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Quant Trader
Expert-Level Options for Sophisticated Traders

April 2, 2024

Today we are going to close our two Bear Call Spreads (QQQ and SPY) in the Quant Trader portfolio. Here are the details:

(QQQ and SPY)

As we let you know last week, we are closing down our Cabot Options Institute services.

In addition to transferring your remaining balance to other services, we are reviewing all open Cabot Options Institute trades in order to provide you with instructions on closing those positions in the coming days.

If you have questions please feel free to contact customer support at or call us at 800-326-8826. As always, we cannot provide individual investing or tax advice.

This email includes instructions for positions in the Quant Trader portfolio.


Today we are going to close our two Bear Call Spreads (QQQ and SPY) in the Quant Trader portfolio. Here are the details:

Buy to Close the QQQ April 460 Calls (exp. 4/26)
Sell to Close the QQQ April 465 Calls (exp. 4/26)


Buy to Close the SPY May 535 Calls (exp. 5/17)
Sell to Close the SPY May 540 Calls (exp. 5/17)

After these trades have been executed, we will no longer own a long call or short call in the QQQs or the SPY.

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Andy Crowder is a professional options trader, researcher and Senior Analyst at Cabot. Formerly with Oppenheimer & Co. in New York, Andy has leveraged his investment experience to develop his statistically based options trading strategy which applies probability theory to option valuations in order to execute risk-controlled trades. This proprietary strategy has been refined through two decades of research and real-world experience and has been featured in the Wall Street Journal, Seeking Alpha, and numerous other financial publications. Andy has helped thousands of option traders learn and implement his meticulous rules-driven options trading strategies through highly attended conferences, one-on-one coaching, webinars, and his work as a financial columnist. He currently resides in Bolton Valley, Vermont and when he’s not trading, teaching and writing about options, he enjoys spending time with his wife and two daughters, backcountry skiing, biking, running and enjoying all things outdoors.