TGIF!
TODAY'S GAIN: +$1,075
My posted, REAL-TIME TRADES WERE BLESSED BY THE MARKET GODS!
Today's trade would have paid for MORE THAN TWO YEARS OF GOONIE DISCORD ACCESS! Even though they "worked", I got lucky on my final trade. I didn't go into complete tilt mode, but it was close. I feel very fortunate the Market Gods blessed my degeneracy. If you want to join the fun, get in the Discord -- It's FREE!
You can join the Goonie Discord for FREE w/ code GOONIE (Click Here!)
Piper's Picks
A BULLISH signal, 4/5 strength, was generated at 10:20am 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 missed :(
SPY Return: -$184 per signal
QQQ Return: -$182 per signal
Total Return: -$366
Thicc Matt's Personal Trades
Trade One: 25 x SPX 5500/5495 Put Credit Spread (Scalp Strategy Trade)
This was my first trade of the day -- You may have seen it on stream. I sold 25 at $2.20/ea and bought them back at an average of $1.30. The realized gain on Trade One was $2,250. Please note that 5 of these was carried to Trade Two.
Trade Two: 15 x SPX 5500/5495 Put Credit Spread (Scalp Strategy Trade)
Trade Two was an incredibly stupid trade. My average entry was $2.90 and my average exit was $4.85. The realized loss on Trade Two was $2,925.
Trade Three: 30 x SPX 5480/5485 Put Credit Spread (Scalp Strategy Trade)
Trade Three was a revenge trade that I got lucky on. I got an average fill at $0.90 on 30 contracts. My avergage exit was $0.32. If you do the math, my realized gain on this trade was $1,750.
Trade One Return: +$2,250
Trade Two Return: -$2,925
Trade Three Return: +$1,750
Total Return: +$1,075 (before fees)
These trades would have paid for MORE THAN TWO YEARS OF GOONIE MEMBERSHIP!!!
How To Join The Goonie Discord (For FREE)
Join the Goonie Discord if you want access to any of the following:
- My Live Trades & Thoughts
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Remember you can join the Discord for FREE with the code GOONIE (Click Here!). This code will allow to become a Locals "supporter". Supporters get full access to the entire Locals Community & Goonie Discord server.
Discord Link: https://discord.gg/3dxBRVrgGG
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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!
