Selling $EEM Call Options For A Quick 30% Gain Today

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Two days ago, we notified you in this post of Dr. Jack’s swing trade buy entry into $EEM and $EEM call options.

Since I promised the trade would be tracked in real-time, here is a quick follow-up on the trade (hint: It’s boring, but winning).

Dr. Jack Loftis
November 16, 2017

Doubled down on EDC per our strategy yesterday.

Today, we are celebrating a +4% profit on a two-day trade, to which I had committed fully 10% of my total account.

By today’s close, we will be locking in profits on $EDC (leveraged version of $EEM).

We also will lock in a handy-dandy gain of approx. +30% on the equivalent $EEM call options trade.

The daily chart of $EEM below shows the big jump today:

If you’re a current subscriber, check out how our other current trades in $FAS, $XIV, etc. are also doing today.

In my next guest blog post, I will do a more detailed walk-through of this winning ETF trade.

Keeping it “boring” but winning,

Jack Loftis, PhD | founder


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Deron Wagner

Deron Wagner is a professional trader, author of several ETF trading books, and the Founder of Morpheus Trading Group. Since 2002, he has been sharing his proven swing trading strategy with thousands of traders around the world. He has appeared on CNBC, ABC, and Yahoo! Finance Vision television networks, and is a frequent guest speaker at various global investing conferences.

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  • Thanks Deron and Dr. Jack. I tweaked this trade slightly from Dr. Jack's entry/exit and bought the full amount of the 3x EDC on 11/15 @ $110.89. Since I thought it had more room to run, I only sold half on 11/17 @ 120.51 for about an 8.5% gain. I'm currently up over 14% on the remainder. Signed up for the trial.

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