Matt Kohrs
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Daily Degen Trade Report (+$11,000) || Trade With Me For FREE!
Wednesday, August 7th
August 07, 2024
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Lookout Below!

TODAY'S GAIN: +$11,000

My posted, REAL-TIME TRADES PRINTED -- Today's trades would have paid for OVER 2 DECADES OF GOONIE MEMBERSHIP!!!

If you want to learn what I do and how I do it, you can join the Goonie Trading Discord for one month for FREE! Join the darkside. Become a degen!

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 10:00am 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 signals missed :(

SPY Return: -$164  per $164 signal cost

QQQ Return: -$140  per $140 signal cost

Total Return: -$304 per $304 signal cost

 

Thicc Matt's Personal Trades

Trade One: 5 SPX 5315 Calls (Scalp Trade Strategy)This trade was a run-of-the-mill scalp trade. The market had strength at open. The cumulative options delta pushed higher, so I took a bullish position. The average entry was $17.90, and the average exit was $21.10 -- This mean my REALIZED GAIN WAS $1,600.

 

Trade Two: 12 SPX 5400 Calls (Swing Trade Strategy)Trade Two was simply an exit from yesterday's swing trade. The market started to show some weakness, and I didn't think was smart to take the risk. The average entry was $22.50, and the average exit was $24.30 -- This mean my REALIZED GAIN WAS $2,160.

 

Trade Three: 8 SPX 5330 Calls (Scalp Trade Strategy)This particular trade got a little out of hand. I played it a little too big and held it a little too long. I don't have an issue with the initial entry, but you could easily argue I was fighting the trend by the time I finally took the loss. The average entry was $14.83, and the average exit was $3.80 -- This mean my realized loss was $8,824.

 

Trade Four: 5 SPX 5270 Puts (Momentum Trade Strategy)This was my best trade of the day and of the week. After punting the previous trash trade, I waited for the trend to be confirmed. Additionally, I also was patient enough to wait for a low-risk entry point. When the trade broke in my favor, I locked in a portion and let the rest ride while having a protective stop loss order set at breakeven.  The average entry was $31.30, and the average exit was $65.00 -- This mean my REALIZED GAIN WAS $16,850.

 

Trade One Return: +$1,600

Trade Two Return: +$2,160

Trade Three Return: -$8,824

Trade Four Return:  +$16,850

Total Return: $11,786 (before fees)

 

These trades would have paid for OVER 2 DECADES OF GOONIE DISCORD ACCESS!!!

 


 

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
  • Weekly Teaching Sessions
  • Weekly Newsletter
  • Trading Competitions
  • Texas Roadhouse Talk

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
(Allow up to 24hrs to process after you've become a "supporter". If you have any issues, don't hesitate to reach out -- Feel free to DM on Discord or Twitter.)

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FREE Options Trading Lecture This Friday @ 10am ET

It's all going down THIS FRIDAY!!!

The team at SpotGamma will be joining the MK Show to discuss various options trading strategies. (Yes, it will include 0 DTEs for you degens).

This is 100% FREE options trading education.
All you need to do is be where you normally watch me at 10am ET!

00:00:29
I guess Matt's eating out tonight.
00:00:14
Bonus Content

This is how my boss taunts me before i start an edit

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Down We Go || Goonie Newsletter
Goonie Newsletter (March 23rd - 27th)

Down We Go

Key Weekly Performance Stats:

  • S&P 500: -1.90
  • Nasdaq 100: -1.98% 
  • Russel 2000: -0.96%
  • Bitcoin: -0.63%
  • Gold: -10.57% 
  • Silver: -15.92%

Stocks tried to bounce early in the week, but that momentum didn’t last long. The big focus was Wednesday’s Fed decision, where rates were left unchanged and the outlook still leaned toward higher for longer. At the same time, the data didn’t give much relief. Job openings held steady, but February producer prices came in hotter than expected, keeping inflation concerns front and center.

By the back half of the week, sellers were back in control. Jobless claims stayed relatively low, but growth signals were mixed, with a soft Leading Economic Index and weaker housing data not helping sentiment. Add in sticky labor cost pressures and rising oil, and the market faded into Friday. For the week, the S&P 500 dropped 1.9%, the Dow fell 2.1%, and the Nasdaq slid 2.1%, with a clean five-day trading week and no holidays.

Looking ahead to next week, the calendar is lighter but still has a few key reads. Tuesday brings revised productivity and the flash PMIs, which should give a quick pulse check on business activity. Wednesday follows with import and export prices along with the latest international transactions data. Outside of that, it’s a relatively quiet setup, and markets will be open all week. As always, respect your risk and stick to your trading plan. Godspeed.

Best,

Thicc Kohrs

P.S. The official Goonie Discord is live! (FREE Access w/ code GOONIE: https://bit.ly/GoonieGroup)

 


 

Earnings

Monday, Mar 23rd

None

Tuesday, Mar 24th

None

Wednesday, Mar 25th

Morning: Chewy

Evening: Beyond Meat

Thursday, Mar 26th

None

Friday, Mar 27th

Morning: Carnival

 


 

Market Events

Monday, Mar 23rd

None

 

Tuesday, Mar 24th

09:45 AM ET    S&P Global Manufacturing & Services PMI (Mar)

 

Wednesday, Mar 25th

None

 

Thursday, Mar 26th

08:30 AM ET    Initial Jobless Claims

 

Friday, Mar 27th

10:00 AM ET    Consumer Sentiment (Mar)

 


 

Seasonality Update

S&P 500 Seasonal Bias (Monday, Mar 23rd)

