The Bears Are Back In Town
TODAY'S GAIN: +$9,320
My posted, REAL-TIME TRADES CRUSHED -- Today's trades would have paid for MORE EIGHTEEN YEARS OF GOONIE MEMBERSHIP!!!
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Piper's Picks
A BEARISH signal, 3/5 strength, was generated around 10:10am 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 -- 2 total units!
SPY Return: +$23 (+100%) per $77 signal cost
QQQ Return: +$45 (+100%) per $55 signal cost
Total Return: +$68 (+100%) -- This could easily be scaled per $132 signal cost
Thicc Matt's Personal Trades
Trade One: 15 SPX 5630/5635 Put Credit Spreads (Piper Trade Strategy)
Back at it again, Daniel! The market had enough downward momentum that Piper eventually fired off a bearish signal. I trust Piper with my life, so I also created a bearish/neutral position. To be fair, I was a bit aggressive with my selected strikes, but the risk paid off nicely. The call spreads were sold at $1.80/ea and were all bought back at $0.10 -- This means my REALIZED GAIN WAS $2,550.
Trade Two: 3 SPX 5600 Puts (Scalp Strategy)
Trade Two was a big risk, but the reward was worth it. The morning trend was clearly down. I got lucky that it persisted all day. I went long 3 SPX puts at $19.00/ea and took my profits at an average of $41.57 -- This means my REALIZED GAIN WAS $6,770.
Trade One Return: +$2,550
Trade Two Return: +$6,770
Total Return: $9,320 (before fees)
These trades would have paid for MORE THAN EIGHTEEN 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.
