MTM Options Trader Newsletter - Is 2022 Your Option Trading Breakthrough Year?

[image]() [image] This Week in the Market The market got hammered last week and bullish traders and investors were not pleased as all the major indexes cooled off in an aggressive way. Continued worries over inflation, what the Federal Reserve is going to do and the threat of Russia invading Ukraine kept buyers at bay. That was too much for market participants to digest apparently, and those issues will carry over into this week. The S&P 500 is fighting to hold its 200-day moving average (and currently losing), which is a level it had not tested since June 2020. As you might have expected with the decline in stocks, implied volatility levels have ripped higher. Speaking of the Federal Reserve, members will most likely raise rates on Wednesday, but will it be 25, 50 or more basis points higher? Obviously, that decision could cause more volatility up to and after the announcement on Wednesday afternoon. In addition, several other important economic reports are due out this week with many listed below. Quarterly earnings will continue to accelerate this week with several big-name stocks like Apple and Tesla expected to release. Stay disciplined and focused, and remember that there is nothing wrong with sitting on your hands if you don’t think you have an edge. Have a healthy and happy week! Jan 25: Consumer Confidence Jan 26: Trade in Goods Jan 26: New Home Sales Jan 26: FOMC Announcement Jan 27: Jobless Claims Jan 27: GDP Jan 27: Durable Goods Jan 27: Pending Home Sales Jan 28: Personal Income and Spending [Read Our Blog](=) Is 2022 Your Option Trading Breakthrough Year? Just like the beginning of any sports season with teams at 0 wins and 0 losses, there is optimism among option traders right now that this will be “the year.” Of course, if a sports team is not any good, we usually know what will happen. As an option trader who may have been struggling for a while, you might have made the promise to yourself that this will be the year things turn around. It certainly could be, but you obviously need to change what you have been doing if it hasn’t worked thus far. [Continue Reading ...](=) MTM Watchlist Here are several trade ideas we will look at this week in group coaching class: SPY – Directional butterflies will be considered either above or below the 200-day moving average depending on early price action. GS – After getting pounded lower the last several sessions including over earnings, shares have been fighting to hold the $350 level. Potential calendars around that level will be explored. MARA – Bitcoin has gotten hammered for several months and there might be more left to the downside. Additional bear put spreads will be examined. [image] Dominate the Market This Earnings Season Are you ready to learn to spot bankable earnings trades, set them up with our easy-to-follow process and know exactly when to take them off to maximize your returns? Imagine... - No more missing out on $1,000s of revenue - No more sleepless nights worrying about "what you could have done" - No more grasping at straws, "trying stuff" to see what works If you want to finally have control, even in the craziest markets, this is the first step! You'll have everything you need and be fully supported throughout this program to take advantage of this complete Earnings Trading training package. Join today and get the Total Earnings Domination package for 93% off the regular price! [Start Now](=) Last chance! This offer expires at 12 p.m. Central, Monday, Jan. 24. The strategies in this newsletter are for educational and informative purposes only. All information disclosed in this newsletter should not be considered complete in its entirety. Market Taker Mentoring, Inc. will not be held responsible for changes, oversights, errors or omissions. Dates, prices, news and other information may not be accurate. Please verify all information before trading. You alone are responsible for your own investment decisions. Options involve risk and are not suitable for all investors. Before trading options, please read Characteristics and Risks of Standardized Option (ODD), which can be obtained from your broker; by calling (888) OPTIONS; or from The Options Clearing Corp., 125 S. Franklin St., Suite 1200, Chicago, IL 60606. No statement in this newsletter is intended to be a recommendation or solicitation to buy or sell any security or to provide investment or trading advice. Traders and investors considering options should consult a professional tax advisor as to how taxes may affect the outcome of contemplated options transactions. Copyright Market Taker Mentoring, Inc. 2008 - 2022. All rights reserved. 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