    • Bull Win Percentage: 36%
    • Profit Factor: 1.05
    • Bias: Neutral

Equity Curve -->

 

S&P 500 Seasonal Bias (Tuesday, Mar 24th)

  • Bull Win Percentage: 61%
  • Profit Factor: 2.27
  • Bias: Bullish

Equity Curve -->

 

S&P 500 Seasonal Bias (Wednesday, Mar 25th)

  • Bull Win Percentage: 50%
  • Profit Factor: 0.90
  • Bias: Neutral

Equity Curve -->

 

S&P 500 Seasonal Bias (Thursday, Mar 26th)

  • Bull Win Percentage: 61%
  • Profit Factor: 5.94
  • Bias: Bullish

Equity Curve -->

 

S&P 500 Seasonal Bias (Friday, Mar 27th)

  • Bull Win Percentage: 43%
  • Profit Factor: 0.51
  • Bias: Bearish

Equity Curve -->

 

Notes: These analytics are derived from the performance of the S&P 500 futures contract over the past +25 years. Additionally, results are computed from the futures market open and close.


 

Options Strategy Update

The 0 DTE signal hit 4 for 4 times (6 for 6 total units) this past week.

Signal Accuracy: ~100%

Note: These signals are posted in real-time in the Goonie Trading Discord. You can join the Goonie Discord for FREE w/ code GOONIE (Click Here!)!!!

 

Piper's Current Signal Streak: 12 Trades

March Record: 28/32 Units

 

Monday, Mar 16th

SPY Put Credit Spread (1x Multiple @ $667 / $666) 🟢

QQQ Put Credit Spread (1x Multiple @ $599 / $598) 🟢

 

Tuesday, Mar 17th

No Signal Produced

 

Wednesday, Mar 18th

No Signal Produced (FOMC Day)

 

Thursday, Mar 19th

No Signal Produced

 

Friday, Mar 20th

SPY Call Credit Spread (2x Multiple @ $657 / $658) 🟢

QQQ Call Credit Spread (2x Multiple @ $592 / $593) 🟢

 


 

Computer Crashes

3 *

* This data point is from readings over the past week. The reported information should not be taken as an aggregate or cumulative value for any period beyond the most recent week (Sunday through Saturday). Appropriate alterations were made to account for both travel and time zone shifts.

 


 

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.

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Daily Degen Trade Report (+$5,400) || Happy Monday!
Monday, March 23rd

Happy Monday!

THICC RETURN: +$5,400

My posted, REAL-TIME TRADES PAID -- Today's trades would have paid for MORE THAN FIVE ENTIRE YEARS OF GOONIE MEMBERSHIP!

If you're curious about what I trade & how I trade, join the Goonie Trading Discord. You can be a premium member for 1 month free of charge. It's a riskless opportunity for you to become a Goonie today!

You can join the Goonie Discord for FREE w/ code GOONIE (Click Here!)

 

Piper's Picks

PIPER'S RETURN: +$76

A BULLISH signal, 4/5 strength, was generated around 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 missed. Both of these trades hit if held until close -- 4 total units!

SPY Return: +$36 (+100%) per $164 signal capital requirement

QQQ Return: +$40 (+100%) per $160 signal capital requirement

Total Return: +$76 (+100%) per $324 signal capital requirement

 

Thicc Matt's Personal Trades

Trade One: 20 SPX 6,590/6,580 Put Credit SpreadsThese PCS's were sold at $2.20/ea and were bought back at $0.40/ea -- THIS MEANS MY REALIZED GAIN WAS $3,600!!!

 

Trade Two: 20 SPX 6,565/6,555 Put Credit SpreadsThese PCS's were sold at $1.00/ea and were bought back at $0.10/ea -- THIS MEANS MY REALIZED GAIN WAS $1,800!!!

 

Trade One Return: +$3,600

Trade Two Return: +$1,800

Total Return: +$5,400 (before fees)

 

These trades alone would have paid for MORE THAN FIVE ENTIRE YEARS OF GOONIE DISCORD ACCESS! 

You can join the Goonie Discord for FREE w/ code GOONIE (Click Here!)

 


 

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.

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Daily Degen Trade Report (+$1,200) || TGIF!!!
Friday, March 20th

TGIF!!!

THICC RETURN: +$1,200

My posted, REAL-TIME TRADES PAID -- Today's trades would have paid for MORE THAN AN ENTIRE YEAR OF GOONIE MEMBERSHIP!

If you're curious about what I trade & how I trade, join the Goonie Trading Discord. You can be a premium member for 1 month free of charge. It's a riskless opportunity for you to become a Goonie today!

You can join the Goonie Discord for FREE w/ code GOONIE (Click Here!)

 

Piper's Picks

PIPER'S RETURN: +$42

A BEARISH signal, 4/5 strength, was generated around 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 missed. Both of these trades hit if held until close -- 4 total units!

SPY Return: +$24 (+100%) per $176 signal capital requirement

QQQ Return: +$18 (+100%) per $182 signal capital requirement

Total Return: +$42 (+100%) per $358 signal capital requirement

 

Thicc Matt's Personal Trades

Trade One: 20 SPX 6,605/6,615 Call Credit SpreadsThese CCS's were sold at $0.80/ea and were bought back at $0.20/ea -- THIS MEANS MY REALIZED GAIN WAS $1,200!!!

 

Trade One Return: +$1,200

Total Return: +$1,200 (before fees)

 

These trades alone would have paid for MORE THAN AN ENTIRE YEAR OF GOONIE DISCORD ACCESS! 

You can join the Goonie Discord for FREE w/ code GOONIE (Click Here!)

 


 

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.

Read full Article
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