Income Madness Session One

September 8, 2021

•A welcome to those of you joining us for Income Madness•Moderators are Dave Durham and Emily Norris•Your invitation is good for all six sessions•support@tradersreserve.com, 800-257-3008•Masters members continue to use your email address

Housekeeping

Six days, 12-20 positions

Before We Start....• A review of all open positions in Income Masters tomorrow• Do not feel compelled to make all trades!

How We Trade• Typically no more than 6 open positions at any one time• Majority of positions are puts• Stocks from Income Masters Bullpen - then some• For those new to this, we do not speculate, we trade for cash and income

•Goal #1: 1.5%-2.5% or more in 6 trading days

The Coming Week

•Goal #1: 1.5%-2.5% or more in 6 trading days•Goal #2: close positions before we end

The Coming Week

•Goal #1: 1.5%-2.5% or more in 6 trading days•Goal #2: close positions before we end•Goal #3: $1,000 + in cash if you sell one contract for each recommendation

The Coming Week

•Goal #1: 1.5%-2.5% or more in 6 trading days•Goal #2: close positions before we end•Goal #3: $1,000 + in cash if you sell one contact for each recommendation•Goal #4: Keep maximum amount of allocated capital in the $50,000-$60,000 range

The Coming Week

The Mechanics

•Noon sessions•Alerts to close, open, roll positions, from 10:00-3:00•Will close trades based on rates of return•Will close based on market conditions

•Company fundamentals first•Quality of stock second•Silly puts 10%-15% OTM•Bull put spreads - if you understand spreads•Close whenever we have meaningful profits

Trading Strategy

A Session Alert

Closing Early

Why Close Early?

•A volatile market•Take profits when you can•Free up capital for future trades

Close Live

Capital Allocation• Position sizing up to you• If new to this kind of trading, easing in may be the way to go

• Manage your capital to your goals• Manage your capital to be ready for new opportunities

Avoid Assignment

The Market• The market = inflation concerns still with us≤ growing?• The market = the Fed is tapering, the market yawned• The market = uncertain about COVID, the economy• The market = who really wins from the pandemic becoming endemic

The Stocks

•The same criteria I use for Income Masters•Trend, company, stock, chart chain, premium•We may trade individual stocks several times•You may see new names - volatility as given us a large number of potential names to trade

A Heads Up •Familiar names•Spreads

•Stocks over $200, spreads only•Other high priced stocks spreads as an alternative

•Monthlies only? Yes - monthly expiration is 9/17

Sectors• Banks • Selected retail • Tech/Chips • Home builders • Post pandemic winners • Endemic winners - health care/life sciences • Renewables/clean energy • Best of the rest

Banks/Financial Services• Bank of America (BAC) • Citigroup (C) • JPMorgan (JPM) • Goldman Sachs (GS) - spreads only • Schwab (SCHW) • Paypal (PYPL) - spreads only • Square (SQ) - spreads only • Visa (V)

Selected Retail• Williams Sonoma (WSM) • Target (TGT) - spreads only • Canada Goose (GOOS) • Yeti - (YETI) • Best Buy (BBY) • Crocs (CROX) • Nike (NKE) • Home Depot (HD) - spreads only

Tech/Chips• Apple (AAPL) - spreads only • Microsoft (MSFT) - spreads only • Western Digital (WDC) • Applied Materials (AMAT) • Taiwan Semi (TSM) • Advanced Micro (AMD)

Home Builders• KB Homes (KBH) • Pulte (PHM) • D. R.Horton (DHI) • Toll Brothers (TOL)

Post Pandemic Winners• Docusign (DOCU) • Kroger (KR) • Roku (ROKU) • Fedex (FDX) - spreads only • Netflix (NFLX) - spreads only • Sonos (SONO) • Target (TGT)

Health Care/Life Sciences• Corning (GLW) • CVS Healthcare (CVS) • Figs (FIGS) • Walgreens (WBA) • Dannaher (DHR) - spreads only • Pfizer (PFE) • Moderna (MRNA) • The XBI (XBI)

Renewables/Clean Energy• First Solar (FSLR) • SunRun (RUN) • Chargepoint (CHPT)

Best of the Rest

?

Capital Allocation• Capital allocation is your choice • Positions will not duplicate stocks currently traded in other

services

First Solar (FSLR)• One of my two favorites in solar • Sell the 9/10 95 put for $,75 • Go as low as $.63

Chargepoint (CHPT)• Climate change is on everyone's mind - including many on

Wall Street • A trading stock - a speculative company and stock • Very strong support at $21 • Sell the 9/10 21 put for $.21 • Go as low as $,17

Moderna (MRNA)• If you have not done spreads before skip this trade • A silly spread • Sell the 9/17 355 put for $1.23 • Buy the 9/17 345 put for $.83 • Set your initial credit limit at $.40

Q & A

COPYRIGHT@TRADERS RESERVE, MICHAEL SHULMAN, 2015

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HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.

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