Member’s Video for Tuesday, October 10th, 2017

Despite the Columbus holiday and bond market closed, we did see a little bit of volatility including an outside reversal bar in the consumer discretionary sector. We laid out new positions in SPX and TSLA to capture more option decay in these quiet, pre-earnings markets.

Also, we are launching a MotiveWave beta program for a new offering. If you would like to help in the testing, please email me @ todd@tradinganalysis.com. Thanks!

Trades Issued Monday:


1) **New Trade Alert – SPX Income Fly. Tier 3 Full Size** BUY +1 BUTTERFLY SPX 100 15 DEC 17 2575/2525/2440 PUT @4.80 LMT. In the Dec 15 monthly SPX options, sell 2 of the 2525 puts, buy 1 of the 2575 puts, and 1 of the 2440 puts. Total debit should be $4.95 or less. -TG-
2) **New Trade Alert – TSLA Put Butterfly – Tier 4 Full Size** BUY +1 BUTTERFLY TSLA 100 (Weeklys) 3 NOV 17 380/350/315 PUT @7.65 LMT . In the 3 NOV weekly options, sell 2 of the 350 puts, buy 1 put at 380 and 1 put at 315 for a debit not more than $7.85. This is a pre-earnings high implied volatility trade. -TG-

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Todd’s Trading Lifestyle Vlog #33 – For Trading, FORGET What You Learned In College

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