Daddy Powell!
TODAY'S GAIN: +$2,950
My posted, REAL-TIME TRADES CRUSHED -- Today's trades would have paid for ALMOST 6 YEARS OF GOONIE MEMBERSHIP!
The Goonie Trading Discord is the best to ever do it. If you want to join the party, today should be the day! You can learn from & trade with me daily! To make things better, the first month is 100% free!
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Piper's Picks
A BULLISH 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 if held until close -- 4 total units!
SPY Return: +$32 (+100%) per $ signal cost
QQQ Return: +$45 (+100%) per $ signal cost
Total Return: +$77 (+100%) -- This could easily be scaled per $123 signal cost
Thicc Matt's Personal Trades
Trade One: 40 x SPX 5500/5495 Put Credit Spread (Scalp Strategy Trade)
Thank you, Powell! After yesterday's brutal bearish price action, the bulls came out swinging this morning. I decided to ride the trend and put my financial health in the hands of Fed Chair Powell. My average entry was $2.30/ea (40). Due to the size, I decided it was best to scale out before the FOMC announcement. My average exit was $1.5625/ea -- This means my REALIZED GAIN WAS $2,950!
Scalp One Return: +$550
Scalp Two Return: +$1,600
Scalp Three Return: +$800
Total Return: +$2,950 (before fees)
These trades would have paid for ALMOST 6 YEARS OF GOONIE DISCORD ACCESS!!!
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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!
