Making That Money!
TODAY'S GAIN: +$2,250
My posted, REAL-TIME TRADES PAID -- These trades would have paid for MORE THAN SIX YEARS OF GOONIE DISCORD ACCESS!!!
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Piper's Picks
A BULLISH signal, 4/5 strength, was generated around 10:30am 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).
One Hit & One Missed :(
SPY Return: -$52 per $174 signal capital requirement
QQQ Return: +$14 (+100%) per $186 signal capital requirement
Total Return: -$38 per $360 signal capital requirement
Thicc Matt's Personal Trades
Trade One: 15 SPX 5515/5510 Put Credit Spreads (Piper Strategy)
I decided to take the Piper signal today for my first trade of the day. As you can see, it quickly went against me. I cut the position as soon as my risk was hit. I sold the PCS at $1.00 and bought them back at $2.20/ea-- This means my realized loss was $1,800.
Trade Two: 30 SPX 5545/550 Call Credit Spreads (Piper Hedge Strategy)
When the risk was hit on the previous trade, I followed by system an executed a hedge to protect myself. This CCS worked out beautifully. I sold the spread at $1.00/ea and bought them back at $0.10/ea -- This means my REALIZED GAIN WAS $2,700!
Trade Three: 5 SPX 5515/5520 Call Credit Spreads (Scalp Strategy)
Trade Three was a fun little scalp trade. It was up considerably more, but the market reverse on me around 2pm. I figured it was silly to let a really green trade turn red, so I took my profits when it was getting close. The spread was sold at $2.50/ea and bought back at $2.00/ea -- This means my REALIZED GAIN WAS $250!
Trade Four: 20 SPX 5525/5530 Call Credit Spreads (Scalp Strategy) 
This trade was made out of boredom. I saw the market showed signs of being rejected at its closing value from yesterday, so I figured I would take a stab at it by selling some call. The spread was sold at $0.85/ea and bought back at $0.30/ea -- This means my REALIZED GAIN WAS $1,100!
Trade One Return: -$1,800
Trade Two Return: +$2,700
Trade Three Return: +$250
Trade Four Return: +$1,100
Total Return: +$2,250 (before fees)
These trades would have paid for MORE THAN SIX YEARS OF GOONIE MEMBERSHIP!!!
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!
