Dear Profit Takeover reader,
During last Wednesday’s Profit Takeover show, I took some extra time to walk through one of my top trading strategies…
Butterflies are important trades to master – if you are ready to make serious profit.
A butterfly is a combination of a debit spread and a credit spread where the sold strikes overlap in the middle –
If you missed the full butterfly show – you can watch the replay right here:
Here’s what some folks had to say about my explanation of butterfly trades:
Here’s a quick overview of a butterfly play that made MASSIVE CASH:
On May 11th, we made this play in SPX in the Profit Revolution:
By 3:40, they were out of ½ for $4.70 – up +135% on ½.
A little later, they were out of ¼ for $6.35 – up +217% on ¼ of position
The, the remainder expired at $14.75 at 4 p.m. – up +638% on ¼ on position
Needless to say, these trades heve the potential for huge wins – with relatively cheap risk.
With a butterfly, we can bet on a move for very cheap –
When you buy a put or a call – time is your enemy…
But in a butterfly, you can beat the time decay…
Because we can put time on our side instead of making it our enemy.
Initially, when we do a butterfly right, we can flip the trade so that if we sit for a few days, money goes in our pocket…
We can get paid for a directional opinion.
Every day that passes, we are putting money into our accounts.
And we have opportunities to practice these trades every single day in the Profit Revolution.
Today, we will be making some butterfly plays on SPX and XSP…
We’ve made profits like 183%, 250%, and 281%in a matter of hours on SPX on expiration days.
I recommend that traders practice these trades in a paper account, and I’d love for you to join us this week to learn how to trade SPX and XSP.
If you want to join us in these trades during the Profit Revolution live shows, CLICK RIGHT HERE.
Call Gabe’s team at: 877-848-3418 and he might be able to give you a special Memorial Day deal.
Until next time,
Founder, Profit Takeover
May 27 2022