I'm Stupid
TODAY'S GAIN: +$7,760
My posted, REAL-TIME TRADES WERE STUPID -- These trades would have paid for OVER 12 YEARS OF GOONIE DISCORD ACCESS!!!
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Piper's Picks
A BEARISH 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).
Both of these trades hit if held until close -- 4 total units!
SPY Return: +$20 (+100%) per $180 signal capital requirement
QQQ Return: +$14 (+100%) per $186 signal capital requirement
Total Return: +$34 (+100%) per $366 signal capital requirement
Thicc Matt's Personal Trades
Trade One: 20 SPX 5,775/5,780 Call Credit Spreads (Piper Strategy)
Piper told me to be bearish, so I executed a bearish/neutral position. I sold these CCS's at $0.70/ea and bought them all back at $0.05/ea -- This means my REALZIED GAIN WAS $1,300.
Trade Two: 20 SPX 5,755/5,760 Call Credit Spreads (Trend Following Strategy)
The market was clearly showing weakness, so I sold more CCS. The entry was $0.90/ea and I bought them all back $0.25/ea -- This means my REALZIED GAIN WAS $1,300.
Trade Three: 20 SPX 5,745/5,750 Call Credit Spreads (Stupid Revenge Trade)
I'm not sure what I was thinking, but it wasn't anything good. I got into this silly play and made it worse by adding to the position when I started to sweet. I made money, but I want to be clear, it was nothing but pure luck. The average credit was $1.65/ea and they were all closed out at 0.36/ea -- This means my REALZIED GAIN WAS $5,160.
Trade One Return: $1,300
Trade Two Return: $1,300
Trade Three Return: $5,160
Total Return: +$7,760 (before fees)
This might seems impressive, but I lost roughly the same amount of money on my swing plays...
These trades would have paid for OVER 12 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.
