- Options Trading University
- Posts
- 3 Plays I’m Watching + A Free SOFI Trade Setup
3 Plays I’m Watching + A Free SOFI Trade Setup
Hey Options Trader,
The market is hanging near all-time highs while the VIX is sitting back in the 14s. That combination usually means opportunity, but also a need for caution. With Jerome Powell set to speak at the Jackson Hole Economic Summit on Friday, volatility could pick up quickly. Here’s how I’m preparing.
Here’s what we are covering:
Market snapshot heading into Powell’s speech
Client spotlight: Tiago’s consistent double-digit returns
My free trade of the week on SOFI
Bonus resource: My latest video with one put and two leaps plays
Market Snapshot
I remain bullish yet cautious here. The VIX is at 14.98, which is very low, and QQQ sits near all-time highs at 577. That combination makes the market fragile to bad news.
The biggest near-term catalyst is Powell’s speech at Jackson Hole this Friday. If he hints at a September rate cut, which the CME FedWatch tool currently gives an 83% probability, I expect QQQ to rally into the 590 area and VIX to head down into the 13s.
On the other hand, if Powell pushes back against a cut, we could see QQQ fall to 565 or even 550 in a sharp pullback. While I think that’s a low-probability scenario, it’s one I want to prepare for by keeping extra cash on the sidelines. Toward the end of the week, I may take profits on a couple of positions to free up 20% to 25% cash.

QQQ taking a breather at $577.

VIX back into the $14’s
Client Spotlight
We had the pleasure of interviewing Tiago from Canada a couple months ago. In his first month in the program, he earned 15.9% returns. Last month, he followed that up with 8.5%, nearly doubling his profit from the month before. Incredible consistency.
We also had a brand-new client post his results from his very first month in the program: $59,000 in profit. A massive win and a strong start to his journey with us.

Free Trade of the Week
Ticker: SOFI
Strategy: September 19th 22.5 cash-secured put
Premium: 3.47% ROI in 32 days
Annualized: ~39% ROI
SOFI is showing strength and looks like it wants to retest all-time highs at 25. I believe this stock could run to 30 before year-end. Selling the 22.5 put gives us a safe entry below current levels, strong support under us, and attractive yield.


Get Exclusive Access To My Mastermind + Make Multi 6 Figures Trading Options
Are you looking to consistently make multi 6 figures options trading even through crashes, while getting:
Direct access and mentorship from a 7 figure options trader
Exclusive membership to a private mastermind group
A 45 module system to become consistently profitable (45%+ Year over Year returns)
1 on 1 coaching calls
Live trade alerts
Then click the button below.
2025: The Year of the One-Card Wallet
When an entire team of financial analysts and credit card experts go to bat for the credit card they actually use, you should listen.
This card recommended by Motley Fool Money offers:
0% intro APR on purchases and balance transfers until nearly 2027
Up to 5% cash back at places you actually shop
A lucrative sign-up bonus
All for no annual fee. Don't wait to get the card Motley Fool Money (and everyone else) can't stop talking about.
Bonus Video
I just uploaded a new YouTube video where I walk through one cash-secured put setup and two leaps call option opportunities. I share the exact tickers, price levels, and the entries I’m looking to take this week. Don’t miss it.
Stay disciplined, stay consistent, and keep stacking safe wins.
To smart trading,
Ryan