Our stocks followed through!

Did you read this mornings report? In it we detailed CAT and the current Options on it. Well we put out money where our mouth is and went live with 3 different types of Options trades on it today
1: Blind Calls
2: Bull Call Spreads
3: Calendar Spreads

This coming Sunday night I’ll break it down play by play so you can see firsthand the power of Options and the extreme benefits you could consider for your personal investing style. This will include the actual trades themselves along with the money.

If you want a sneak peek, here was my real life day today.
Met with some buddies for a thing that was going on
Then met with some childhood friends that are in town for an event ( we had street tacos!! )
So in other words didn’t have to babysit these trades and they still rewarded me handsomely.

The Blind Calls do carry some risk but we did however get in very early as this mornings newsletter shared with the starting points with the ~~Excellent IV rankings offered~~ By entering with the IV so low as it was today it was like getting your favorite meal for 2/3rds off
Bull Call Spreads are made to be either traded, or invested with, either way you still earn knowing your “defined risk” prior to entering and with downside protection
Calendar Spreads are for investing and those that prefer swing trading may find them beneficial with their longer dated time factors.
The Calendar Spreads we entered today carry no downside risk, the only thing we can do is if the current price doesn’t move for the next 5 weeks we would finish flat. How's that for income generation combined with downside protection?

Trade Management is the #1 rule in this game. And these strategies that were implemented today not only produced but offered downside protection in the case of a drawdown

Like I said we will cover all of that on Sunday night

GE, our old friend that we have been talking about for months popped up out of it’s box by over 5% today. About darn time right? 😃 We like those longer timed consolidation zones, as that old adage goes “The longer the base the higher to space”

Today is “Friday the 13th” and I hope that only the best of things occur for you today.
Have a good weekend and we’ll be back on Sunday night

The Options Coach