Monk Trading Mode
(Joking! I got lucky)
TODAY'S GAIN: +$840
My posted, REAL-TIME TRADE GOT LUCKY AF! Better lucky than skillful I suppose. With that being said, the trade still paid for MORE THAN ONE YEAR OF GOONIE ACCESS! Let me teach you and then we can trade together!
You can join the Goonie Discord for FREE w/ code GOONIE (Click Here!)
Piper's Picks
No signal produced today.
Thicc Matt's Personal Trades
Day #8 of Comeback Tour!
Important Note: This was a fat finger trade. I meant for it to be spread by 5, not 20. Even though the trade "hit", I hope to never repeat it in the future.
12 x SPX 5230/5250 CALL Credit Spreads
As shown, profits were taken at $0.20/ea (+77.8% or +$840 ).
Total Return: +$840 (before fees)
This busted trade would have paid for MORE THAN ONE YEAR OF GOONIE MEMBERSHIP!
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Notes
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.
Both of these trades hit if held until close -- 6 total units!
Both of these trades hit if held until close -- 6 total units!
SPY missed & QQQ hit
The Trump-China-Trade announcement from the NYT knocked me out of my position. The CCS's were sold at $1.80/ea and I was forced to buy them backl at $4.40 -- This means my realized loss was $3,120 :(
The hedge did exactly what hedge plays are meant to do. It balanced me out! These PCS's were sold at $0.85/ea and expired worthless -- THIS MEANS MY REALIZED GAIN WAS $2,975!
