How to take advantage of other traders' "dumb bets"

This is what it's all about, folks!                                                                                                                                                                                                                                                                                                                                                                                                                 April 08, 2024 | [Read Online]( How to take advantage of other traders' "dumb bets" This is what it's all about, folks!  [Is Bullseye Legit](🤔 I[Â]([3](🎯[’s Daily]( I [Let’s Hunt]( 🏹 I Good evening, Just a note my next [LIVE training in Alpha Hunte](r is tomorrow at 2pm EST. You must be a member to attend! And all of us should be striving to expand our horizons when it comes to trading. Many times, we get complacent and use the same old screeners and techniques we’ve used for years, even though they are not as effective as they once were. Today, I want to go a little deeper with you and teach about one of my favorite options selling techniques – selling put spreads. One of my favorite options selling techniques is selling put spreads. It is surprisingly simple to learn, and when executed correctly, it boasts a remarkably high success rate, making it a potentially lucrative strategy for traders. Here is a great example from a trade I made last week in a live session with my Alpha Hunter members. [You can view it HERE]( (complimentary for now – great lesson if I do say so myself!). One of the best things about Alpha Hunter is that I walk members through live trading examples several times a month and record them so they can re-watch and learn from them. The simple strategy involves just two options trades, both made at the same time. What I am looking for is a very strong stock that has taken a pause in the uptrend. When I think the stock is near the short-term low point, I want to sell a trade to another trader who is making an aggressive bet that the stock will keep going lower. Spoiler alert: Strong stocks typically keep going up. Betting against them is dumb, and I take those trader’s money! Here is a snapshot of the trade and my plan around it: LLY Short Put Spread Trade - Stock: LLY - Trade type: Short put spread - Trade date: Tuesday. April 2 - Strike prices: $750 / 740 - Expiration date: 2023-03-17 - Max profit: $3000 on 10 contracts Chart: Entry signal: - Dark purple hourly bars reversing course into pink Trade rationale: - LLY is one of the strongest stocks over the last year. It is a favorite of mine, and has proven that dips will get bought up at some point - I was not sure when another reversal would send LLY higher again, only that it was likely near a bottom. Selling put spreads does not require knowing when a stock will make a big reversal higher, only when is a good spot for a likely bottom on the stock price - When to make entry – Wait for the dark purple hourly bars to start to reverse course into pink is a good signal that the algo sees a possible trend reversal Trade result: - Half of the trade closed the very next day for a 50% profit, or $1500. - The remainder of the trade is still open and has the potential for either 100% max profit or back to breakeven. Currently, the remaining position is now over 70% of the max profit. While I walked everyone through this trade live while I made it, I try to always send out an app alert update to them when I am exiting trades as well, so they can follow my progress. Here is what Alpha Hunter members saw the very next day… Note: Trading is hard, results not guaranteed and should not be expected to be replicated typically. The first thing I want you to start to study is how to make this type of trade. As I said, it is the foundation of what you need to learn if you are going to start making high-probability options selling trades. This is where you need to start if you want to learn how to take advantage of other traders’ “dumb bets.” There is no better place to learn than directly from me in my [Alpha Hunter service](. I consider this to be one of the greatest values you will ever find as a trader. Think about this… the average price of a simple community college class will cost you more than 2 full years of access to learning directly from me live, daily email communication, and trades delivered to you by app alert. Can you think of many things that have changed your life for the better from a single class you went to? I promise that if you spend some time learning from me and my high-probability strategy for options selling, it will literally change your life. I can’t say that about many things, but this is one thing I am certain of. Right now, [I have dropped the price dramatically](. There is no reason for you to sit on the sidelines and miss out on opportunities like this LLY trade.  They are around us all the time, in any market condition. I think this is the greatest gift the market has given the average trader, yet so few people take advantage of it. Put the power of options selling in your hands. It could be the greatest thing you will ever do. [Upgrade your trading with this very special chance to join Alpha Hunter right now!]( To YOUR success, Jeff Bishop  Questions or concerns about our products? Email Support@ragingbull.com © Copyright 2022, RagingBull  DISCLAIMER To more fully understand any Ragingbull.com, LLC ("RagingBull") subscription, website, application or other service ("Services"), please review our full disclaimer located at FOR EDUCATIONAL AND INFORMATION PURPOSES ONLY; NOT INVESTMENT ADVICE. 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