NTAP: A Very Forgiving Trade

Jon Lewis

Credit spreads are very forgiving when it comes to trading options.

We just closed a 21% winning “max credit” spread trade last week in NetApp Inc. (NTAP). This trade was open for 25 days and even moved against us almost knocking us out of the trade.

Watch this short video to see how our spread expired worthless…we kept all of our cash in the trade … which just goes to illustrate how forgiving the credit spread strategy can be for your trading.

We get started again this week with more “80-20 Trade Scan” trades. The sooner you join the quicker you can start building your 20% or more annual return from my credit spreads (including fees, commissions and even losing trades)! Get in on our next very “Forgiving” credit spread trade.

About The Author

Meet Jon Lewis, With over 20 years of real experience, teaching AND trading, Jon will help you learn to use options profitably and safely in portfolios of any size.

His advantage, and now yours, is using simple, often overlooked spread options strategies which generate consistent income without significant risk.