Yesterday's heads-up on IYR was to buy March 17th puts on a close below $85.00. Today, IYR gapped down and is trading at $84.25, well under the trigger level for the trade. We will be adding the Mar 17th $75P (1.25-1.35) with a 50% trailing stop. IYR IYR Repeat Sell Signal Pending @ Close < $85.00 Option: Mar 17 $75P (1.25 -1.35) Target: IYR < $60. $75P >$15.00 Stop: Trailing 50% from price high after entry (Risk 1/2 to make 12X) IWM - Wave iii of 3 of (3) in progress PRO Trade Management In addition to the IYR trade described above, these are the three current trades the PRO Service will be carrying into next monthly expiration (Jan 20th). All puts are still buyable at current prices. I'm still monitoring VIX/UVXY for a new entry long Jan 20th UVXY Calls. That could come at any time and would be posted here and/or in the Premium Service, so be on alert.
