Actionable Trade-Alert from Rick in the Trading Room (Please check all related discussion in the room before you do any trades.)12:51 RickDon't look now, but today's high in ES has gotten with less than one-tenth of a percentage point of a very major target at 5165.25 on the weekly chart. The very sausage-y 'B' high makes the target unreliable, but not so unreliable that the futures will easily surpass it. Thee is no way that can happen. Let me see if I can find a suitable opportunity using SPY puts. Here's the chart:12:51 Rickhttps://bit.ly/48LWksa12:57 RickSPY's weekly chart still has a ways to go to reach a 520.54 target. The initial move through p=464.88 all but guarantees D=520.54 will be reached, so there is not much risk in waiting till it gets there before buying puts. Here's the chart:12:57 Rickhttps://bit.ly/3T3NQqx Virus-free.www.avg.com
Rick Ackerman
Trading Room notes
– Posted in: NotificationsActionable Trade-Alert from Rick in the Trading Room (Please check all related discussion in the room before you do any trades.)There are some timely posts you should check out, including a touted 'buy' in crude; an observation about getting short when EVERYONE else is trying to do it; and some encouraging signs in bullion. RAVirus-free.www.avg.com
Cancel/replace AMZN put order
– Posted in: NotificationsActionable Trade-Alert from Rick in the Trading Room (Please check all related discussion in the room before you do any trades.)Change order: Bid 0.52 for AMZN 8 Mar 167.50 puts, day order. Virus-free.www.avg.com Apologies. This did not reach you earlier because the mailout address was erroneous. The suggested change is still viable. RA
Buy AMZN puts
– Posted in: NotificationsActionable Trade-Alert from Rick in the Trading Room (Please check all related discussion in the room before you do any trades.)Monday, February 26, 202409:44 RickBid 0.20 for AMZN 1 Mar 170 puts, good till noon. The trade is intended to leverage this 176.09 'D' target in the stock:09:45 Rickhttps://bit.ly/3uLdLv0 https://bit.ly/3uLdLv0 The stock has already traded slightly above the target this morning, but the options, currently at 0.48, look like they want to fall to 0.19. This implies AMZN will test this morning's high. RAVirus-free.www.avg.com
Four days left
– Posted in: NotificationsActionable Trade-Alert from Rick in the Trading Room (Please check all related discussion in the room before you do any trades.)12:53 RickMonday is the deadline to sign up for my one-on-one consultation deal: 40%-50% off. Query the room if you want to hear from subscribers who paid the standard rate of $400/hour. This offer will not be repeated any time soon. Here's the signup link:12:53 Rickhttps://bit.ly/3RTuFyS https://bit.ly/3RTuFyS Virus-free.www.avg.com
A New Year’s Deal on a Private Consultation with Rick
– Posted in: NotificationsActionable Trade-Alert from Rick in the Trading Room (Please check all related discussion in the room before you do any trades.) 21:52 RickHere's a New Year's deal for those of you who have hesitated to shell out $400 for a private, one-hour consultation with me: 40% off the regular price, or 50% off for a three-session package. That's $240 or $600 respectively. Anyone who has met with me online for an hour has achieved a breakthrough that in many instances helped him or her achieve steady profitability. Here's the link to sign up: https://bit.ly/3RTuFyS21:53 RickHere are a few unsolicited testimonials:21:53 Rick"Just wanted to let you know that my trading has improved greatly. I have been making anywhere between $600-$1,200 a day. I feel a lot more confident as to where things are going. So I just wanted to thank you so much for your help as it was truly appreciated. Have a Happy and 2024."21:53 RickHere's another: "I'm puzzled by how some traders will lose a thousand, ten thousand, or even a hundred thousand dollars, but can't see their way clear to spend four hundred bucks on an hour that could change the trajectory of their trading, minimizing losses and increasing gains. In the hour I spent with you, I've gained a new and better understanding of your Hidden Pivot Method. [I can already see that] the little tricks and tweaks you clearly explained will have a long-term positive effect on my trading."21:54 RickA third: "I hope you are well. I'm now 3/3 on the week and have profited $950 gross. Thank you. As you said in the chat room, execution is the hardest part. I plan to start doing more contracts as I fine-tune, but for now I'm completely content with base hits."21:54 RickAnd a fourth: "The one-on-one session I did with Rick this morning was the
If you intend to participate in the Option Experiment…
– Posted in: NotificationsActionable Trade-Alert from Rick in the Trading Room (Please check all related discussion in the room before you do any trades.)13:00 13:33 RickI have just sent an email update to all of you who asked to participate in the option experiment. It will require a response from each of you to this address: optionsexperiment99@gmail.com.13:33 RickIf you have NOT received the update by 6:00 p.m. Eastern, YOU MUST LET ME KNOW at rick@rickackerman.com, since this is one of the ways I will be disseminating trade alerts. Use "DID NOT RECEIVE" in the subject header. Virus-free.www.avg.com
Jackpot bet: TUNE TO THE CHAT ROOM IF YOU ARE INTERESTED
– Posted in: NotificationsActionable Trade-Alert from Rick in the Trading Room (Please check all related discussion in the room before you do any trades.)09:00 RickTo limber up, I will try to post a jackpot trade this morning for the room. Although we have done extremely well with this bet, it is never going to be an odds-on shot, and so you should risk no more than you could comfortably lose (i.e., kiss that money good-bye). .09:05 RickThe usual idiots have already reacted to the idiot job stats released this morning, so we have guaranteed nitwitting to work with at the opening bell. The jackpot bet will be predicated on a stage-managed weak opening, followed by 'surprise' buying on 'bearish' 'news'. Virus-free.www.avg.com
Your, ahem, response
– Posted in: NotificationsActionable Trade-Alert from Rick in the Trading Room (Please check all related discussion in the room before you do any trades.)12:41 RickAhh, ye of little faith! The response to my new, improved options offer was overwhelming. It reminds me of the famous Warner Brothers cartoon "One Froggy Evening," in which a promoter rents a theater to show off the amazing singing, dancing, tightrope-walking frog he has found. The ticket booth initially is a scene of desolation, so he puts up a "Free beer inside!!" sign -- and gets trampled by the eager mob it attracts.12:50 RickWe could warm up by naked shorting the SPY 5 Jan 470 calls for 1.18, since they are bound for 0.25, but they were aa much better short at 2.10 on a signal that occurred around 11:30. Let me rummage around and see what else I can find. Virus-free.www.avg.com
Last call
– Posted in: NotificationsActionable Trade-Alert from Rick in the Trading Room (Please check all related discussion in the room before you do any trades.)10:22 RickOnly eight subscribers have responded to my options pitch (see 15:11 post above). The $600 buy-in was designed to weed out dabblers and attract players, at least a few of whom would do ALL the trades. This would give me solid data to show my marketing guy. To entice more of you aboard, I will make the $600 entry fee payable at the end of the experiment, and only if my trade recommendations have enabled you to make at least twice that. Email me at rick@rickackerman to reserve a spot. The opportunity will expire tomorrow at noon. Virus-free.www.avg.com