These Butterflies Made 183%, 250%, and 281%

Dear Profit Takeover reader,

Today we were lucky to have a full hour for the Profit Takeover show…

If you missed our live show, don’t worry – you can watch the replay right here:

Here’s what some folks had to say about my explanation of butterfly trades:

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 –

And the good news is, you can learn these trades like a skill – and you can take time to practice them in a paper account so you DON’T have to risk your hard-earned cash as you get comfortable.

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:

Profit Revolution traders opened the put butterfly for $2 at 3:01 p.m.

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

Which means a weighted gain of +281% in 59 minutes!

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…

Time is not on your side.

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.

Or if you are curious to learn more – check this out.

Until next time,

Mark Sebastian
Founder, Profit Takeover

Voz Crowns The Winner Tomorrow

If you want to see me win against other Money Morning Live traders…

Don’t miss Olivia Voz’s event to find the best trade of the day…

Voz herself will crown the winner –

Tomorrow, May 26th at 1:00 p.m. (ET) – add it to your calendar.

Reserve your seat here.

THIS WEEK’S SCHEDULE (ET)

Thursday 5/26: 11:00 – 11:30 am No Profit Takeover

Friday 5/27: 9:30 – 10:00 am Profit Takeover

TODAY’S WATCHLIST

1. Exxon Mobil Corp (NYSE:XOM)

XOM is blowing higher…

It is now trading at $95.74 –

Image from wallstreet.io

XOM is heading for $100… if you aren’t already long, look for a cheap call here.

2. Apple Inc (NASDAQ:AAPL)

AAPL is a bit stuck…

It’s currently trading at $141.01 –

Image from wallstreet.io

IV is still cheap, so once AAPL makes a major move, I will jump in…

3. Intel Corporation (NASDAQ:INTC)

INTC is going to bounce…

It is currently trading at $41.83…

Image from wallstreet.io

Since IV is low, I would consider going long if we see confirmation of a bounce here.

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