{"id":11079,"date":"2018-06-25T08:41:15","date_gmt":"2018-06-25T12:41:15","guid":{"rendered":"https:\/\/trades.iwopremium.com\/?p=11079"},"modified":"2018-06-25T08:41:15","modified_gmt":"2018-06-25T12:41:15","slug":"proactive-spreads-june-25th-2018-wynn-gs","status":"publish","type":"post","link":"https:\/\/trades.iwopremium.com\/proactive-spreads-june-25th-2018-wynn-gs\/","title":{"rendered":"Full Time Profits, June 25th, 2018 &#8211; WYNN, GS"},"content":{"rendered":"<p><img decoding=\"async\" loading=\"lazy\" width=\"762\" height=\"530\" class=\"size-full wp-image-11080  aligncenter\" src=\"https:\/\/trades.iwopremium.com\/wp-content\/uploads\/2018\/06\/img_5b30dd8538eb5.png\" alt=\"\" srcset=\"https:\/\/trades.iwopremium.com\/wp-content\/uploads\/2018\/06\/img_5b30dd8538eb5.png 762w, https:\/\/trades.iwopremium.com\/wp-content\/uploads\/2018\/06\/img_5b30dd8538eb5-300x209.png 300w\" sizes=\"(max-width: 762px) 100vw, 762px\" \/><\/p>\n<p>After finding 2800, the markets are seeing a pullback.<\/p>\n<p>So far, this pullback is rotational, sideways, and healthy. Buyers are still in control, unless 2700 is finally taken out.<\/p>\n<p>When it&#8217;s rotational, that means that some stocks are still looking hot, and then others are trading like hot garbage. Other than that there really isn&#8217;t much to say about this market. I&#8217;m sure I could spin some tale about trade and tarriffs and China so I could sound really smart.<\/p>\n<p>Let&#8217;s keep it simple. Two levels. 2800 and 2700. The longer we stay above 2700, the higher the odds of market continuation higher.<\/p>\n<p>Today, we&#8217;ll be looking at stocks that have hit our price levels, but the option spreads need to be updated.<\/p>\n<h2 style=\"text-align: center;\">Trade #1: WYNN<\/h2>\n<p>&nbsp;<\/p>\n<p id=\"jPXvTuD\"><img decoding=\"async\" loading=\"lazy\" width=\"743\" height=\"529\" class=\"size-full wp-image-11081  aligncenter\" src=\"https:\/\/trades.iwopremium.com\/wp-content\/uploads\/2018\/06\/img_5b30ddeb8beb8.png\" alt=\"\" srcset=\"https:\/\/trades.iwopremium.com\/wp-content\/uploads\/2018\/06\/img_5b30ddeb8beb8.png 743w, https:\/\/trades.iwopremium.com\/wp-content\/uploads\/2018\/06\/img_5b30ddeb8beb8-300x214.png 300w\" sizes=\"(max-width: 743px) 100vw, 743px\" \/><\/p>\n<p>WYNN finally got that second push lower we&#8217;d been looking for since June 7th. We need to shift the trade from Jul to Aug options.<\/p>\n<p><strong>Trade Setup<\/strong><\/p>\n<p>Expected Price: 172<\/p>\n<p><strong>Sell to Open WYNN Aug 150\/145 Put Spread<\/strong><\/p>\n<p>Tier 1: Enter at 0.75, Exit at 0.25<\/p>\n<p>Tier 2: Enter 1.05, Exit at 0.55<\/p>\n<p>Tier 3: Enter at 1.35, Exit at 0.85<\/p>\n<p>&nbsp;<\/p>\n<h2 style=\"text-align: center;\">Trade #2: GS<\/h2>\n<p id=\"isLDwEr\"><img decoding=\"async\" loading=\"lazy\" width=\"759\" height=\"555\" class=\"size-full wp-image-11082  aligncenter\" src=\"https:\/\/trades.iwopremium.com\/wp-content\/uploads\/2018\/06\/img_5b30de1d68e21.png\" alt=\"\" srcset=\"https:\/\/trades.iwopremium.com\/wp-content\/uploads\/2018\/06\/img_5b30de1d68e21.png 759w, https:\/\/trades.iwopremium.com\/wp-content\/uploads\/2018\/06\/img_5b30de1d68e21-300x219.png 300w\" sizes=\"(max-width: 759px) 100vw, 759px\" \/><\/p>\n<p>We&#8217;ve been watching this one since May 29th, and looks about ready to head to our price target.<\/p>\n<p><strong>Trade Setup<\/strong><\/p>\n<p>Expected Price: 221<\/p>\n<p><strong>Sell to Open GS Aug 205\/200 Put Spread<\/strong><\/p>\n<p>(I&#8217;m not sure on the pricing on this one, because the bid\/ask into the close on Friday wasn&#8217;t clean. Ask was way too high so I&#8217;m putting a best guess out. If anything, wait for the stock to tag 221 and then figure out the pricing.<\/p>\n<p>Tier 1: Enter at 0.70, Exit at 0.20<\/p>\n<p>Tier 2: Enter at 1.00, Exit at 0.50<\/p>\n<p>No Tier 3 (Earnings)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>After finding 2800, the markets are seeing a pullback. So far, this pullback is rotational, sideways, and healthy. Buyers are still in control, unless 2700 is finally taken out. When it&#8217;s rotational, that means that some stocks are still looking hot, and then others are trading like hot garbage. Other than that there really isn&#8217;t [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_bbp_topic_count":0,"_bbp_reply_count":0,"_bbp_total_topic_count":0,"_bbp_total_reply_count":0,"_bbp_voice_count":0,"_bbp_anonymous_reply_count":0,"_bbp_topic_count_hidden":0,"_bbp_reply_count_hidden":0,"_bbp_forum_subforum_count":0,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":""},"categories":[24],"tags":[],"_links":{"self":[{"href":"https:\/\/trades.iwopremium.com\/wp-json\/wp\/v2\/posts\/11079"}],"collection":[{"href":"https:\/\/trades.iwopremium.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/trades.iwopremium.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/trades.iwopremium.com\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/trades.iwopremium.com\/wp-json\/wp\/v2\/comments?post=11079"}],"version-history":[{"count":1,"href":"https:\/\/trades.iwopremium.com\/wp-json\/wp\/v2\/posts\/11079\/revisions"}],"predecessor-version":[{"id":11083,"href":"https:\/\/trades.iwopremium.com\/wp-json\/wp\/v2\/posts\/11079\/revisions\/11083"}],"wp:attachment":[{"href":"https:\/\/trades.iwopremium.com\/wp-json\/wp\/v2\/media?parent=11079"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/trades.iwopremium.com\/wp-json\/wp\/v2\/categories?post=11079"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/trades.iwopremium.com\/wp-json\/wp\/v2\/tags?post=11079"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}