{"id":8269,"date":"2017-07-20T10:08:27","date_gmt":"2017-07-20T14:08:27","guid":{"rendered":"https:\/\/trades.iwopremium.com\/?p=8269"},"modified":"2017-07-20T10:08:27","modified_gmt":"2017-07-20T14:08:27","slug":"proactive-spreads-july-20th-fdx-jpm","status":"publish","type":"post","link":"https:\/\/trades.iwopremium.com\/proactive-spreads-july-20th-fdx-jpm\/","title":{"rendered":"Full Time Profits, July 20th – FDX, JPM"},"content":{"rendered":"

\"\"<\/p>\n

The markets are now short term overbought. The S&P 500 is up 2.7% in the past 2 weeks, while the Nasdaq is up over 5.7%. These are rallies that rarely see continuation without sideways action.<\/p>\n

Odds are, just like all the other “pullbacks” this year, any correction will be sideways and rotational in nature. Which is great for us.<\/p>\n

Trade #1: FDX<\/h2>\n

\"\"<\/p>\n

Looking for a pull into previous support and a rising 50 day moving average. Current trade will be in August, but if we don’t get a fill in the next few days, we’ll adjust the trade to September options.<\/p>\n

Trade Setup<\/strong><\/p>\n

Expected Price: 207<\/p>\n

Sell To Open FDX Aug 200\/195 Put Spread<\/strong><\/p>\n

Tier 1: Open at 0.60, Close at 0.10<\/p>\n

Tier 2: Open at 0.90, Close at 0.60<\/p>\n

Tier 3: Open at 1.20, Close at 0.90<\/p>\n

Trade #2: JPM<\/h2>\n

\"\"<\/p>\n

Pullback to breakout setup. Look for the move sub 90 to start putting on long exposure.<\/p>\n

Trade Setup<\/strong><\/p>\n

Expected Price: 89<\/p>\n

Sell to Open JPM Sep 85\/82.50 Put Spread<\/strong><\/p>\n

Tier 1: Open at 0.35, Close at 0.10<\/p>\n

Tier 2: Open at 0.50, Close at 0.35<\/p>\n

Tier 3: Open at 0.65, Close at 0.50<\/p>\n","protected":false},"excerpt":{"rendered":"

The markets are now short term overbought. The S&P 500 is up 2.7% in the past 2 weeks, while the Nasdaq is up over 5.7%. These are rallies that rarely see continuation without sideways action. Odds are, just like all the other “pullbacks” this year, any correction will be sideways and rotational in nature. Which […]<\/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\/8269"}],"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=8269"}],"version-history":[{"count":1,"href":"https:\/\/trades.iwopremium.com\/wp-json\/wp\/v2\/posts\/8269\/revisions"}],"predecessor-version":[{"id":8275,"href":"https:\/\/trades.iwopremium.com\/wp-json\/wp\/v2\/posts\/8269\/revisions\/8275"}],"wp:attachment":[{"href":"https:\/\/trades.iwopremium.com\/wp-json\/wp\/v2\/media?parent=8269"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/trades.iwopremium.com\/wp-json\/wp\/v2\/categories?post=8269"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/trades.iwopremium.com\/wp-json\/wp\/v2\/tags?post=8269"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}