Happy Monday!
TODAY'S GAIN: +$350
My posted, REAL-TIME TRADES WERE SMALL BUT GREEN -- These trades would have paid for MORE THAN FIVE MONTHS OF GOONIE MEMBERSHIP!!!
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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: +$22 (+100%) per $178 signal capital requirement
QQQ Return: +$40 (+100%) per $160 signal capital requirement
Total Return: +$62 (+100%) per $338 signal capital requirement
Thicc Matt's Personal Trades
Trade One: 20 SPX 5,700/5,695 Put Credit Spreads (Piper Strategy)
This trade was one of my main favorites. The market showed strength early in the session, so I sold puts at key support. All of the PCS were sold at $1.00/ea and were all bought back at $0.05/ea -- This means my REALIZED GAIN WAS $1,900.
Trade Two: 10 SPX 5,725/5,7120 Put Credit Spreads (Aggressive Piper Strategy)
This was a bit silly, a bit too aggressive, and it cost me. I sold these PCS at $2.25/ea and was forced to buy the back at $4.15/ea (risk was hit) -- This means my realized loss was 1,900.
Trade Three: 5 SPX 5,690/5,685 Put Credit Spreads (Piper Strategy)
I was of the opinion that this morning's weakness wouldn't last, so I sold additional PCS when bullish flow entered the market. I sold these spreads at $0.75/ea and bought them all back at $0.05/ea -- This means my REALIZED GAIN WAS $350.
Trade One Return: +$1,900
Trade Two Return: -$1,900
Trade Three Return: +$350
Total Return: +$350 (before fees)
These trades would have paid for MORE THAN FIVE MONTHS 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.
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!
