I Was Right!

Hi Shoppers,


First of all, I need to tell you something …


I was right!


Yes, I know it’s kind of bragging …


But when you put yourself out there, as I did on my Bitcoin and Coinbase call on Sunday, and are correct … Well, it simply needs to be pointed out!


You see, I wrote that BTC was trading $41,399 and Coinbase (Ticker: COIN) was at $194.44, and I predicted BTC to trade $43,000-$44,000.


It actually traded all the way up to $45,500.


I called COIN to trade $220 if it broke out and it traded $198.


Then it closed at $208.70 yesterday.


And I still think it will trade $220, closing that gap from Jan. 21


Let me also tell you about the iShares Silver Trust (Ticker: SLV) trade I made in Option Shopper …


After spotting a hammer on the SLV chart and getting the higher prices on Friday, I bought the Feb.18 21 calls at $.37.


They closed yesterday at $.65 – up more than 75%.


 I still have the calls, and I think SLV will trade a bit higher from here.


The best part of this trade is that I was thinking about buying calls in SLV and got a confirmation from our Power Income Trader Bill Griffo. (Thanks, Bill!)


And the timing couldn’t be better for you. …


Bill and Andrew Giovinazzi are actually holding a live event tomorrow night at 8 p.m. EST …


How to Profit in the Emerging Bear Market

Where to Trade, What to Trade, And How To Protect Your Wealth From Crazy Inflation

 

Andrew and Bill will cover a TON of incredibly useful and actionable information, including how to …

  • Take advantage of a change in the global power structure

  • Add new revenue streams to your portfolio via alternative markets

  • Exploit key differences between gold and Bitcoin for profit

And attendees will receive EXCLUSIVE trades from traders who have the experience to know what’s coming.

You do not want to miss Bill and Andrew.

Once you are signed up for tomorrow night, go here for TWO new trade ideas.

Thanks for Reading … See You Next Tuesday.

Licia Leslie

A Pair of Opportunities


Both Ford (Ticker: F) and General Motors (Ticker: GM) saw hammer candlesticks formed yesterday:



I think F can trade back to $19.84, closing the gap created on Feb. 4.


The Feb.18 18 calls are offered at $.43. That looks like a cheap shot to the upside.


Be sure to wait for the confirmation of a higher opening and F to trade higher today.


Here is the hammer in GM:


I think GM could trade back up to $52.50, possibly $55.


Wait for a higher opening before buying any calls.


The Feb. 18 50 calls are offered at $1.15. With 11 days until expiration, these may not be a bad purchase.


Don’t forget to sign up for tomorrow night. 


Thanks for Reading … See You Next Tuesday!

Licia Leslie

Andrew Giovinazzi

Andrew Giovinazzi

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About the Author

Andrew Giovinazzi

Andrew Giovinazzi

Former CBOE floor trader and CIO at Karman Line Capital. Author of ‘The Option Traders Hedge Fund’ with over 30 years of options trading experience.

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