I hope you followed my simple recommendation…

Author: Rick Ackerman Published: September 11, 2024 0 comments

Actionable Trade-Alert

from Rick in the Trading Room

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

…to buy QQQ calls this morning for 0.44 that later went to 12.86, It was geared especially for beginners who have never made a profit on an option trade. The chart tells the story: The options precisely telegraphed QQQs ferocious bounce after the index got sold down hard in the first hour .  

 

I post informal trades like this one in the chat room from  time to time and would estimate that 95% of them have been profitable. (Note to subscribers who frequent the chat room: Please do correct me if you think I’ve exaggerated even slightly.)  I disseminate the trade recommendations simultaneously via email to paying subscribers who have checked the ‘Notifications’ box on their account dashboards.  

 

Eventually, I plan to divulge the secret behind this trick, as well as to a few other tricks designed to produce steady income with risk very tightly controlled.  If I offer a course on this radical new approach to trading options, it will likely be on the same basis as the one on ‘Advanced Tactics of the Hidden Pivot Method” given a couple of summers ago.  That course was not marketed, but it was made available for a short time to subscribers who have been with me for a while. The course was geared to futures trading and featured some proprietary adaptations of the Hidden Pivot Method. I have not offered it since, although it is available on request to qualified subscribers for $1,400.

 

Rick

 

From the chat room, 9/11/24:

 

 

 

 

 

10:28

  Rick

Same-day QQQ 456 calls, currently 1.22, look like they will break down and fall to 0.44. They can be ‘mechanically’ shorted at 2.26, stop 3.01. // UPDATE 10:41 a.m. Calls have fallen to a so-far low of 0.65. The 0.44 target is still good, especially if you are covering a short. // UPDATE 10:44: QQQ breaking down, likely now to fall to 445.41(!), even if calls get a bounce from 0.44. // UPDATE 10:56 Call struggling for traction after making a so-far low of 0.41. // UPDATE 4:02 The 0.41 low held and the calls blasted off for outer space, reaching 12.86 by day’s end. This could have produced a gain of as much as 2900% in one day, making a $44 speculation worth $1286 in five hours.

 

 

 

 

 

 

Disclaimer:  Past successes are not indicative of future performance. Put and call options can be risky, so consult your broker before you trade them.   If you no longer wish to receive email from me, click here and type ‘Opt out’ in the subject line, then hit ‘send’.

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