Wild Wednesday
TODAY'S LOSS: -$2,805 :(
My posted, REAL-TIME TRADES were... meh. My SPX traded ended up being trash. Fortunately, I was able to make most of the losses back off two NVDA trades. Today was definitely not my best trading day, but I'll live to fight on. If you want to join along on the wild journey, get into the Discord today!
You can join the Goonie Discord for FREE w/ code GOONIE (Click Here!)
Piper's Picks
A BEARISH signal, 4/5 strength, was generated just past 11:00am 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 if held until close -- 4 total units!
SPY Return: +$32 (+50%) per $136 signal cost
QQQ Return: +$72 (+100%) per $128 signal cost
Total Return: +$104/signal (+76%) -- This could easily be scaled per $264 signal.
Thicc Matt's Personal Trades
Trade One: 7 x SPX 5315/5310 Put Credit Spread
Trade Two: 10 x NVDA 870/865 Put Credit Spread
Trade Three: 10 x NVDA 850/845 Put Credit Spread
Unfortunately, Trade One suffered a full max loss -$2,835 (-$405/ea). Trade Two & Trade Three did much better. Technically the gains haven't been realized, but they should be 100% due to the success of Nvidia's earnings. Trade Two should eventually have a realized gain of $1,000 (+100%). Trade Three should eventually eventually have a realized gain of $800 (+100%). These two trades will be officially documented when close -- For now, they will remain unrealized.
Total Realized Return: -$2,835 (before fees)
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Join the Goonie Discord if you want access to any of the following:
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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.
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!
