TGIF!
TODAY'S GAIN: -$6,500
My posted, REAL-TIME TRADES WERE, ONCE AGAIN, HOT GARBAGE!
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Piper's Picks
No signal was produced today
Thicc Matt's Personal Trades
Trade One: 20 SPX 5,745/5,740 Put Credit Spreads (New Reversion Strategy) This was the painful conclusion to a painful trading week. I took a 100% hit on this PCS, which means I lost $390 per spread -- My realized loss was $7,800.
Trade Two: 20 SPX 5,735/5,730 Put Credit Spreads (New Reversion Strategy) By some miracle, I did have a winning trade. This PCS was sold at an average of $0.65/ea and they expired worthless REALZIED GAIN WAS $1,300.
Trade One Return: -$7,800
Trade Two Return: +$1,300
Total Return: -$6,500 (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.