Rick Ackerman

Actionable Trade-Alert from Rick in the Trading Room (Please check all related discussion in the room before you do any trades.)10:0010:41  RickDec Gold to minimum $2131 with yesterday's fist-pump through p=2033.4. (60-min, A=1823.50 on 10/6) Virus-free.www.avg.com

Actionable Trade-Alert from Rick in the Trading Room (Please check all related discussion in the room before you do any trades.)13:10  RickHere's one for you option junkies -- 98% of my subscriber list, as far as I can tell. It is a low-risk play predicated on MSFT's NOT getting to the 440 target. In this case, p2=376.29 would be the most logical place for a trend reversal other than at D, so we'll try to get short there. My choice is the Dec 1 350 puts for 0.35. I'll spare you the thought process that led me to those puts at that price, but it's partly based on a 15-minute chart for the puts themselves, paired with a gut feeling about how low they could trade if MSFT pops to p2=376.29 by Friday. Don't do this trade unless it matches my guidance exactly. I am thrilled to see that Daniel K took an interest in p2 even before I did. Here's the chart:13:11  Rickhttps://bit.ly/3QNmVOG Virus-free.www.avg.com

Actionable Trade-Alert from Rick in the Trading Room (Please check all related discussion in the room before you do any trades.)12:10  EWIs 4158.50 ES Rick's target) still a buy?12:12  RickNo change. TI=8.50 now possible. // 12:20: So-far low at 4154.25 implies 4162.75 trigger. 12:22: Tightening trigger to 6.50 pts = 4160.75 // 12:24: If the little brick can't get traction here, it'll be on its way to exactly 4131.75, an HP support that looks even more appealing for bottom-fishing (30-min, A= 4362.25 on 10/19 at 1:30 p.m.) Virus-free.www.avg.com

Actionable Trade-Alert from Rick in the Trading Room (Please check all related discussion in the room before you do any trades.)21:22  RickES is plummeting tonight toward the 4158.50 target I posted this afternoon at 14:35. If you've made some bucks on the way down, and if you know how to craft an rABC trigger, use some of your profits to cushion a stop-loss for bottom-fishing. If you use an rABC trigger, the interval should be 19.50 points. The pattern is gnarly enough that an alternative TI of 12.25 points might work, but caveat emptor. {Please note that I of course rickismed the point 'A' high, and the actual target is two ticks lower, at 4158.00.) Virus-free.www.avg.com

Actionable Trade-Alert from Rick in the Trading Room (Please check all related discussion in the room before you do any trades.)10:50  RickI'm going to hold an impromptu session starting at 10:55 to explain how I calculated that 0.40 is exactly the right price to pay for the GOOG puts. The session will be recorded. Here's the link:10:51  Rickhttps://bit.ly/45rbCkb Virus-free.www.avg.com

Actionable Trade-Alert from Rick in the Trading Room (Please check all related discussion in the room before you do any trades.)10:19  RickGOOG making its way toward the 142.11 rally target billboarded here yesterday. I'd hate to trigger a stampede, but you should look at the expiring 145 puts @0.40, with a nickel of discretion. This is good till noon EDT, since time premium will be melting away with appalling speed. Virus-free.www.avg.com

Actionable Trade-Alert from Rick in the Trading Room (Please check all related discussion in the room before you do any trades.)…in Airbnb (ABNB). Recall that this Trading Room recommendation was specifically designed to help recent trial subscribers pay for a full year's subscription to Rick's Picks.   09:42  entisasABNB put has doubled since entry. Are we closing out the first tranche?10:0010:17  RickThat was not my instruction, Entisas, but at this point everyone who bought puts on Dead Meat is going to be a winner no matter what course they follow. Officially, though, I'll stick with IceMan's progress reports, since he did the trade exactly as I'd specified. This trade has extended the winning streak for option trades recommended in this room to, um.. does 46 consecutive trades without a loss sound right?                Virus-free.www.avg.com

Actionable Trade-Alert from Rick in the Trading Room (Please check all related discussion in the room before you do any trades.)10:00 10:09  RickRates on the 30-year have topped this morning precisely at the 4.81% target that was the subject of this week's commentary. Together with the dollar's very precise turn yesterday from an equally important target, we could be seeing a major turn here. If so, we should expect downtrending abcd patterns in both to reach or exceed their 'd' targets. However, if these small, corrective patterns reverse from their respective 'p' midpoints on charts of varying degree, then the dominant respective trends are likely to reassert themselves. I would then use a 4.98% target for the 30-year that comes from the weekly chart. I seriously doubt that the long-bond rate will go higher than that, since the pattern on the weekly chart is so clear and compelling. Virus-free.www.avg.com

Actionable Trade-Alert from Rick in the Trading Room (Please check all related discussion in the room before you do any trades.)Thursday, September 28, 2023 08:0008:33  RickAny more reports on the lovely, Dead-Meat Trade in Airbnb? The slimeballs who control the stock are holding it aloft for distribution, lengthening our opportunity to lay in lots of cheap put calendar spreads. I'd suggest pushing out the expiration date of the 'anchor' puts by one week for each week DaSlimeballs delay the inevitable plunge.09:0009:07  IceManI was thinking, when I roll my short put on Monday, I might increase the strike price to 110 to collect some more premium, until I see the stock start to come down09:18  RickA good strategy, Iceman, and thanks for sharing the idea. You will doubtless already know that turning the position into a VERTICAL calendar spread it will somewhat raise the margin requirement.09:32  RickESZ23 is on a 'conventional' buy signal of a reverse pattern. The a-b leg is nice looking, and so I expect the futures to rise to at least p=4369. The chart:09:32  Rickhttps://bit.ly/3RDrpcx Virus-free.www.avg.com