Selling $EEM Call Options For A Quick 30% Gain Today
Two days ago, we notified you in this post of Dr. Jack’s swing trade buy entry into $EEM and $EEM call options.
Since I promised the trade would be tracked in real-time, here is a quick follow-up on the trade (hint: It’s boring, but winning).
Dr. Jack Loftis
November 16, 2017
Doubled down on EDC per our strategy yesterday.
Today, we are celebrating a +4% profit on a two-day trade, to which I had committed fully 10% of my total account.
By today’s close, we will be locking in profits on $EDC (leveraged version of $EEM).
We also will lock in a handy-dandy gain of approx. +30% on the equivalent $EEM call options trade.
The daily chart of $EEM below shows the big jump today:
If you’re a current subscriber, check out how our other current trades in $FAS, $XIV, etc. are also doing today.
In my next guest blog post, I will do a more detailed walk-through of this winning ETF trade.
Keeping it “boring” but winning,