Actionable Trade-Alert
from Rick in the Trading Room
(Please check all related discussion in the room before you do any trades.)
To: Rick’s Picks subscribers
From: Rick
Subject: A radical new way to trade options
I’ve been promising a course on options trading for years, but my tactics have evolved to the point where I no longer wish to share them with the general public. Although I will not likely be marketing or selling such a course in any form, I plan to offer the material for free to certain subscribers.
If the prospect intrigues you, check out the discussion thread below from the chat room. It concerns an option trade today that missed triggering by a penny on the first of two opportunities (see attached chart). Even so, it clearly demonstrated the ability of the Hidden Pivot Method to ferret out trades with extraordinary timing and precision. You can match the discussion time-stamps to the chart to verify this for yourself.
RA
From the Trading Room, late afternoon….
|
|
|
|
|
15:12 |
47 minutes to go. Let’s see if we can find an expiring at-the-money to trade. Sort of like wandering onto the road just ahead of a pack of Tour de France cyclists. Stay tuned if you’re interested. |
|
|
15:14 |
LFG! |
|
|
15:20 |
Not much to like. Maybe, buy SPY 545s if SPY falls to touch 544.91. I’ll say “Go!” if this one comes home. Caalls trading for around 1.50 at 50 deltas. Too pricey. Let’s look at 146s. // Okay, now watching the 547s at 33 deltas /// Need for the pullback to 544.91 to happen soon // Looks like we’ll be trying to buy the 547s for around 0.35 if SPY prints down to 544.91 /// Come to Papa…. // 0.35 bid for a few |
|
|
15:29 |
Limit set! |
|
|
15:30 |
Missed by a penny, dammit. Cancel order. |
|
|
15:31 |
cancelled |
|
|
15:32 |
The 16-cent rally so far from 0.36 works out to be an annualized shoulda woulda gain of a bazillion percent. I didn’t suggest this trade for a 0.16 gain. Looking for the low to hold and more upside into the close. // Oh, well. There’s our 0.35 print. I exaggerated yesterday when I said I don’t care what the underlying is doing. In this case, I did. A little. |
|
|
15:41 |
You were definitely mulit tasking there Rick, I was using my Jedi mind to understand you and proud that my Dyslexia got me to the finish line! Appreciate the attempted “freebie” let’s try tomorrow as I’m sure the vol will be large and in charge. |
|
|
15:43 |
Volume is not a concern. Perhaps you noticed why. |
|
|
15:45 |
So, my bid for the calls was a penny off the low, 0.34, and they have traded as high as 0.83 since. Anyone interested in learning how to do that trick? Don’t all raise your hands at once. |
|
|
15:50 |
OMG – look at them run!! |
|
|
15:51 |
🙋♂️ |
|
|
16:00 |
||
|
16:02 |
I’d love to learn that trick, Rick |
|
|
16:06 |
Hit me. Im interested. |
|
|
16:06 |
Camo? |
|
|
16:14 |
Good for you, Bap and LT. I don’t plan to market a course on what you just witnessed because the trick is too valuable and powerful to retail to the world. I can make more money in an hour using it to trade than I could selling a hundred trading courses. There is nothing remotely like it as far as I’m aware, perhaps because it sprang from the half-brain of an English major. I will not make my secrets publicly available, but I will teach what I know to loyal subscribers FOR FREE. The best way to get on the list is to make sure your subscription runs continuously, with no lapses. There will be two other requirements, but I will tell you about them at the appropriate time. |
|
|
16:35 |
I am interested as well |
|
|
17:00 |
||
|
17:14 |
Interested Rick. Time to expand my knowledge. |
|
|
17:34 |
Rick, put me on your list |
|
|
17:39 |
I, of course, as well. Thank you ! |
|
|
17:53 |
sign me up |
|
|
18:00 |
||
|
18:02 |
I’m down for it! |
|
|
18:53 |
Count me in please |
|
|
19:00 |
||
|
19:52 |
me as well |
|
|
20:00 |
||
|
20:27 |
The easiest yes ever! |
|
|
20:47 |
@Joey, I know CFDs are difficult here, but IC Markets have a Plat futures instrument XPTUSD |
|
|
21:00 |
||
|
21:39 |
me as well |
|
 |
Virus-free.www.avg.com |
