Optik Gains 17% on SPY

September 1, 2018

 

We issued an alert on the Spyder ETF (SPY) this past week where we entered a put position and had a return of 17%.   However, we were down nearly 50% on this option but held fast for the turn and made a solid profit.  We are working on new paradigms to develop better gains.  

 

We are entering a volatile period with October being historically the most volatile.  So we are anticipating a dip in the markets and the an end of year rally - aka the Santa Claus Rally.

 

Markets are at historic highs.  September has been the worst month for the Dow Jones Industrial Average and the broader S&P 500 since 1950, according to data from "Stock Trader's Almanac."

 

 

 

 

 

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