Listen as John Locke analyzes the current market conditions and make calls on what is most likely to happen next. Follow along through the sample trades of the Bearish Butterfly, M3, Rock, and Vcondor with adjustments. Questions are always welcome!
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1:48 New benefit added to the Premium PLUS membership
2:15 Broken Wing Butterfly Master Track Series description
5:45 Broken Wing Butterfly – Will you be addressing each trade individually?
9:01 Market update – Gone from extreme bullish upside trend to a sideways trend; Expect short term bounce; in limbo right now
12:19 M3 LT (long term) description
13:52 May Bearish Butterfly
17:22 May M3 (Downside adjustment strategies)
20:14 May Rock (Complex in adjustments; Cat position; M3R position)
23:30 May Vcondor
24:13 June Bearish Butterfly
24:24 June M3 (Roll)
25:18 June Vcondor
25:47 Which call strike for your June M3? – Entered in 1,000 strike
26:08 Broken Wing Butterfly configuration – concept trades and certain adjustment strategies. Groups of adjustment and mechanics.
Escape, © 2015 music written and performed by Mark Parisi