Back on October 19 I setup a Trade Ahead Of The 2020 Elections using the SPY ETF. The elections have always been a turbulent time and profits have remained steady back to 2008 when I first commenced this strategy.
Time To Update:
The day before the elections I thought was a good opportunity to update this ongoing trade.
The summary details for the trade show that many of the positions have been closed or sold but some positions are still open heading into the elections on November 3.
Return Is Up To 111% as of Nov 2:
Heading into the elections, the return has already reached 111% or more than double the capital placed at risk in the trade.
Here are the latest trades done in the Trade Ahead Of The 2020 Elections.
The rest of this trade alert and ideas article is for FullyInformed Members.
111% Return For SPY ETF Trade Ahead Of 2020 Elections to Nov 2 2020
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Disclaimer: There are risks involved in all investment strategies and investors can and do lose capital. Trade at your own risk. Stocks, options and investing are risky and can result in considerable losses. None of the strategies, stocks or information discussed and presented are financial or trading advice or recommendations. Everything presented and discussed are the author’s own trade ideas and opinions which the author may or may not enter into. The author assumes no liability for topics, ideas, errors, omissions, content and external links and trades done or not done. The author may or may not enter the trades mentioned. Some positions in mentioned stocks may already be held or are being adjusted.
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