Options Trading for Income 2016-05-31 Episode 569

Watch as John Locke reviews the current market conditions and reviews how four of his options strategies performed.

1:47 Thank you to the men and women in our armed forces.
1:56 21 days to the Trading Triangle LIVE in Maui – https://www.lockeinyoursuccess.com/the-trading-triangle-live/
2:20 June 20th and June 27th the LIVE Options Trading for Income is cancelled – https://www.lockeinyoursuccess.com/weekly-market-and-position-update/
2:22 Recorded sessions of Options Trading for Income will be available for Premium and Premium PLUS members on the Presentations page by June 20th and June 27th – https://www.lockeinyoursuccess.com/locke-options-community/
2:37 Community Coaching Sessions will be held on June 1st and TUESDAY, June 14th at 9 PM EDT. – https://www.lockeinyoursuccess.com/coaching/locke-options-community-coaching/
2:46 Broken Wing Butterfly Master Track Class 1 – FREE for Premium PLUS members who register by June 8th at 9 PM EDT – https://www.lockeinyoursuccess.com/broken-wing-butterfly-master-track-series/
3:57 See our calendar for updates and changes – https://www.lockeinyoursuccess.com/more/calendar/
4:05 Successful Options Trader of the Month – John Wilson – June 21 at 8 PM EDT – https://www.lockeinyoursuccess.com/successful-trader-of-the-month/
4:21 Live stream from Maui will be on our Facebook page – Like us at: https://www.facebook.com/LockeInYourSuccessLLC/
5:50 Market Review – Aggressive up move in the RUT last week
6:53 Market going forward – expect around 1156 range
7:45 SPX – expect to continue range bound sideways
7:56 Dow continue sideways – pull up into 18,000
8:04 NDX over resistance point – interesting
9:31 If SPX breaks to new all time highs won’t that drag RUT up with it and out of a range? Yes at 2130
10:30 June Bearish Butterfly – Exited on Friday for a 10.2% gain – https://www.lockeinyoursuccess.com/programs/bearish-buttery-trading-system/
11:24 Recently we saw a few days where the RUT moved more points than the SPX. Does that mean anything?
14:26 June M3 – https://www.lockeinyoursuccess.com/programs/m3-trading-system/
18:54 June Rock – https://www.lockeinyoursuccess.com/programs/the-rock/
19:57 What is max delta for rock in m3 configuration?
25:43 June Vcondor – https://www.lockeinyoursuccess.com/programs/super-simple-spreads/
26:46 July Bearish Butterfly – Exceeded an add point – Borderline https://www.lockeinyoursuccess.com/programs/bearish-buttery-trading-system/
29:01 July M3 – Roll up – https://www.lockeinyoursuccess.com/programs/m3-trading-system/
30:55 July Vcondor – https://www.lockeinyoursuccess.com/programs/super-simple-spreads/