{"id":8523,"date":"2017-09-11T14:16:40","date_gmt":"2017-09-11T18:16:40","guid":{"rendered":"https:\/\/trades.iwopremium.com\/?p=8523"},"modified":"2017-09-11T14:19:07","modified_gmt":"2017-09-11T18:19:07","slug":"proactive-spreads-september-11th-2017-gld-dis","status":"publish","type":"post","link":"https:\/\/trades.iwopremium.com\/proactive-spreads-september-11th-2017-gld-dis\/","title":{"rendered":"Full Time Profits, September 11th 2017 – GLD, DIS"},"content":{"rendered":"

\"\"<\/p>\n

After 2 months of reversion, the markets are experiencing a “gap and go” to the upside. If we take the past month’s range as our projected targets, then 255 should be the “upper bounds” for near term action.<\/p>\n

Overall market looks very strong, and until evidence to the contrary, most of your trades should be long biased. We’ll be looking for pullbacks in individual names when weakness finally shows up. In the meantime, we’ll look at a pb2bo in GLD and a parabolic long in DIS.<\/p>\n

 <\/p>\n

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

\"\"<\/p>\n

Looking for gold to fade into the pivot level of 125, which will also have the rising 20 day moving average there for support.<\/p>\n

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

Expected Price: 124.50<\/p>\n

Sell to Open GLD Oct 122\/119 Put Spread<\/strong><\/p>\n

Tier 1: Enter at 0.45, Exit at 0.10<\/p>\n

Tier 2: Enter at 0.60, Exit at 0.45<\/p>\n

Tier 3: Enter at 0.75, Exit at 0.60<\/p>\n

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

\"\"<\/p>\n

DIS had a nasty earnings gap, then more downside on news of a streaming service that has investors spooked. I’m looking for a push to new marginal lows, which will provide a momentum divergence.<\/p>\n

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

Expected Price: 95.99<\/p>\n

Sell to Open DIS Oct 92.50\/90 Put\u00a0Spread<\/strong><\/p>\n

Tier 1: Enter at 0.45, Exit at 0.10<\/p>\n

Tier 2: Enter at 0.60, Exit at 0.45<\/p>\n

Tier 3: Enter at 0.75, Exit at 0.60<\/p>\n","protected":false},"excerpt":{"rendered":"

After 2 months of reversion, the markets are experiencing a “gap and go” to the upside. If we take the past month’s range as our projected targets, then 255 should be the “upper bounds” for near term action. Overall market looks very strong, and until evidence to the contrary, most of your trades should be […]<\/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\/8523"}],"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=8523"}],"version-history":[{"count":3,"href":"https:\/\/trades.iwopremium.com\/wp-json\/wp\/v2\/posts\/8523\/revisions"}],"predecessor-version":[{"id":8529,"href":"https:\/\/trades.iwopremium.com\/wp-json\/wp\/v2\/posts\/8523\/revisions\/8529"}],"wp:attachment":[{"href":"https:\/\/trades.iwopremium.com\/wp-json\/wp\/v2\/media?parent=8523"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/trades.iwopremium.com\/wp-json\/wp\/v2\/categories?post=8523"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/trades.iwopremium.com\/wp-json\/wp\/v2\/tags?post=8523"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}