Here are the details of the trades that I discussed in our premium member chat.
As a reminder, whenever I’m considering a trade, I announce it via the chat function in the Substack app. Be sure to turn on notifications so that you don’t miss an alert.
I use the chat feature for 3 reasons:
The app (with notifications turned on) ensures you see my trade alerts in real time. You’ll know when and why I’m considering a trade before I even place it. This lets you conduct your own research to see if a similar trade is right for you.
The chat reduces the number of emails you receive from me without sacrificing content.
It gives you the opportunity to post questions or comments.
Mimic this trade with paper money
You can also mimic all my trades (and any other trade) without risking any money by paper trading. If you’re new to options or just want to practice without taking any risk, I highly recommend this approach.
I explain how to do this in this video:
Opening trade details:
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