Happy Uptober!
Howdy,
Key Weekly Performance Stats:
- S&P 500: +0.26%
- Nasdaq 100: +0.12%
- Russel 2000: -0.54%
- Bitcoin: -5.62%
Warm Regards,
Thicc Kohrs
P.S. The official Goonie Discord is live! (FREE Access w/ code GOONIE: https://bit.ly/GoonieGroup)
Market Events
Monday, October 7th
01:00 PM ET Fed Governor Bowman Speaks
03:00 PM ET Consumer Credit (Sep)
Tuesday, October 8th
12:45 PM ET Atlanta Fed President Bostic Speaks
01:00 PM ET 3 -Year Note Auction
Wednesday, October 9th
08:30 AM ET Initial Jobless Claims
09:15 AM ET Dallas Fed President Logan Speaks
12:30 PM ET Fed Reserve Vice Chair Jefferson Speaks
01:00 PM ET 10-Year Note Auction
01:00 PM ET FOMC Meeting Minutes
06:00 PM ET San Francisco Fed President Daly Speaks
Thursday, October 10th
08:30 AM ET CPI (MoM & YoY) (Sep)
08:30 AM ET Initial Jobless Claims
09:15 AM ET Fed Reserve Governor Cook Speaks
10:30 AM ET Richmond Fed President Barkin Speaks
11:00 AM ET New York Fed President Williams Speaks
01:00 PM ET 30-Year Bond Auction
Friday, October 11th
08:30 AM ET PPI (MoM & YoY) (Sep)
10:00 AM ET Consumer Sentiment (Oct)
10:45 AM ET Dallas Fed President Logan Speaks
01:10 PM ET Fed Governor Bowman Speaks
Upcoming Earnings
Monday, October 7th
None
Tuesday, October 8th
Morning: PepsiCo
Wednesday, October 9th
None
Thursday, October 10th
Morning: Delta, Domino's Pizza & Tilray
Friday, October 11th
Morning: BlackRock, BNY, JPMorgan & Wells Fargo
Seasonality Update
S&P 500 Seasonal Bias (Monday, October 7th)
- Bull Win Percentage: 38.5%
- Profit Factor: 0.62
- Bias: Bearish
Equity Curve -->
S&P 500 Seasonal Bias (Tuesday, October 8th)
- Bull Win Percentage: 42.3%
- Profit Factor: 1.00
- Bias: Neutral
Equity Curve -->
S&P 500 Seasonal Bias (Wednesday, October 9th)
- Bull Win Percentage: 46.2%
- Profit Factor: 0.42
- Bias: Bearish
Equity Curve -->
S&P 500 Seasonal Bias (Thursday, October 10th)
- Bull Win Percentage: 46.2%
- Profit Factor: 0.87
- Bias: Bearish
Equity Curve -->
S&P 500 Seasonal Bias (Friday, October 11th)
- Bull Win Percentage: 42.3%
- Profit Factor: 1.66
- Bias: Bullish
Equity Curve -->
Notes: These analytics are derived from the performance of the S&P 500 futures contract over the past 25 years. Additionally, results are computed from the futures market open and close.
Options Strategy Update
The 0 DTE signal hit 9 for 10 times (18 for 20 total units) this past week.
Signal Accuracy: ~90%
Note: These signals are posted in real-time in the Goonie Trading Discord. You can join the Goonie Discord for FREE w/ code GOONIE (Click Here!)!!!
Piper's Current Signal Streak: 9 Trades
September Record: 53/66 Units
October Record: 16/16 Units
Monday, September 30th
SPY Call Credit Spread (2x Multiple @ $573 / $574) 🔴
QQQ Call Credit Spread (2x Multiple @ $488 / $489) 🟢
Tuesday, October 1st
SPY Put Credit Spread (2x Multiple @ $565 / $564) 🟢
QQQ Put Credit Spread (2x Multiple @ $477 / $476) 🟢
Wednesday, October 2nd
SPY Put Credit Spread (2x Multiple @ $565 / $564) 🟢
QQQ Put Credit Spread (2x Multiple @ $477 / $476) 🟢
Thursday, October 3rd
SPY Put Credit Spread (2x Multiple @ $565 / $564) 🟢
QQQ Put Credit Spread (2x Multiple @ $479 / $478) 🟢
Friday, October 4th
SPY Call Credit Spread (2x Multiple @ $573 / $574) 🟢
QQQ Call Credit Spread (2x Multiple @ $488 / $489) 🟢
Times Piper Assaulted Me
1.3 *
This data point is from readings over the past week. The reported information should not be taken as an aggregate or cumulative value for any period beyond the most recent week (Sunday through Saturday). Appropriate alterations were made to account for both travel and time zone shifts.
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 -- 4 total units!
This early-morning PCS was sold at $0.90/ea and expired worth;ess -- This means my REALIZED GAIN WAS $2,250.
This way-too-big and way-too-aggressive Piper play was looking great until it wasn't. The spread was sold at $0.95/ea and took a full hit of $5.00/ea -- This means my realized loss was $16,200. 
This trade was honestly a bad beat. The spread was solf at $0.65/ea and will be cash settled out at $1.06/ea -- This means my realized loss was $820. 
Both of these trades hit if held until close -- 4 total units!
This PCS was sold at $0.95/ea, and I bought them back at $2.05/ea when the market moved too far against me -- This means my realized loss was $1,650. 
This CCS was created in two chunks. I first sold 30 at $0.90/ea. The second part of 20 was sold at $1.30/ea. Overall, I had 50 CCS at an average of $1.06. As shown, they expired worthless -- This means my REALIZED GAIN WAS $5,300.
I'm not sure why I took this trade. It was a bit too risky, but it ended up paying off nicely. This CCS was sold at $1.50/ea and was bought back at $0.10/ea -- This means my REALIZED GAIN WAS $2,800.
Both of these trades hit if held until close -- 6 total units!
After taking a beating yesterday from both trading & covid, I figured today would be a great day to return to the basics. Piper me to be bullish, so I knew I wanted to sell Put Premium. The level I selected was identified as key support by SpotGamma. When everything finally aligned, I took my shot. I sold 15 SPC PCS at $0.90/ea and let them all expire worthless -- This means my REALIZED GAIN WAS $1,350.
