Happy Monday!
TODAY'S GAIN: -$1,700
My posted, REAL-TIME TRADES WERE UNLUCKY.
If I exited earlier or later, I would have made money today. It's just my luck that I dropped my trades at the most inopportune time. I suppose that's trading -- That's life. I'm happy I play with reasonable enough size to keep the loss within control. Here's to hoping for a green tomorrow!
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Piper's Picks
A BULLISH signal, 4/5 strength, was generated around 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 trades hit if held until close -- 4 total units!
SPY Return: +$34 (+100%) per $166 signal cost
QQQ Return: +$32 (+100%) per $168 signal cost
Total Return: +$66 (+100%) -- This could easily be scaled per $334 signal cost
Thicc Matt's Personal Trades
Trade One: 10 SPX 5345/5340 Put Credit Spreads (Piper Trade Strategy)
This trade was rather unlucky. The chop breached my risk tolerance. If I held, I would have been in the green. I sold at $1.70/ea and bought them back at $4.50/ea -- Meaning my realized loss was $2,800.
Trade Two: 10 SPX 5335/5330 Put Credit Spreads (Piper Trade Strategy)
This trade was rather lucky. The end of day push allowed me to capture full profit. I sold at $1.10/ea and they expired worthless -- This means my REALIZED GAIN WAS $1,100.
Trade One Return: -$2,800
Trade Two Return: $1,100
Total Return: -$1,700 (before fees)
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 -- 4 total units!
Both of these trades hit if held until close -- 4 total units!
