June 23, 2017

Nice week for the ETF Extremes – Stay Tuned for Weekend Update

Overall it was a great week for our small newsletter service. After a roughly two months of sitting on the sidelines the ETF Extremes managed to have another profitable trade – 13.3% to be exact. It has been quite a ride for the ETF Extremes over the past 30 months with close to a 86% win ratio (18/21 winning trades). Yes, only 21 trades in 30 months, but the key is to look at the final result. The performance speaks for itself. The strategy is once again near the top of the list for options strategies at the third-party newsletter monitoring service pro-trading-profits.

One thing is certain, the high-probability approach (trading extremes) has proven successful. 

Sector ETF Extremes

The strategy has not had a trade in several weeks, but that could change quickly as we head into next week. Newsletter subscribers stay tuned to the upcoming weekend report for more details. 

I will try and get a few posts out this weekend, but it obviously depends on how busy things are around here. It has been a week of sickness in my household and for obvious reasons a few of my projects have been put on the back burner. hopefully, I can make up for lost time over the next few days. 

Have a great weekend!

Andy

 

Overbought-Oversold levels for October 31, 2008

ETF Extremes Options Trading Strategy

* S&P 500 (SPY) – 62.0 (neutral)
* Dow Jones (DIA) – 62.2 (neutral)
* Russell 2000 (IWM) – 66.7 (neutral)
* NASDAQ 100 (QQQQ) – 64.2 (neutral)

Sector ETF Extremes Options Strategy

* Biotech (IBB) – 65.8 (neutral)
* Consumer Discretionary (XLY) – 72.2 (overbought)
* Health Care (XLV) – 64.3 (neutral)
* Financial (XLF) – 58.3 (neutral)
* Energy (XLE) – 65.4 (neutral)
* Industrial (XLI) – 67.6 (neutral)
* Materials (XLB) – 61.6 (neutral)
* Real Estate (IYR) – 64.3 (neutral)
* Retail (RTH) – 72.1 (overbought)
* Utilities (XLU) – 57.5  (neutral)

Ultra Extremes (Insiders Page Only)

* Ultra Long (SSO) – 56.0 (neutral)
* Ultra Short (SDS) – 37.0 (neutral)

If you would like to follow my strategies with real-time alerts or have them auto-traded by a participating broker please click the following link! Try my options trading strategies.