It’s been a month, how is the Flash 10 doing? Good, Bad or Ugly?

Andrew Giovinazzi

BY ANDREW GIOVINAZZI

October 20, 2024

Yo Pit Crazies,

The Good, the Bad and the Ugly is my favorite Western and nothing comes close. Sergio Leone is a master director. In my own movie the Flash10, I have to grab a portfolio of stocks with a nice Option Fingerprint, growing earnings and stock prices and set up trades that will make me and my students money. Yes I have all these positions on, like all of my trading products, so i really want this to be good.

So far the options positions are good with $724 in gains on a $2400 entry or a bit better than 25% so I am out performing the market so far. I had to add it up below since all are unrealized and a ways to the target. One is close to 100% so that will be nice to close a win and house money roll it up.

What is a house money roll you say? Funny you should ask.

I will show you how to make a 3x return in one month.

The Stock Portfolio is up $1200!

That is 8% for the month with the market up 2.6% for the month. The Flash10 is outperforming with 5 of the 6 stocks up. For my Flash10 stock folks, that is a 3x return on the cost of the class. Not too shabby! Clint Eastwood would be proud.

My one stock that is ripping is Robinhood Markets Inc (Ticker: HOOD). If my calls double early at the option target price I will sell them and roll up and out for my entry price. That is my House Money Roll, take in a credit and keep the position. I did not invent the move, but George Soros used it for famous gains. Then I will ride HOOD for the year with my credit option contract. It might not be the pot of gold in the grave Clint was looking for in The GBU , but it might be close!!!

To Your Trading Success,