Aggressive Entry in Gold
In tonight’s video, we talk about an aggressive entry that setup in the Gold futures, allowing us to pull out more than +10.3 points over our two contracts.
Gold fell perfectly into our Volatility Box clouds, and we had our Dynamic RSI candles change from red, to orange, to green, giving us the go-ahead signal to take the trade.
Fading the BA 737 Timeline News
We’re also building a tool for Stock Traders, where you can use the power of the Volatility Box, but on the entire stock universe. All of our futures Volatility Box members have free access to this separate tool through the end of November.
Using the tool, we had an opportunity to short BA on news that the 737 timeline could be moved up to December.
We bought OTM, 360 Strike Put options for $2.68. We purposely chose an OTM option, looking to take advantage of a potentially explosive move down lower.
BA started to drift up higher, which was then our sign to cut the trade loose.
While BA may not have worked out, we recognize the potential move that would’ve occurred in the options, had we touched our conservative target line (well over a double).
Even with our current options, we were up 10-15% almost immediately, giving you an opportunity to scale out.
Start trading with an edge, at the edge, and sign up for the Volatility Box today.
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Start trading with an edge, at the edge, and sign up for the Volatility Box today.