Hi Traders,
The market has been heading upwards for the last few weeks with volatility on the decline. So where to go to look for a trade? AI stocks, in general, have gone up like rocket ships since Earnings, and AI (the stock) is no different.
As a contrarian that can mean only one thing to me: I have to make a trade with the assumption it will go down from here over the next 45ish days.
We will do that by making a Skewed Iron Condor trade, where we skew it to the downside (meaning: the call side is closer to the stock price than the put side).
For more on my trading and how to join me in real time, see below.
➤ This is a trade from my Option Alert System (see link below). My Alert system sends out 2-3 trades per week in real time, and also sends out alerts on when to manage these trades for the best possible profit and success rate.
If you are really interested in learning to trade, this is the best way and, at only $1 for the 1st month, a cheap way to test it out. You can use the link below to join.
https://learn.sharpertrades.com/p/option-alert-trading-signal?coupon_code=BASIC1YTB
➤ If you really want to learn to trade, check out our Iron Condor option trading course
https://www.udemy.com/course/option-trading-for-rookies-advanced-option-strategies-iron-condor/?referralCode=05F82F8D48036DFB3A92
➤ Sign up to our blog to receive trade ideas and market updates.
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Trading Risk Disclaimer
All the information shared in this video is provided for educational purposes only. Any trades placed upon reliance of SharperTrades.com are taken at your own risk for your own account. Past performance is no guarantee. While there is great potential for reward trading stocks, commodities, options and forex, there is also substantial risk of loss. All trading operations involve high risks of losing your entire investment. You must therefore decide your own suitability to trade. Trading results can never be guaranteed. This is not an offer to buy or sell stocks, forex, futures, options, commodity interests or any other trading security.