TGIF!
TODAY'S GAIN: +$5,835
My posted, REAL-TIME TRADES WERE LUCKY AF -- Today's trades would have paid for MORE THAN NINE YEARS OF GOONIE MEMBERSHIP!
If you're curious about what I trade & how I trade, join the Goonie Trading Discord. You can be a premium member for 1 month free of charge. It's a riskless opportunity for you to become a Goonie today!
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Piper's Picks
A BULLISH signal, 4/5 strength, was generated around 10:50am 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).
One trade was a partial win while the other was a miss
SPY Return: +$18 (+75%) per $176 signal capital requirement
QQQ Return: -$42 per $168 signal capital requirement
Total Return: -$24 per $344 signal capital requirement
Thicc Matt's Personal Trades
Trade One: 60 SPX 6,100/6,095 Put Credit Spreads (Piper Signal)
Talk about a sweat trade! I was able to make money, but it probably took years off my life. Lady luck was definitely on my side -- MY REALIZED GAIN WAS $4,800!
Trade Two: 23 SPX 6,080/6,075 Put Credit Spreads (Hedge Trade)
This trade was (partially) executed to lessen the blow from Trade One when things got questionable -- MY REALIZED GAIN WAS $1,035!
Trade One Return: +$4,800
Trade Two Return: +$1,035
Total Return: +$5,835 (before fees)
These trades alone would have paid for MORE THAN NINE 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!
