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Quant Trader
Expert-Level Options for Sophisticated Traders

May 10, 2023

Cabot Options Institute Quant Trader – Alert (DIA)

Dow Jones ETF (DIA)

With 37 days until the June 16, 2023, expiration, I want to lock in another profitable trade today, this time in DIA. We can take well over 50% of the original premium sold for a nice gain.

The trade marks 28 out of 32 winning trades for the Quant Trader service. There is no doubt we have had a tremendous year given all the challenges this market has faced since we started Quant Trader just under one year ago.

The Trade


Buy to Close DIA June 16, 2023, 354 call strike
Sell to Close DIA June 16, 2023, 359 call strike for a total of $0.22. (As always, the price of the spread will vary, so please adjust accordingly)

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.