On demand: Intro to futures trading

And Tuesday's JBP plan

Good morning, Jason Bond here.

Congratulations to Taylor Conway whose lifetime gains have surpassed well over $5 million (2016 - YTD). His results aren’t typical, but I believe this is why you should learn from him. I sat down with the 32-year-old trader Monday for a lesson in futures trading. Watch the on demand replay before I interview Taylor again, Wednesday at 1pm, in our community chat room. Wednesday’s topic is a deep dive into Taylor’s futures strategy. The awesome thing about futures is the PDT rule does not apply. 

3 for 3 on UVXY put options Monday and $1,560 in gains. UVXY decays over time because of contango. Making the put options a high probability trade into most spikes.

Results not typical. Trading is hard. Nothing guaranteed and you shouldn’t expect to replicate results.

I’m in KXIN at $1.65 from Monday and looking for $1.90’s to low $2’s Tuesday. 

LIAN +2% with range to $6 and EPIX +9% with range to $10 are a few breakouts I’m stalking. 

Let’s add VACC to this list and track it above $4 for a move to $6. 

UVXY puts will work again with a range down to $13 support. I’ll look for a spike to $18-$19 and enter $17-$17.50 puts again expiring this or next Friday. 

I’ll be watching TSLA this week for bullish flow. This pullback is overdone and due for a bounce. I like the $200 calls for the end of November. Remember, Cybertruck delivers start in November. Big bull put spreads make sense too. 

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The economic calendar is busy Tuesday through the weekend. Wednesday’s rate decision and Powell’s press conference will move the markets. 

RED ALERT! 100 26 seats left in Jeff Bishop’s Alpha Hunter sale. Offer ends Wednesday at 4 pm. Subscribe here before he alerts any of his November trades.

Jason Bond