Options Oracle: 02/12/21

TOO 021221

As the markets continue to bump up against resistance, our plan is to reduce our long exposure while hedging our downside risk with the VIX. In the video below, I’ve outlined the positions we hold in BYND, AMD, GOLD and the VIX. While the video explains the details of these positions, the trade instructions in the PDF file describes our plan for this newest position in the VIX. Please be sure to review all of the material before entering any new  trades to your account. 

I’ve attached a PDF file that outlines the details for our newest position in the VIX. 
Have a great trading day tomorrow.

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