Turndown Tuesday
TODAY'S GAIN: +$1,525
My posted, REAL-TIME TRADES PAID (AGAIN) -- Today trades alone would have paid for MORE THAN TWO YEARS OF GOONIE MEMBERSHIP!!!
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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: +$36 (+100%) per $164 signal capital requirement
QQQ Return: +$12 (+100%) per $188 signal capital requirement
Total Return: +$48 (+100%) per $352 signal capital requirement
Thicc Matt's Personal Trades
Trade One: 15 SPX 5,840/5,835 Put Credit Spreads (Tried To Predict Piper)
I tried to get more premium by frontrunning Piper, and to literally no one's surprise, it cost me money. I sold these PCS's at $1.95 and was forced to buy them back at $1.00/ea when price action dropped hard in the morning session -- This means my realized loss was $1,425.
Trade Two: 30 SPX 5,870/5,875 Call Credit Spreads (Piper Strategy)
When I finally got on the proper side with Piper, it paid! I sold these CCS's at $0.75/ea and bought them back at $0.10/ea -- This means my REALIZED GAIN WAS $1,950!
Trade Three: 20 SPX 5,860/5,865 Call Credit Spreads (Trend Strategy)
This final trade was a basic trend-following concept. I was only willing to risk a little, so it's nice that it went my way quickly. I sold these CCS's at $0.70/ea and bought them back at $0.20/ea -- This means my REALIZED GAIN WAS $1,000!
Trade One Return: -$1,425
Trade Two Return: +$1,950
Trade Three Return: +$1,000
Total Return: +$1,525 (before fees)
These trades alone would have paid for MORE THAN TWO YEARS OF GOONIE DISCORD ACCESS!
You can join the Goonie Discord for FREE w/ code GOONIE (Click Here!)
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!
