There's a lot of ways to skin a cat and a lot of ways to invest or trade. The key is to figure out a successful strategy that works best for you and then stick to it.

My strategy is to take advantage of short term imbalances, oversold, and overbought conditions in certain volatile sectors in the marketplace.

20 trades have been closed for the month of July with an average Gain of +11.60% per trade and a total Gain of +232%. 7/27/18

Position Closed 7/27/18 1. XOP Puts August-17th-44 at 1.75 (Bought at 1.68 7/24/18) +4% Gain

Current Outlook: Short Term Bullish Oil & Gas Co's Short Term Bullish Gold Miners Short Term Bearish Volatility

Positions Opened (Bought) 7/27/18 1. XOP Calls August-17th-42 at 1.43 & 1.25 2. GDX Calls August-17th-21 at .62

Position Opened (Short) 7/27/18 1. VIX Calls August-22nd-14 at 1.65

I will post the price I exit and close my open trades during the week.

Submitted July 30, 2018 at 12:31AM by JayFig_The_Trader https://ift.tt/2KbDyPs