TGIF!
TODAY'S GAIN: -$9,450
My posted, REAL-TIME TRADES WERE A HOT MESS!
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Piper's Picks
A BULLISH signal, 4/5 strength, was generated around 10:25am 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: +$44 (+100%) per $156 signal cost
QQQ Return: +$54 (+100%) per $146 signal cost
Total Return: +$98 (+100%) -- This could easily be scaled per $302 signal cost
Thicc Matt's Personal Trades
Trade One: 15 SPX 5610/5605 Put Credit Spreads (Piper Trade Strategy)
The market zigged when I zagged -- I was sitting pretty until I wasn't. My risk was hit relatively quick, so I had no option but to pull the ripcord. I sold these put credit spreads at $1.20/ea and ended up buying them all back at $2.30/ea -- This means my realized loss was $1,650.
Trade Two: 20 SPX 5625/5630 Call Credit Spreads (Revenge Trade)
This play was trash. Not sure why I took it. I took a full loss on this play-- This means my realized loss was $7,800. Degen Friday got the best of me :(
Trade One: -$1,650
Trade Two: -$7,800
Total Return: -$9,450 (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!
