I GOT STEAMROLLED...
(Sharing for the sake of transparency)
FUCK. Fuck this. Fuckity McFuck fuck. I'm loser. My degeneracy got the best of me.
I'll explain everything that went wrong when I'm in a better mood. Don't me like me, be better.
It's all going down THIS FRIDAY!!!
The team at SpotGamma will be joining the MK Show to discuss various options trading strategies. (Yes, it will include 0 DTEs for you degens).
This is 100% FREE options trading education.
All you need to do is be where you normally watch me at 10am ET!
Key Weekly Performance Stats:
Last week, stocks were choppy as traders balanced solid economic data with stubborn inflation and higher yields. SPX finished up about 0.1%, NDX gained roughly 0.4%, and RTY added around 0.1%. JOLTS showed about 7.3 million job openings, while both ISM manufacturing and services stayed in expansion. Friday’s jobs report showed 162,000 payroll gains with unemployment holding at 4.1%, which helped push Treasury yields higher.
Iran was also back in focus as renewed U.S.-Iran tensions around the Strait of Hormuz helped send oil higher. Trump said the latest U.S. campaign would not last “too long,” while his administration also appeared to be looking for a path toward de-escalation. On the company side, Broadcom posted another huge quarter, Snowflake kept up strong growth, and Lululemon sank after cutting its outlook again. Adobe also announced that Anil Chakravarthy will take over as CEO in December.
Looking ahead to next week, it's a four-day trading week with markets closed Monday for Labor Day. Thursday brings August PPI, while Friday is the big one with August CPI, real earnings, and preliminary September University of Michigan consumer sentiment. There’s no Fed meeting next week, with the next FOMC decision coming Sept. 16. Oracle and Adobe are also among the bigger earnings reports to watch. As always, stick to your trading plan and respect your risk. Godspeed.
Thicc Kohrs
P.S. The official Goonie Trading Discord is LIVE!!! (https://bit.ly/GoonieDiscord)
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Morning: Macy's
Evening: Adobe & Oracle
Morning: Kroger
ALL DAY Market Closed (Labor Day)
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01:00 PM ET 10-Year Note Auction
08:30 AM ET PPI MoM & YoY (Aug)
08:30 AM ET Initial Jobless Claims
10:00 AM ET Existing Home Sales (Aug)
01:00 PM ET 30-Year Bond Auction
08:30 AM ET CPI MoM & YoY (Aug)
10:00 AM ET Consumer Sentiment
Equity Curve -->
Equity Curve -->
Equity Curve -->
Equity Curve -->
Notes: These analytics are derived from the performance of the S&P 500 futures contract over the past +25 years. Additionally, results are computed from the futures market open and close.
The 0 DTE signal hit 6 for 6 times (10 for 10 total units) this past week.
Signal Accuracy: ~100%
Note: These signals are posted in real-time in the Goonie Trading Discord. You can join me today!!! Click Here!
Piper's Current Signal Streak: 37 Trades
August Record: 54/54 Units
September Record: 6/6 Units
No Signal Produced
SPY Put Credit Spread (2x Multiple @ $761 / $760) 🟢
QQQ Put Credit Spread (2x Multiple @ $705 / $704) 🟢
SPY Put Credit Spread (2x Multiple @ $761 / $760) 🟢
QQQ Put Credit Spread (2x Multiple @ $705 / $704) 🟢
No Signal Produced
SPY Put Credit Spread (1x Multiple @ $767 / $766) 🟢
QQQ Put Credit Spread (1x Multiple @ $715 / $714) 🟢
All of it *
* This data point is from readings over the past week. The reported information should not be taken as an aggregate or cumulative value for any period beyond the most recent week (Sunday through Saturday). Appropriate alterations were made to account for both travel and time zone shifts.
RISK WARNING: Trading involves HIGH RISK and YOU CAN LOSE a lot of money. Do not risk any money you cannot afford to lose. Trading is not suitable for all investors. We are not registered investment advisors. We do not provide trading or investment advice. We provide research and education through the issuance of statistical information containing no expression of opinion as to the investment merits of a particular security. Information contained herein should not be considered a solicitation to buy or sell any security or engage in a particular investment strategy. Past performance is not necessarily indicative of future results. Links above include affiliate commission or referrals. I'm part of an affiliate network and I receive compensation from partnering websites.
THICC RETURN: +$6,000
If you're curious about what I trade & how I trade, join the Goonie Trading Discord. You can be a premium member for 1 month free of charge. It's a riskless opportunity for you to become a Goonie today!
You can start trading with me today! (Click Here!)
PIPER'S RETURN: +$15
A BULLISH signal, 3/5 strength, was generated around 11:45am ET by Piper. The signal was used with various advanced options strategies to score (don't worry, I'll teach you every aspect of the strategy).
Both of these trades missed.Both of these trades hit if held until close -- 2 total units!
SPY Return: +$5 (+100%) per $95 signal capital requirement
QQQ Return: +$10 (+100%) per $90 signal capital requirement
Total Return: +$15 (+100%) per $185 signal capital requirement
THICC RETURN: +$6,077
All of these trades were streamed during the morning session. It wasn't pretty, but hey, green is greens. Lots of good stuff to review this weekend. Cheers!
You can trade with me by joining the Goonie Discord today! (Click Here!)
RISK WARNING: Trading involves HIGH RISK and YOU CAN LOSE a lot of money. Do not risk any money you cannot afford to lose. Trading is not suitable for all investors. We are not registered investment advisors. We do not provide trading or investment advice. We provide research and education through the issuance of statistical information containing no expression of opinion as to the investment merits of a particular security. Information contained herein should not be considered a solicitation to buy or sell any security or engage in a particular investment strategy. Past performance is not necessarily indicative of future results. Links above include affiliate commission or referrals. I'm part of an affiliate network and I receive compensation from partnering websites.
THICC RETURN: +$11,000
If you're curious about what I trade & how I trade, join the Goonie Trading Discord. You can be a premium member for 1 month free of charge. It's a riskless opportunity for you to become a Goonie today!
You can start trading with me today! (Click Here!)
No Signal Produced
THICC RETURN: +$11,387
All trades were exeucted live on stream -- Hope you got yours!
You can trade with me by joining the Goonie Discord today! (Click Here!)
RISK WARNING: Trading involves HIGH RISK and YOU CAN LOSE a lot of money. Do not risk any money you cannot afford to lose. Trading is not suitable for all investors. We are not registered investment advisors. We do not provide trading or investment advice. We provide research and education through the issuance of statistical information containing no expression of opinion as to the investment merits of a particular security. Information contained herein should not be considered a solicitation to buy or sell any security or engage in a particular investment strategy. Past performance is not necessarily indicative of future results. Links above include affiliate commission or referrals. I'm part of an affiliate network and I receive compensation from partnering websites.
