{"id":8985,"date":"2017-11-09T16:35:28","date_gmt":"2017-11-09T20:35:28","guid":{"rendered":"https:\/\/trades.iwopremium.com\/?p=8985"},"modified":"2017-11-09T16:35:28","modified_gmt":"2017-11-09T20:35:28","slug":"proactive-spreads-november-9th-2017-jpm-ba","status":"publish","type":"post","link":"https:\/\/trades.iwopremium.com\/proactive-spreads-november-9th-2017-jpm-ba\/","title":{"rendered":"Full Time Profits, November 9th 2017 – JPM, BA"},"content":{"rendered":"

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Sellers showed up briefly today… people are blaming the yield curve flattening and a tax deal that fell through yet to me it is just the reintroduction of a rotational correction in the overall markets. The first major level I’m watching is the 20 day moving average, currently around 2570. The key level on the S&P under that is 2540… if we lose that then we’ll have confirmation of a break in trend.<\/p>\n

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

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Looking for a pullback into the 50 day moving average and the previous breakout range.<\/p>\n

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

Expected Price: 96<\/p>\n

Sell to Open JPM Jan 90\/87.50 Put Spread<\/strong><\/p>\n

Tier 1: Enter at 0.44, Exit at 0.05<\/p>\n

Tier 2: Enter at 0.59, Exit at 0.20<\/p>\n

Tier 3: Enter at 0.74, Exit at 0.40<\/p>\n

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

\"\"<\/p>\n

The stock has been quiet for a very, very long time. I’m looking for a “rug pull” to the previous range. From there buyers should step in and curb selling. If the stock doesn’t see that sellof and just rips higher, then it’s a no-trade.<\/p>\n

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

Expected Price: 247<\/p>\n

Sell to Open BA Jan 225\/220 Put Spread<\/strong><\/p>\n

Tier 1: Enter at 0.60, Exit at 0.10<\/p>\n

Tier 2: Enter at 0.90, Exit at 0.40<\/p>\n

Tier 3: Enter at 1.20, Exit at 0.70<\/p>\n","protected":false},"excerpt":{"rendered":"

Sellers showed up briefly today… people are blaming the yield curve flattening and a tax deal that fell through yet to me it is just the reintroduction of a rotational correction in the overall markets. The first major level I’m watching is the 20 day moving average, currently around 2570. The key level on the […]<\/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\/8985"}],"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=8985"}],"version-history":[{"count":2,"href":"https:\/\/trades.iwopremium.com\/wp-json\/wp\/v2\/posts\/8985\/revisions"}],"predecessor-version":[{"id":9062,"href":"https:\/\/trades.iwopremium.com\/wp-json\/wp\/v2\/posts\/8985\/revisions\/9062"}],"wp:attachment":[{"href":"https:\/\/trades.iwopremium.com\/wp-json\/wp\/v2\/media?parent=8985"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/trades.iwopremium.com\/wp-json\/wp\/v2\/categories?post=8985"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/trades.iwopremium.com\/wp-json\/wp\/v2\/tags?post=8985"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}