Trade Alert: Top Names+ Market Watchers
Three bullish bets now that it looks like WWIII is off the table.
Out Of Our Iran Hedge
In yesterday’s trade alert, I included a bonus volatility trade in the event of war breaking out between Israel and Iran.
Today, I exited that trade in two tranches, for gains of 159% and 53%, respectively. The risk that was elevating volatility was that of a wider war, but at this point it looks like Iran got its clock cleaned and won’t be capable of doing anything significant before our hedge was set to expire.
So, it looks like we’re back to the bull market. With that in mind, we have three bullish options trades for today. Two are from my Market Watchers X list, and one was one of Portfolio Armor’s top ten names last night.
Details below.
