TGIF!
TODAY'S GAIN: +$1,350
My posted, REAL-TIME TRADE PRINTED -- Today's play would have paid for ALMOST 3 YEARS OF GOONIE MEMBERSHIP!!!
Another week has come and gone, and the Goonie Trading Discord is still crushing. If you want to learn what we do and how we do it, you can join the team for FREE! It's time you take your trading to the next level.
You can join the Goonie Discord for FREE w/ code GOONIE (Click Here!)
Piper's Picks
A BULLISH signal, 5/5 strength, was generated at 10:15am 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 -- 6 total units!
SPY Return: +$66 (+100%) per $234 signal cost
QQQ Return: +$69 (+100%) per $231 signal cost
Total Return: +$135 (+100%) -- This could easily be scaled per $465 signal cost
Thicc Matt's Personal Trades
Trade One: 10 SPX 5315/5310 Put Credit Spreads (Piper Trade Strategy)
Back to the basics! I wanted today to be an easy Friday, and fortunately, it was. The openings range was a little suspect, but price action eventually broke to the upside. I loaded in a bullish position and let it fly. My average short fill was $1.70 per spread. I scaled out 50% at $0.50 and the other half at $0.20 -- This means my REALIZED GAIN WAS $1,350.
Trade One (Part 1) Return: $600
Trade One (Part 2) Return: $750
Total Return: $1,350 (before fees)
These trades would have paid for ALMOST 3 YEARS OF GOONIE DISCORD ACCESS!!!
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!
