheap options trades…
Or click here to find out more.
Until next time,
Founder, Profit Takeover
I’ll See You Very Soon
It’s almost time for the Summit.
The entire Money Morning Live crew and I will be in Chicago, IL on May 19-20, 2022.
We are hosting the first Money Morning Live Summit – starting THIS THURSDAY.
Find out more right here.
Hope to see you soon on May 19-20, 2022 in Chicago, IL.
THIS WEEK’S SCHEDULE (ET)
No Regular Programming from Myself or Brian this week.
We will be at the Money Morning Live Summit.
May 16 2022