Yo, Pit Crazies,
That is four trading days in the last 30 WITH A 3% UP MOVE.
Crazy upside volatility as investors want to pile in on hints of the Fed pivot …
3 month SPX chart with one-day candles
How to catch this market moment?
Be There Ahead of TIme
5% moves are not going to happen every day.
But as traders and investors, we can be ready.
Having a long delta strategy that minimizes risk is key to success.
Staying in long enough until the tide turns is important.
That is why I designed our Div+ Strategy in OP Mentoring.
Above is a snap of Minnesota Mining and Manufacturing Corp (Ticker: MMM). This trade idea gives me twice the upside and 1/10 risk of outright buying stock.
In a market like this, that is what investors need to ride the chop until the next pivot.
The Rundown
OP Mentoring
I closed an Alphabet Inc (Ticker: GOOGL) strangle for a 25% gain. The Div+ Strategy has 10 for 10 closed wins and is up in all four open positions.
Vol Trade Club
I closed a VIX/SPDR S&P 500 Trust ETF (Ticker: SPY) combo for a 31% gain.I closed the SPY put calendar before the CPI announcement and the VIX put after the announcement.
BMF
Mark closed the last of his Alcoa Inc (Ticker: AA) Dec. 09 42 calls for a 98% gain
To Your Trading Success,
AG