Touchdown Tuesday!
TODAY'S GAIN: +$1,425
My posted, REAL-TIME TRADES PAID -- These trades would have paid for MORE THAN TWO YEARS OF GOONIE DISCORD ACCESS!!!
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Piper's Picks
A BEARISH signal, 3/5 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: +$24 (+100%) per $76 signal capital requirement
QQQ Return: -$27 per $61 signal capital requirement
Total Return: -$3 per $137 signal capital requirement
Thicc Matt's Personal Trades
Trade One: 15 SPX 5,495/5,500 Call Credit Spreads (Piper Strategy)
Today was another not-so-easy trading day. The large price action whips made large positions a bit too risky for my liking. When I finally saw a reasonable risk situation, I followed Piper's lead. I sold these CCS's at $1.10/ea and bought them all back at $0.15/ea -- This means my REALIZED GAIN WAS $1,425.
Trade One Return: +$1,425
Total Return: +$1,425 (before fees)
These trades would have paid for MORE THAN TWO 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!
