Trading Summary for August & Emerging Markets Meltdown

Below is the list of 18 trades we took in August (excluding the four most recent trades that are reserved for subscribers). Of these 18 trades, 13 reached +100% or better in less than three weeks and all of these trades are still open into September and/or October expirations. 

In the Sep 1st Weekend Update we discussed a simple tweak to the system to exit laggard trades early on, aiming to eliminate the potential for holding worthless options at expiration. We also discussed how even if you exit early with 50%-75%-100% gains it's a good idea to leave a small position open as a "lottery ticket" for further, outsized gains.   

Finally, we discussed what the chart below portends for US markets going into what is historically the worst month of the year for stocks.