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Dow Jones closed -0.84%
S+P 500 -1.57%
NASDAQ -2.15%

The Strangles that we placed this morning worked out well
That strategy continues to work for us in this market environment
Tomorrow morning I will revisit it sending out some fresh plays

COST is our biggest winner again today
I you are a new reader here at theoptionscoach.net welcome, we’re all glad that your here. The strategy we have been utilizing as of late is Non Directional…
We have been using Strangles, what that strategy thrives off of is the Volatility like we have been having here as of late

For illustration purposes here is how one of our COST plays did today
As said this morning I was assertive today, I placed several trades today
Those 2 went together to create one of our Strangles
So for every $52.00 I lost per contract on the Call side
I gained $959.00 per contract on the Put side
That is per contract

Once the market does eventually stabilize ( When it does ) we will go back to put and call spreads for reduced exposure as well as profit generation
As well as Blind Calls and puts also



Most likely I will be stepping away for a couple / few days sometime soon as to attend to an immediate family members medical care. I don’t see that happening yet, but if it does and I’m gone for a couple of days you now know why

If I’m not able to write while this is going on I will be back with the free daily newsletter shortly. So don’t go anywhere, I’ll be right back

The Options Coach