Editor's Note: If you'd like to receive the Diary of the Mad Hedge Fund Trader live in your inbox every day before the market opens and Trade Alerts which have averaged 34.84% annually since inception, learn more @madhedgefundtrader.com or take advantage of the Special Offer for Seeking Alpha Readers @members.madhedgefundtrader.com/gtd3mo-sa/.
Mad Options Trader, Matt Buckley, absolutely knocked the cover off the ball last week, bringing in a monster 8% return for his followers with four separate trades.
Perfectly timed long positions in the S&P 500 (SPX) and Facebook (FB) did the trick.
Those expired today, and Matt will have a new batch of trades for followers on Monday morning, but only if you sign in. Please find the screenshots for his closed trades below.
Matt's unique service focuses primarily on the weekly US equity options expirations, with the goal of making profits at all times.
The trading will take place in the S&P 500 (SPY), major industry ETF's like the Financials Select Sector (XLF), and large capitalized single names, such as Facebook , JP Morgan Chase & Co. (JPM), and Apple (AAPL).
Matt is my old friend and fellow comrade in arms of Top Gun Options, one of the best performing trade mentoring outfits in the industry.
Matt knows what he is talking about. An independent audit shows that he has racked up an incredible 53.03% performance, net of commissions and fees, so far in 2016, one of the most difficult years in trading history.
That works out to an average 7.92% a month, or an incredible 95.09% a year.
Matt, a native of New Jersey, joined the Navy straight out of college, and rose to become an F-18/A fighter pilot. He attended the famed Top Gun school in Coronado, California. During the second Iraq War, Matt flew 44 combat missions.
Matt left the service in 2006, and immediately entered the hedge fund industry. A rapid series of promotions eventually took him to Peak6 Investments, L.P., a prominent Chicago hedge fund.
There, he soaked up the most successful elements of technical market timing, fundamental name selection, risk control, and options trade execution.
These are the multiple skills that have enabled Matt to post such a blockbuster performance.
Matt, known to his friends by his old pilot handle of "Whiz", is an incredibly valuable addition to the Mad Hedge Fund Trader team. I have appointed him Head of Options Trading.
I have known for some time that fortunes were being made in the weekly options expirations, where stories of tenfold returns are not unheard of. It is a strategy that is perfectly suited to these highly volatile, uncertain times, with most options positions expiring within four days.
Matt allows us to fill that gap in our product offerings.
The Mad Options Trader provides essential support for the active trader and will include:
1) Instant Trade Alerts sent out at key technical levels, an average of one a day. Alerts will be sent out on the opening and closing of every position.
2) Weekly Market Strategy Webinars held every Monday afternoon at 1:00 PM EST to give you a head's up on the week ahead.
3) A weekly Live Trading Room held every Tuesday from 9:00 to 11:00 AM EST to give followers active real time trading experience.
4) Specialized Training Webinars on how to best execute Matt's trades.
What I love about Matt is that he eats his own cooking. Many of the Trade Alerts he recommends are executed in his own personal retirement account with real dollars.
To see how he has performed so far in 2016, please check out the daily chart below.
You will have an ample opportunity to measure The Mad Options Trader's abilities starting August 1st.
That's when all current paid subscribers for any product of the Mad Hedge Fund Trader start receiving the service for free for 30 days.
From September 1, The Mad Options Trader will only be available as a $1,500 per year upgrade to Global Trading Dispatch, the core research and trade mentoring service of the Mad Hedge Fund Trader.
The price for both services together will be $4,500 a year.
So, use this opportunity wisely, and watch how the Mad Options Trader performs over the coming month, FOR FREE.
Good Luck and Good Trading,
John Thomas
Publisher and CEO of the Mad Hedge Fund Trader
The Diary of a Mad Hedge Fund Trader, published since 2008, has become the top performing trade mentoring and research service in the industry, averaging a 34.84% annual return since inception for subscribers.
It's fundamental and technical calls on stocks, bonds, foreign currencies, energy, commodities, and real estate have been unmatched. It is published by John Thomas, a 45-year market veteran, and one of the founders of the hedge fund industry.
John's elite team offers subscribers a daily market commentary research letter with deep background on all the trades and economic trends in play, a live biweekly strategy webinar, and Trade Alerts sent out instantaneously at market sweet spots. To learn more about our premium service, Global Trading Dispatch, please visit the Mad Hedge Fund Trader @madhedgefundtrader.com