This week's video Chuck Hughes will explore a simple system for finding low risk entries for option trades. Our brokerage confirmation below shows that we purchased the Utilities ETF symbol XLU Jun 40-Strike call @ 14.80 on January 31st.
The price chart below shows the low risk entry point for our XLU option trade which is circled in red. Notice how XLU rallied after our low risk entry producing a nice profit for our call option trade. Learn how to spot these low risk entry points for option trades.