A timely note concerning the CCL puts

Actionable Trade-Alert

from Rick in the Trading Room

(Please check all related discussion in the room before you do any trades.)

14:39

  Rick

CCL: The 13.50 puts expiring next Friday have nearly tripled today from their acquisition price. However, I have a minor target at 0.44 that we should make use of, taking advantage of today’s reversal. Accordingly, I’ll advise offering half of any 13.50 puts bot last week for 0.16 @ 0.44, day order.

14:39

  Parker

Rick, +400 on CCL. Pays subscription. Thank you! Still trying o learn here.

14:43

  Rick

Thanks for the report. Parker. Glad to hear you made out so well. The trade was explicitly geared toward the many subscribers who took a free two-week subscription after my interview with Greg Hunter. It was designed to pay your subscription cost for a year when the trial period expired.

14:46

  Rick

I don’t keep score, since P&L track records promoted by others in my business are a crock of shit. That said, I cannot recall the last option traded recommended here that lost money — or that was just marginally profitable..

14:49

  Rick

The trade in GDXJ, meanwhile, is hanging by a thread. It needs some Tinkerbell fairy dust but instead seems to be gagging on Monsanto Roundup.

 

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