 Hey everyone another month in the books, so I wanted to go over our closed trades for the month of October So here is the summary of our month We had 11 closed trades eight of those were winners total profit of $740 and 88 cents and remember we're trading these alerts with fairly small size We try to keep each position somewhere between 500 and a couple thousand dollars per trade I want to make sure that you understand that you can trade these types of strategies Really at any level so if you have a larger account your more experienced trader You could be doing ten times the contracts that we're doing here Or if you have a smaller account you can still trade for consistent profits now you'll notice this month We had some different strategies Primarily due to the fact that we are in the heart of earning season So every quarter all the stocks have to come out and announce their numbers their revenue their sales their debts They're good. They're bad. And so there are specific strategies that we utilize around earnings to profit from these events So you can see we traded some short strangles calendar spreads. We did what are called earnings iron condors pre-earnings long call a post earnings short put vertical and pre-earnings long straddle if you're not familiar with these strategies specific to earnings announcements We have a full step-by-step course on how to trade options around these earnings events Let's jump into our members area and take a little bit deeper dive on each individual trade So if we scroll down so we look at the trades in order that we took them You can see our first closed trade was a strangle in XRT and we had to adjust this trade several times But by staying mechanical and making the necessary adjustments came out with a profit of a hundred and sixty dollars Next trade was in FXC also a strangle. This one didn't have any adjustments So these are the easy ones you put it on take it off booked a profit of a hundred and eighty four dollars and Same thing for EWZ another short strangle booked a profit there of a hundred and sixty eight the next trade was a RUT calendar spread as you can see we did make several adjustments However, we were not able to get back the losses incurred there. So that was one of our losses lost two hundred and seventy on that trade Next trade was a short strangle in bonds another easy one Just put it on and took it off for a profit of four hundred twenty one dollars and eighty eight cents Then we started getting into some of these earnings trades So the first earnings trade was it earnings iron condor in McDonald's where we sold an iron condor and took it off Just a few days later to book a profit for a hundred and sixteen We did a pre earnings long call in Google and that one did not work out for us lost a hundred and fifty on that And then the big loser of the month the one that really hurt us was Amazon Which was another pre earnings long call if you've taken our earnings course You know that this is a fairly high probability play with the anticipation of upside momentum going into an earnings announcement but in this case Amazon did not participate and gave us a loss of $895 now looking back on this because we always look at our losers and usually learn more from our losers than we do our winners And that is I probably would have went with smaller size on this We only traded one contract However, we could have used a lower delta and would have had less of a loss However, you've got to be real careful about playing the hindsight game as well because had this trade gone for us We probably wished we would have done more contracts So we show all the winners and all the losers and unfortunately we had to take a decent size loss on this one The next day we did get an opportunity in Amazon to get some of that back Where we did one of our core earnings strategies the post earnings short put vertical We're able to make back two hundred ninety three dollars on Amazon The next trade was another pre earnings long call this one in Vidya And this one did work out nicely for us giving us a profit of five hundred and forty dollars next trade in Alibaba We put it on a pre earnings long straddle worked out nicely for us booked a profit of a hundred seventy three And our next trade in Tesla while it was a winner This was closed on eleven one so that will actually roll into November's closed trade results So all of this is updated in real time if you're a navigation alerts subscriber You simply go to navigation alerts click on closed trades and all these will be in your members area and each month We archive all the trades winners and losers So you'll always have access to all of our closed trades winners and losers that we've done since the time we started Reporting on our navigation alerts trades if you're interested in receiving all the alerts the entries the adjustments all closing trades Via email and text message go to our site navigation trading comm click on navigation alerts We're still running a special you can check it out for a two week trial for just seven bucks I hope everybody has a great November trading. We'll talk to you next month