Jason's Big DeaL Trade Alert #47 Three weeks ago we began implementing a credit put spread strategy, selling puts on stocks we thought were unlikely to fall as the broad market continued to edge higher. I never abandoned my generally bearish bent – even as our bearish puts, debit put spreads, and credit call spreads went against us – but I was wise enough to not fight so hard against the prevailing trend, which was bullish. As a result, we were able to take recent profits on three credit put spreads: Home Depot (ticker: HD), Procter & Gamble (PG), and Amazon (AMZN), for respective gains of 15%, 16.8%, and 34.5%. We held the HD and PG plays for two weeks each, while the AMZN spread cashed out the same week we entered it. ...

This document is currently available only to members of our BigDeaL subscription.
For more information about our subscriptions, please visit our products page.
Outdated document.
The document was written more than 6 months ago. Information may be outdated.