By Karim Rahemtulla Yesterday, War Room members enjoyed a double win!
Members not only cashed in on another winner…
They learned a valuable lesson on how to beat a market maker, which I’ll get to in a minute.
First, the winner. Members cashed in on a quick 25% short-term profit from a longer-dated put sell with Spirit Airlines (NYSE: SAVE).
A put sell involves selling a put option at a higher price with the goal of buying it back at a lower price. Your profit is the difference in price.
That being said, put selling also comes with strings attached…
There is no freelunch on Wall Street (unless it’s …read more
