OPTION TRADE OF THE DAY!

2-5

Emini S&P- The market’s recent sell-off is looking like a Fibonacci Digestive move from the November lows.  We recently liquidated or Dow put spread and are now buying the dip using the May Emini options.  We are looking for the market to return to its recent highs over the next thirty to 40 days.  The May options are based on June futures so the chart says June but the options expire in May.  Buy the May 1080 call; sell the 1130 call and as the naked leg we are selling the 970 put.  The trade is currently a collection of $350.  That means at expiration, as long as the market is above 970 the trade would be profitable, under 967 the trade has unlimited risk.  The profit potential is limited to $2,500 with the market at or above 1130 on the third Friday of May.  Buy the Dip!

There is a substantial Risk of Loss in Trading Futures and Options

FOR CUSTOMERS TRADING OPTIONS, THESE FUTURES CHARTS ARE

PRESENTED FOR INFORMATIONAL PURPOSES ONLY. THEY ARE

INTENDED TO SHOW HOW INVESTING IN OPTIONS CAN DEPEND ON

THE UNDERLYING FUTURES PRICES; SPECIFICALLY, WHETHER OR NOT

AN OPTION PURCHASER IS BUYING AN IN-THE-MONEY, AT-THE-MONEY,

OR OUT-OF-THE-MONEY OPTION. FURTHERMORE, THE PURCHASER

WILL BE ABLE TO DETERMINE WHETHER OR NOT TO EXERCISE HIS

RIGHT ON AN OPTION DEPENDING ON HOW THE OPTION’S STRIKE

PRICE COMPARES TO THE UNDERLYING FUTURE’S PRICE. THE FUTURES

CHARTS ARE NOT INTENDED TO IMPLY THAT OPTION PRICES

MOVE IN TANDEM WITH FUTURES PRICES. IN FACT, OPTION PRICES MAY

ONLY MOVE A FRACTION OF THE PRICE MOVE IN THE UNDERLYING

FUTURES. IN SOME CASES, THE OPTION MAY NOT MOVE AT ALL OR

EVEN MOVE IN THE OPPOSITE DIRECTION OF THE UNDERLYING FUTURES

CONTRACT.

PLACING CONTINGENT ORDERS SUCH AS "STOP LOSS" OR "STOP LIMIT" ORDERS WILL NOT NECESSARILY LIMIT YOUR LOSSES TO THE INTENDED AMOUNTS. SINCE MARKET CONDITIONS MAY MAKE IT IMPOSSIBLE TO EXECUTE SUCH ORDERS.

The information and data in this report were obtained from sources considered reliable. Their accuracy or completeness is not guaranteed and the giving of the same is not to be deemed as an offer or solicitation on our part with respect to the sale or purchase of any securities or commodities. Any decision to purchase or sell as a result of the opinions expressed in this report will be the full responsibility of the person authorizing such transaction.

To be removed from this service email paulbinvstgrp.com with REMOVE for the subject

Paul Brittain

Whitehall Investment Management

2928 Lake East

Las Vegas Nv 89117

877-270-8403

 *There is a substantial risk of loss in trading futures and options.