Calling The Market Turns With Big Results

With the increased volatility in the market, Mike Golembesky's VIX & Index/Sector Trading service has been on a tear of late, having hit five big winning trade setups over the last several weeks which have cumulatively netted returns of close to 10x via options.

The trades have included QQQ puts (Jul 16-17 and Jul 23-24), IWM calls (Jul 24-25), IWM puts (Jul 30-Aug 1), and VXX calls (Jul 31-Aug 2).

Mike explains his strategy: "The setups are all EW-based, and can be applied to straight shares in these ETFs, but I post options setups and workups as well. The option trades we use are very simple. Just buying calls or buying puts and then selling them if they become profitable. If they are not profitable then the only risk was the premium paid for the option. Very simple trading."

Overheard This Week About Mike:

"Have to admit. I was not a good trader UNTIL I joined Mike’s Vix service. I’ve greatly improved and learned so much, not the least of which is to calm down and be patient. Can not imagine not being here. Thx Mike."  --Dee19

"After 2 years, I can tell you with certainty that I couldn't find better returns.  He's also consistent, to the point, and never forgets the basics." --Z3Jared

“All options. That’s what makes Mike's setups so good.  He is so good at targeting price and time and options give maximum R/R.  Commonly his setups are 5x." --Permie