Lucky Ducky Tuesday
TODAY'S GAIN: +$600
My posted, REAL-TIME TRADE GOT LUCKY AF! Today's price action sucked balls. To make matters worse, I was also undisciplined. Poor price action and tilted trading is a dangerous combination. Fortunately, Lady Luck was on my side of the trades (detailed below). Today's trade paid for MORE THAN AN ENTIRE YEAR OF DISCORD ACCESS! Don't forget -- You can trade with me for free!!!
You can join the Goonie Discord for FREE w/ code GOONIE (Click Here!)
Piper's Picks
A BEARISH signal, 3/5 strength, was generated at 10:05am 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 hit -- 2 total units!
Total Return: +$24/signal (+100%) -- This could easily be scaled per $176 signal.
Thicc Matt's Personal Trades
Day #12 of Comeback Tour!
I was incredibly lucky today. My original play was an SPX Put Credit Spread -- I was betting that SPX would be above 5190. This went wrong fast and hard. Normally, I would protect myself by turning this into an Iron Butterfly. That didn't happen today because the market moved way too fast. You can see the insanity on today's stream if you'd like. I decided to try to dig myself out of the hole by buying back my short leg and riding the protective long leg down. It's definitely degenerate, but not completely insane. I did instantly drop 7 of 10 at breakeven because I knew I was being greedy. Overall, I made a risky bet, but it paid off -- I lived to fight another day.
10 x SPX 5190/5185 Put Credit Spreads
As shown, profits were taken at 7 @ $24/ea (+0% or +$0) and 3 @ $26/ea (+8.33% or +$600) .
Total Return: +$600 (before fees)
This trade would have paid for MORE THAN AN ENTIRE YEAR OF GOONIE MEMBERSHIP!
How To Join The Goonie Discord (For FREE)
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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!
