New Money Link Trade Alert:
If you're new to Money Link or have any questions about how to allocate stock positions vs. options or how to execute Money Link trades, watch this video first.
Hey guys,
This morning, we’re going to exit trades for a massive profit and enter some new ones.
I’d love to know how you did on these trades and any other feedback you may have. If you would please take a moment and complete this brief survey, you’ll continue to help Money Link service get even better.
And keep an eye on your inbox. I’ll have another new trade for you tomorrow or Wednesday, along with a video explaining these trades for today.
Here are our exits:
COVER SELL TLT at $165 or HIGHER.
COVER BUY XOP at $51 or LOWER.
And for the Options Play:
COVER SELL TLT US 7/17/20 $159 CALLS at $7 or HIGHER.
COVER SELL XOP US 7/17/20 $70 PUTS at $20 or HIGHER.
And another exit:
SELL LONG JPM at $95 OR HIGHER.
(We were already stopped out of our DB Short on Friday 7/10.)
The options exit:
Exit JPM US 7/17/20 $95 CALLS at $3 or HIGHER.
Here's an Options Trade:
As I still believe in the CGC/MO Money Link, here’s a new options
play.
BUY LONG CGC 8/21/20 $17.5 CALLS at $2 or LOWER.
BUY LONG MO 8/21/20 $40 PUTS at $2.20 or LOWER.
And we have a new Core Portfolio Trade:
BUY LONG MS at $53.50 or LOWER.
SELL SHORT HSBC at $23.05 or HIGHER.
And the Options Play:
BUY LONG MS 8/21/20 $50 CALLS at $4.10 or LOWER.
BUY LONG HSBC 9/18/20 $23 PUTS at $1.60 or LOWER.
Be on the lookout for my next trade… and don’t forget to take this quick survey!
It’s important to execute both sides of the link at the same time and to respect the limit levels mentioned above -- never chase a trade.
LFG!
Jeff Zananiri
Joy of the Trade