We’re not looking at any new trades in our Full Time Profits newsletter today.
Why?
Because the market is having the worst selloff this year, and we have a ton of names from previous newsletters that are triggering right now.
If we get more downside, we will pivot to more index plays in SPX and QQQ, but for now, we want to focus on names that are in play right now.
Execute on those, follow the plan, and make sure you have your “scale out” prices ready to go.
Given the volatility, there’s the possibility that the first big bounce won’t be the near term low. Instead we could see a retest, and that could give you the chance to “reload” into the same spreads. That can only happen if you’re scaling out and trading like a market maker.
Below is a full listing of all active trade setups that have been called out in the Month of September.
Active Trades
September 2nd Newsletter
NFLX
Trade Setup
Expected Price: 574.25
Sell to Open NFLX 15Oct21 540/535 Put Spread
Tier 1: Enter at 1.05, Exit at 0.37
Tier 2: Enter at 1.47, Exit at 0.76
Tier 3: Enter at 1.89, Exit at 1.01
Stop Out If Close Under 539.89
XBI
Trade Setup
Expected Price: 130.25
Sell to Open XBI 15Oct21 119/116 Put Spread
Tier 1: Enter at 0.47, Exit at 0.03
Tier 2: Enter at 0.658, Exit at 0.18
Tier 3: Enter at 0.846, Exit at 0.23
Stop Out If Close Under 118.89
September 9th Newsletter
MDB
Trade Setup
Expected Price: 473
Sell to Open MDB 19Nov21 400/390 Put Spread
Tier 1: Enter at 1.75, Exit at 0.34
Tier 2: Enter at 2.45, Exit at 0.94
Tier 3: Enter at 3.15, Exit at 1.23
Stop Out If Close Under 399.89
NVDA – Close to Trigger
Trade Setup
Expected Price: 201
Sell to Open NVDA 15Oct21 180/177.5 Put Spread
Tier 1: Enter at 0.37, Exit at 0.05
Tier 2: Enter at 0.52, Exit at 0.11
Tier 3: Enter at 0.67, Exit at 0.14
Stop Out If Close Under 179.89
September 13th Newsletter
GS
Trade Setup
Expected Price: 384.3
Sell to Open GS 8Oct21 365/360 Put Spread
Tier 1: Enter at 0.94, Exit at 0.24
Tier 2: Enter at 1.316, Exit at 0.57
Tier 3: Enter at 1.692, Exit at 0.76
Stop Out If Close Under 364.89
FYI – the gap down provided much much better fills than what was listed initially.
September 17th Newsletter
FB
Trade Setup
Expected Price: 357.81
Sell to Open FB 15Oct21 340/335 Put Spread
Tier 1: Enter at 0.85, Exit at 0.14
Tier 2: Enter at 1.19, Exit at 0.42
Tier 3: Enter at 1.53, Exit at 0.55
Stop Out If Close Under 339.89
WDAY
Trade Setup
Expected Price: 267
Sell to Open WDAY 19Nov21 240/230 Put Spread
Tier 1: Enter at 1.5, Exit at 0.05
Tier 2: Enter at 2.1, Exit at 0.52
Tier 3: Enter at 2.7, Exit at 0.65
Stop Out If Close Under 239.89
X
Expected Price: 22.61
Sell to Open X 19Nov21 20/18 Put Spread
Tier 1: Enter at 0.49, Exit at 0.23
Tier 2: Enter at 0.686, Exit at 0.41
Tier 3: Enter at 0.882, Exit at 0.56
Stop Out If Close Under 19.89
FYI – the gap down provided much better entry prices