This blog site aims to provide updates on the status of the Go888Go Investment Fund. Some of the key trades and strategies used will be posted periodically.
From lesson learnt last month, have decided to close positions that have achieve 70% or more of the full target profit going forward.
Instead of waiting another 3.5 weeks to get full profit of $2,115, have gone ahead to CLOSE out and collected profit of $1,668. VERTICAL SPREAD i.e. Bull-PUT-spread and Bear-CALL-spread. The trade is setup by selling an out-of-the-money PUT (or CALL) and simultaneously buying a further-out-of-the-money PUT (or CALL). CALENDAR SPREAD This is setup by buying one option of a given strike price and expiration month and simultaneously writing an option with the same strike price but a different expiration month that has less time until expiration than the option you bought.
The trade is setup by buying an out-of-the-money CALL and simultaneously selling an out-ofthe-money PUT.
RATIO SPREAD The trade is setup by buying one at-the-money CALL and simultaneously selling two out-of-the-money CALL. STRADDLE (and STRANGLE) Buying a Straddle involves buying a CALL and a PUT of the same strike price simultaneously. Buying a Strangle involves buying a CALL and a PUT with different strike prices simultaneously. CLICK here for more detail uses of the various Option Strategies ===> CLICK ME
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