Banks Paying Traders to Wait?

Forget chasing the S&P at all-time highs. I’ve got something WAY better.

Blake just laid out how to collect steady cash while positioning for the next big swing in financials.

JP Morgan just ripped to new 52-week highs, and Blake’s eyeing a “V-type reversal” that could carry it from $291 to $315 — an 11% move. 

But instead of gambling on the breakout, here’s the smarter angle:

  • Sell the October 17th $300 puts
  • Collect $7.50 per contract (3.27% return on risk)
  • Only a 40% chance you’re assigned
  • If you are, your cost basis drops to $292.50 — a 5% cushion

That means you’re literally getting paid $750 just to wait for a dip in one of the strongest banks on the street.

Blake’s also spotting similar setups in KRE (regional banks) and sees more upside targets on the S&P (665–666) while bonds flash a “fake-out” before the Fed meeting.

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