Right At Support, It’s Not Too Late For You

Guys and gals, do I have a SPECIAL treat for you! I know that you’ve been looking for guidance in this market, so I am going to let you in on my LATEST trade idea here today. Now, headed into Wednesday I’m on a 5 trade win streak. As a result, the $2,000 that I started on this Journey with has now grown to $4,644 or 132%. And like I always do, I am in these trades with my own money. You see, there’s something to be said about a guru that actually puts his or her own money on the line. Not only that, but the value of a service that you are thinking of spending your hard-earned money on increases even more when that guru is trading with you LIVE, each and every day. Just take one glimpse at the [Member Dashboard]( of my Small Account Journey trading service, and you’ll see that it’s all about FULL TRANSPARENCY and access. Everything you need to stay informed and engaged is RIGHT THERE for you to access. Whether it be the status of my latest trades, on-demand educational content, or non-stop access to a community of retail traders and expert moderators, my members have EVERYTHING a retail trader would ever need to [get back on track]( to becoming a successful trader.   So what's my latest trade, and what’s so special about the way I’ve been able to grow my small account in such a short period of time? Well, I am now bullish TSLA, but the secret to my success lies in the fact that I am using a VERY SIMPLE vertical spread for this trade. Without getting too far into the weeds, the Short Put Spread I am about to show you is so simple because it involves selling 1 put and buying 1 put, WITH THE SAME EXPIRATION. Here’s a quick example of how I am playing my TSLA long. If at any time you feel you want to learn more about this incredible strategy, I encourage you to come join me [here](. You see, TSLA has been trending higher in recent weeks, and Tuesday’s price action saw it hold two key levels of support…the rising 50-day moving average (DMA) and the 03/20 to 03/21 gap. Not only that, but momentum, in the form of the widely followed RSI indicator (see top panel of chart above), seems to be transitioning into a bullish regime as it holds above the 40 level. Could I have purchased call options to express my bullishness here? Sure, but just purchasing calls, especially those out-of-the-money calls that have become so popular, is a LOW probability trade. Instead, I have an open short put vertical on TSLA which is neutral-to-bullish. This means that as long as the stock stays above a key level I am about to show you, I’ll be able to close TSLA for another win. Notice what I just said there, “as long as the stock stays above a key level.” That’s the secret! You see, rather than needing TSLA to start rallying soon and by a large enough amount to overtake the time decay (Theta) that kills straight call purchases, TSLA can simply move sideways above my key level and still remain profitable. Here’s the trade: I Sold -15 of the 6 APR 23 $187.50 put at $6.37 I Bought +15 of the 6 APR 23 $182.50 put at $4.62 Before we continue, notice that put spread contains 1 short put and 1 long put, of the same expiration. Easy, right? Now, since I sold higher the priced put ( -15 of the 6 APR 23 $187.50 put) I collected a large $6.37 credit (I was the seller of that option), and since I bought the lower priced put (+15 of the 6 APR 23 $182.50 put) I paid a debit of $4.62. Do the simple math and you’ll see that the net credit I stand to collect on this trade is: $6.37 - $4.62 = $1.75 Now, ready for the CRITICAL breakeven level? It too is simple…since the breakeven stock price at expiration = Strike price of short put (the higher $187.50 strike) minus net premium received ($1.75). In this example: $187.50 - $1.75 = $185.75 share price. When visualized, it looks like this: Notice anything special about that breakeven price of $185.75? You got it, it is right in line with the all-important 50-DMA which has been acting as support lately. The best part??? Say it with me…as long as the stock price stays above that $185.75 through expiration, I’ll close with a profitable trade. Now, the other good part is that I can close this trade at any time. My exit goal is 50% profit. With each minute, hour, and day that passes, this spread trade stands to make money as long as it stays above that breakeven level. No more sitting around, angrily yelling at your screen for the stock price to rally NOW so that your straight calls wither to nothing. Just like anything that’s worth doing in life, this type of trading takes a little bit of practice. But I PROMISE you, it’s a really fun strategy to learn. I mean, just watching time be on your side might be the best past of it all. Guys and gals, my [Small Account Journey]( is the PERFECT place for you to start. And right now, we are about to get into the MEAT of our training, so it’s the perfect time to join the Journey. 🥩 I have designed my curriculum to incorporate the teachings of a man who has spent his career teaching the BIGGEST traders how to improve their trading psychology. Yep!!! I am teaching up to page 189 from the HUGELY popular trading book, Trade In The Zone by Mark Douglas.  Look, if you can honestly tell me that you have your trading psychology mastered, and that you are making efficient, well-timed decisions on a day-to-day basis [WITH CONFIDENCE](, then you are a better man than I. Now, I know there are a lot of you out there that truly want to become ZEN in your trading, being able to operate in any environment and never second guessing yourself. 👉 I am just tickled that my members are benefiting from my hard work and dedication, and here’s what they have been saying recently: With this vertical spread strategy, you can harness the power of volatility and time. 🎁 For a limited time, I am lowering the barrier to entry with an incredible [38% discount]( off the original PREMIUM price. AND I am offering the opportunity to [renew for a full year]( for JUST $1. 🎁 You know how fast time flies these days…and if the reviews are this good, your second AMAZING year of LIVE training will be here before you know it. As a former New York State school teacher, I know how to make my lessons fun and engaging. And if your schedule is a bit hectic, DON’T WORRY because I deliver my [Small Account Journey]( lessons in the following formats: Weekly Live Trading Sessions These sessions allow you to see my strategies in action and receive additional market analysis directly from Jason. Trade Alerts The market waits for no one. You’ll be sent trade alerts directly to your smartphone device whenever a trade is opened or closed. Interactive Q&A Sessions During these Q&A sessions, you’ll have the unique opportunity to get your trading questions answered in real-time. Updated Trade Spreadsheet Stay on top of what trades are open and closed, so you never miss a beat. And the best part? I am trading right alongside you with REAL MONEY! Yes, for all of these recent wins I used my own trading account. [Check out this limited time offer HERE!]( So consider this my invitation to you to join with me, a seasoned market veteran and educator, as we navigate the ups and downs of the market together. 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