Butterfly Spread Targets 3300 For S&P 500

[The Option Specialist]( --------------------------------------------------------------- [Butterfly Spread Targets 3300 For S&P 500]( With the market in correction, many analysts have a price target of 3300 for the S&P 500. That's equivalent to 330 on the SPDR S&P 500 ETF (SPY). Today we'll structure a butterfly spread option trade centered around the SPY ETF. It profits if the S&P 500 falls to that 3300 level in the next five weeks, down from about 3632 today. A butterfly spread is a limited-risk and limited-profit trade. A typical butterfly spread trade has a higher profit potential than there is for a potential loss. In this butterfly spread example with SPY, it's a lot higher. Placing the trade out-of-the-money lowers the cost and helps make the trade asymmetric with a large profit potential. [More...]( SPONSORED CONTENT [Discover Why the Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New Forecast]( He predicted the 2020 crash a month before it happened... He predicted this year's collapse back in January... And now, he's issuing a brand-new warning - along with a unique solution. [Details here.]( [Reflections..... Inflation Remains Stubborn...8.2%]( After a whip-sawed week of ups and downs, investors and traders were looking for some 'bit' of good news to build some confidence. A positive jobs report showed employers added over 263,000 hires in September, pushing the unemployment rate down to 3.5%, from 3.7%. As this 'good news' is normally a booster for the market, it actually was a 'downer,' as it prompts the Fed to rethink the inflation 'dragon.' Underlying is the ever present concern that more rate increases will ease the U.S. economy into a recession. [Read more...]( [What Is Option Decay?]( Today we are looking at option decay. Option decay is an important concept in trading options. For both options buyers and options sellers, we need to understand how options decay works. [Article continues...]( SPONSORED CONTENT [1-Hour Options: The Ultimate Income Trading System [Free eBook]]( In this eBook, Dave shows you exactly how he, and other traders, enjoy a 94.8% win-rate over the last 727 trades by focusing on high-probability trades. You're typically only in the trade for about 11 hours. And the goal is to make 4%, 5% or 6% on each trade (average has been 5.3%). 5.3% may not seem like a lot. But when you win 94.8% of the time, it adds up quickly! [CLICK HERE for instant access.]( --------------------------------------------------------------- [The Option Specialist]( All content © 2022 The Option Specialist Neptune Ave, 300 Main Street #711, Madison, NJ 07940 USA Welcome to The Option Specialist, an e-mail service that replaces many of our previous alerts. We hope you enjoy it. | [Privacy Policy]( --------------------------------------------------------------- © Copyright 2022 The Option Specialist, All rights reserved. All content made available to you through our services are subject to and protected by copyright. Legal disclaimer: The Option Specialist is strictly a research publishing firm and much of the information we publish in email and our various websites are obtained from sources we believe to be reliable. You should know that accuracy can never be guaranteed. We do not design our content to meet your personal situation & you need to know we are absolutely not financial advisors and we never, under any circumstance give our users personalized advice. Every single opinion we express herein are those of the publisher and are subject to change without notice. Published content may become outdated and there is no obligation to update any such information. Sponsored emails like this in The Option Specialist or our other publications contain paid advertisements and don't necessarily endorse or recommend it to you or any investor. Neither the company nor our affiliates bear responsibility or control over the content of the advertisement and the product or service offered. Proceed at your own risk... If you wish to contact us, please do not reply to this message but instead e-mail us at support@neptuneave.com. Replies to this message may not be read or responded to. We are unable to respond to emails and phone calls requesting personal financial advice. In order to be sure you receive future emails from [The Option Specialist]( please [whitelist our email address]( with your email provider. 300 Main Street #711, Madison, NJ 07940 [Unsubscribe]( - [Unsubscribe Preferences](