Spreading the Wealth in The War Room
This morning, despite a crumbling market at the open, War Room members cleaned up on a spread trade on Twilio (NYSE: TWLO) when the company blew away estimates.
Yesterday, Bryan urged members to get into a Twilio spread:
Open Trade TWLO:
Let’s move into a new call spread on TWLO – which is a name that could have room up to retest $280 and has remained strong in the midst of the back-and-forth market moves. Here’s the play:
TWLO Call Spread: Buy to Open the TWLO October 255 Calls (O:TWLO 20J255.00D16) for the best prices available, good for the day. Then, Sell to Open the TWLO October 270 Calls (O:TWLO 20J270.00D16) for the best prices available, good for the day. Total entry should be around $5.50 ($11.00 buy minus $5.50 sell). Max spread value is $15.00.
This morning, members rang the register for gains starting at 70% and moving up to more than 100%!
David B. 10/2/2020 at 9:36:41 a.m.
In TWLO at $5.25 out at $9.50 net cr. Nice 80% gain overnight! Thanks BB! Happy Friday!
Rick R. 10/2/2020 at 9:40:20 a.m.
Nice 80% gain on TWLO, $375.00 per contract. Another great trade Bryan. Thanks!
Bob L. 10/2/2020 at 9:41:04 a.m.
I bought TWLO 257.50 calls yesterday for $10 and sold this AM for $23–126%! Thanks BB and Karim!!
Bill C. 10/2/2020 at 10:09:11 a.m.
In at $5.39, out at $10.39, +92%. Thanks Bryan.
Chris F. 10/2/2020 at 9:42:14 a.m.
In at $5.25, out at $10.00. Now that’s what I call an Overnight Trade… 90%! Thanks Bryan!
Byron C. 10/2/2020 at 9:53:22 a.m.
I closed the TWLO trade by legging out of it and made $1198.64. Thank you Bryan!!! I was in at $5.66 and out at $11.99.
But they didn’t stop there…
To add a protective hedge, members jumped into a VXX spread to give them insurance for the coming months.
Spreads are a great way to reduce your cost and still maintain a huge upside.
Action Plan: If we get volatility, members could clean up on the trade! It’s good until mid-January 2021. If you want to get in on the action, sign up now and be protected!
P.S. Our strategies make The War Room something unique and profitable. We’ve handed members an insane 76.95% win rate since we launched! Over that time frame, we’ve had a 10.04% average gain with an average holding period of just over seven days. And this year alone, on average, we’re hitting almost two winning trades every day the markets are open. Meanwhile, supposed stock-picking “superstar” Jim Cramer is averaging a 47% win rate (according to CBS). That’s worse than a coin flip! We are crushing his track record. So what are you waiting for? Join me now and get in on the hottest action in the market!
P.P.S. Get ready for the launch of our new service, Trade of the Day Plus, coming soon! Former CBOE trader Bryan Bottarelli will provide you with his top picks EVERY week… This is something you won’t want to miss. We’ll not only give you our top trade but also track it and provide you with a notice of when to exit the position!