LIVE @ 7PM: The Free Ride Summit with Alex & Graham.
Tune in to get FREE access to Alex’s newest trading tool!
Regional Banks Cracked: The KRE 1-DTE Put Playbook (and the +30% GTC Trick)
Our beginner-friendly KRE checklist
Yesterday’s Profit Panel highlighted a clear stress point on the board: regional banks.
Alex Reid called out the KRE ETF rolling over and, rather than guessing “why,” the team focused on how to trade the tape safely for beginners — keeping risk defined and execution clean.
Structure Choice
Geof Smith pressed the key question — outright puts or a call-credit spread above?
The room chose the outright put for this setup because it’s straightforward: Your cost is capped at what you pay, and if the ETF keeps dropping, the put’s value can grow faster than the drop — so downside moves can pay you more than you’d expect. Not to mention, there’s no risk of assignment if KRE suddenly moves higher.
With just one day to expiration (1DTE), it’s a binary bet by design. That’s fine when you size small and accept that the maximum loss is the debit you pay.
The Live Trade
The team worked into the KRE Oct 17 $58 puts intraday, discussing fills around the $0.91–$0.99 area. Rather than chase with market orders, Alex emphasized working limit orders — leaning toward the marketable side (the “natural”) to get filled quickly without taking the worst price.
Trade Management Rule To Copy
Set a 30% GTC (Good-‘Til-Canceled) profit target the moment you’re in.
The math is simple: if your fill was $0.95, a 30% target is ~$1.23. If you paid $1.00, target $1.30.
On a 1DTE put, a quick move at then ext day’s market open can tag that quickly if the weakness persists — meaning you don’t have to babysit the position.
Risk Framing
1DTE trades are binary. You are trading direction and speed. Keep position size small enough that a max loss is tolerable.
If KRE stabilizes (it’s slightly up today as of publishing time) and the put decays, you know your worst-case upfront — the debit. If KRE keeps sliding, your put can rise faster than the drop, so it can pay you quickly. That’s the appeal for a clearly defined stress point like regional banks.
What to reuse next time:
- Spot the sector breaking (KRE was the tell).
- Pick the structure that matches urgency and risk tolerance (outright put for simplicity/convexity).
- Enter with a limit, not a market order.
- Set a GTC order around 30% to close the trade at a win and step back.
- Accept the binary nature of 1DTE and size the trade accordingly.
No hero calls, no FOMO. Just a clear plan you can run the next time a sector telegraphs stress as plainly as regional banks did.
We’ve LIVE again with more trade ideas you can copy:
Click here to watch the whole on-demand replay!
To your prosperity,
The ProsperityPub Team
P.S. Alex Reid’s brand new scanner project has been targeting big wins by hitching a ride in the options market. And now he’s granting you FREE access — but only if you attend at the World Premiere event on Sunday, October 19th @7pm Eastern! Click here to hold your spot now!
🎰 Did You Catch This?!
2-for-3: How Alex Reid Scored With This Week’s Credit Spreads
AMD/NVDA booked as winners; COST managed off the field with a smart limit exit. Flat or up is a win — time decay did the work.
Get his walkthrough right here!
Brand new tool is designed to spot breakouts on stocks just HOURS before they happen
Right before a stock shoots higher, certain things happen in the market.
Usually, regular home-based traders can’t spot these changes.
But one trader has designed a tool that has been doing just that!
And now he wants to give you a trial run at no charge!
Quick hits from Friday’s show
- SMCI overnight: Room reported ~30–50% wins; we walked through why we took profits, not hero trades.
- 10-minute QQQ scalp: In/out fast for ~20% — then the tape flipped. Textbook “take the easy win.”
- Silver pop (AG): A clean push and exit — how we spot metals moves without chasing candles.
- Execution hack: The mid vs. natural nudge that gets fills fast without paying the worst price.
- Catalyst whiplash: How a single headline (yes, that post) yanked risk assets—and how we adjusted intraday.
- Heads-up: Free scanner drops Sunday night — we’ll show the exact filters we use to surface live setups.
