[RagingBull Elite](
Undefined,
To trade options, or not to trade options, that is the question...
While many of our pro traders are having success trading options right now, allow us to share one reason to avoid trading options in this market environment.
Afterward, we want to reveal [how Jason Bond is trading stocks (not options)]( to great success with the following considerationâ¦
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Jason leaks his stock watchlist FOR FREE in a LIVE presentation on Sunday. [CLICK HERE to get access.](
During bear markets when investors believe equity prices will decline over time, implied volatility starts to heat up.
Thatâs because investors consider bear markets undesirable and higher risk, so we start to see larger price swings, both up and down.
Penn National Gaming, for example, recently announced that it would suspend all operations at Tropicana Las Vegas, The M Resort, and Cactus Petes â as well as 34 properties across the country â for 30 days due to the coronavirus outbreak.
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When implied volatility goes up in stocks like PENN, the prices of the options are affected.
The higher the implied volatility, the greater the option price movement we can expect â and in the case of PENN, the prices of its options literally went through the roof!
Hereâs a look at a PENN put option, which just yesterday was the stock option with the second-highest implied volatility of as much as 454.68%.
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The cost of trading options on stocks like PENN becomes so high, itâs literally a foolâs errand.
So while some traders were buying expensive put options on PENN, struggling to get a dime from the play, Jason Bond took big profits on a regular stock play in PENN.
The stock turned out to be a massive short squeeze, as short-sellers were forced to cover their positions and the stock rocketed upwards.
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Jason got in at $4 and out at $5.10 â and while he wasnât able to capture to the full extent of the move, he managed to bag a nice 25% gain.
Hereâs a look at the PENN position he closed out on Thursday for over $4,500 in profits.
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[By joining Jason LIVE this Sunday,]( youâll be able to catch a glimpse of the stock watchlist â featuring other potential plays just like this â which heâs giving away for FREE just for attending.
And thatâs just one of a handful of other free booty â [including his best selling book, a millionaire meet and greet, and a part-time trading blueprint](â youâll get when you sign up today.
Keep in mind, the PENN play Jason made was just one of four trades he closed out on Thursday, all of them successful.
Hereâs a look at his other winners that day:
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[Sign up to get Jasonâs watchlist here.](
[Donât miss his next crucial LIVE event where he goes UNCHAINED.](
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[Make 30%+ on the Hardest-Hit Days](
[Since the Great Depression](
By Ben Sturgill of Daily Profit Machine
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[How I Pull Big Gains (Over $1,000) With](
[Just One Trade Every Friday](
By Jeff Williams of Penny Pro
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[My 80% Win in Zoom and Another](
[Remote-Work Trade Iâm Eying](
By Ben Sturgill of IPO Payday
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To your success,
The RagingBull.com Team
RagingBull, LLC
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