CycleSpreads Max Income
We had a good trading week, Max Income made $1590 this week and we’re currently holding 9 open trades. Managing our current trades and adding new trades, we should have a total of 8 to 10 trades next week generating between $1000 to $1500 (trading 1 contract).
A minimum account size of $50K to $60K would be recommended to trade the Max Income strategy. A smaller account size can be used to get started, but you may not be able to take part in all the trades. This would depend on the type of account you’re trading (individual account or retirement account). Individual accounts have much more buying power available.
Trade Results
Week of 5/27/2024: $933 (7 trades)
Week of 6/3/2024: $561 (4 trades)
Week of 6/10/2024: $426 (5 trades)
Week of 6/17/2024: $1214 (8 trades)
Week of 6/24/2024: $473 (5 trades)
Week of 7/1/2024: $1050 (8 trades)
Week of 7/8/2024: $1590 (9 trades)
CycleSpreads Debit Spreads
I held off on new trades this week as we had one trade expire today and 4 trades expiring next week. I plan on adding 2 to 3 new positions next week.
To trade the Debit Spreads program an account size of $10,000 would be needed with an allocation of $1000 per trade (this would allow you to trade 1 contract)
Trade Results
LLY Spread: Anticipated Return: 27%
GE Spread: Anticipated Return: 32.28%
NVDA Spread: Anticipated Return: 25.31%
META Spread: Anticipated Return: 25.0%
AVGO Spread: Anticipated Return: 40.85% (Expired today earning a 40.85% return)
LLY Spread: Anticipated Return: 28.21%
SPOT Spread: Anticipated Return: 27.71%
New Program Release - CycleShares
Chris took two trades this week. A 2% gain on the first trade (AAPL) and a 1% loss on the second trade (AMAT).
Year to Date: 22 winning trades and 9 losing trades.
Average winning trade: 4.48%
Average losing trade: 3.04%
With CycleShares only 1 position is held at a time. This strategy can be traded with any account size, however, a $10,000 account size is recommended. The monthly cost of CycleShares is $99