• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
Locke In Your Success

Locke In Your Success

Learn how to create income from options trading

  • Home
    • About
    • Testimonials
    • Our Team
      • Sherri Locke
      • Stephen Hammit
      • John Locke
    • Contact
    • Privacy Policy
  • Coaching
    • Fundamentals In Trading Library
    • Options Trading for Income Weekly Webinar
    • GO Ask A Trader Sessions
    • Trading With The Pros
    • Trading Performance Sessions
    • Market Outlook Weekly Webinars
    • Personal Coaching Sessions
  • Become A Member
    • GO Membership
    • PRO Membership
    • Trading Performance Membership
    • Market Outlook Membership
    • Basic Membership
    • Membership Level Comparison
    • Trade Alert Services
  • Trading Courses
    • Options Trading Strategies
      • The Bull
      • Quick & Dirty Broken Wing Butterfly
      • The Super Bull
      • The Bear
      • Unbalanced Butterfly 1 and 2
      • M3.4u
      • V32
      • X4 System
      • Bearish Butterfly
      • M3
      • The ROCK
      • M21 System
    • Trading Performance Courses
      • Advanced Personal and Position Management
      • Broken Wing Butterfly Master Course
      • The Trading Triangle
      • Trader Transformation Workshop
      • Ultimate Income Trader Workshop
      • How To Best Utilize Calendar Spreads
    • Enriching Sessions
      • Performance Parking Portfolio
      • Boost Trading Results Through Proper Back Testing
      • Managing Risk When Entering, Exiting, or Rolling Positions
      • Far Out M3
      • How To Build Winning Trade Plans
      • Reading Your T+0 Line
      • Trading Lab – Design a Trade
      • Trading Lab – M3LT
      • ROCK’in 2018
      • Trading Lab – Roll Baby Roll Index
  • FREE Resources
    • Free Options Trading Consultation
    • Options Trading FAQ
    • Trading Performance Podcast
    • The Winning Trade
    • Successful Trader Presentations
    • TRADING SUCCESS BLUEPRINT
    • FREE Basic Membership
    • Calendar
    • Recommended Reading List
    • Brokerage Firm Selection Process
    • Fundamentals In Trading Definitions
    • Trader Inspiration
    • Financial Freedom Classroom
  • Blog
  • Log In

The Winning Trade; Episode 10

EPISODE 10; X4V17 Trading Strategy

Returns of this trade: This trade earned about $3,500 profit with a maximum capital in it of about $22,000 or about 15% of actual capital in 60-days.*

Using the planned capital in this trade of $35,000 that results in about a 10% profit in 60-days.*

Description of this trade: It is a somewhat bullish bias, market neutral 60/40 broken wing butterfly strategy designed to be traded on the Standard and Poor 500 (SPX) index. To clarify, it is a 60 point wing bullish vertical spread on the backside and we have a 40 point wing bearish vertical spread on the upside.

Minimum Capital Required: $3,500 per trade

Example size: This is a 10 lot which means there are 10 butterflies and the planned capital or the maximum amount we would like to put in the trade is about $35,000.

Profit Target: None. In general, we expect about 10% return on planned capital

Exit Loss Trigger: 7.1% or $2,500 in this example

Entered Trade: 77 days to expiration

Trade Duration: 60 days

Trade Adjustments: Upside and a downside adjustment strategy

Overlapping Trades: Yes

Why do we love this trading strategy? Because it is simple to manage and it does very well in V reversals. A V reversal is when the market comes down a lot and then reverses in the other direction.

Get each episode as soon as it’s published with bonus content!

Click here to subscribe to our email list!


WATCH THE EPISODE

Subscribe: Soundcloud | YouTube


LEARN THIS TRADING STRATEGY!

The X4V17 trading strategy is one of three trading strategies that are taught in the very comprehensive X4 training system which is designed to be traded on the Standard and Poor 500 index. It is the most bullish structure that we have and is designed to maximize results in neutral to bullish market conditions.

This rule-based strategy has a  minimum capital requirement is $3,500 and takes about 15 minutes a day to manage. Click here to learn more!


FOLLOW THIS STRATEGY!

Become a GO or a PRO member to follow this trading strategy on the Options Trading for Income by the Guidelines weekly webinars. This trading strategy is for Trading Success Blueprint traders in Stage 3 and above to focus on.


SEE OTHER X4 WINNING TRADE EPISODES!

Episode 8 – X4V14 Trading Strategy

Returns of this trade: This trade earned a profit of $2,586 on $35,000 planned capital for a return of approximately 7.4% in 60-days*

 


Episode 1 – X4V17 Trading Strategy

Returns of this trade: This trade earned $3,855 on $35,000 planned capital for an 11% profit in 60-days*

 


*The result shown is from real-time, hypothetical trades such as those shown in the Options Trading for Income weekly webinar. Simulated trades are believed to be represented as accurately as possible, however, live results may have been different.  The result is shared as an example for educational purposes ONLY.
Share on Facebook
Facebook
Tweet about this on Twitter
Twitter
Share on LinkedIn
Linkedin
Pin on Pinterest
Pinterest
Email this to someone
email

Primary Sidebar

Recent Posts

  • The Winning Trade Episode 81
  • I DON’T KNOW
  • The Winning Trade Episode 80
  • Trading And Your Ego
  • The Winning Trade Episode 79

Categories

Search

Copyright © 2022 · Locke In Your Success, LLC. All rights reserved worldwide · Site Maintained by Nustart Solutions