In today's From Theory to Practice, Dr. Jim's directional earnings trades in Apple and Amazon faced significant losses. While his Apple butterfly marked at 13 cents and vertical spread at $3.75, Amazon positions saw deeper trouble. Dr. Jim maintained vertical spreads in both, citing 49 days remaining as potential recovery time.
GDX was closed for a small loss, as the YouTube audience repeatedly noted success with fading Dr. Jim's directional biases - a strategy that has been anecdotally shown to allow traders to retire 6-12 months early, on average.
