It’s All Happening

Hi Shoppers,


Big news. Big. Huge!

 

I’m inviting you to join me on Thursday evening at 8 EST for a special live event where I’ll share — in full detail, for the first time ever — my Option Shopper method!

 

As Profits in Pumps readers/shoppers, you are familiar with my trading style, use of Japanese candlesticks, vertical spreads, etc.

 

On Thursday, I’ll show you how I put all the pieces together to create 220% profits in thirteen months!

 

>> Get Your Seat Now <<

 

Plus when  you sign up, you’ll receive immediate access to my 7 Rules for Trading guide for free …

 

And I’ll be revealing an EXCLUSIVE trade to attendees on Thursday. 

 

All you need to do is show up!

 

Now for some trade talk today …

 

What’s Goin’ On?

 

The past week for the markets has been crazy

 

See the cryptos this weekend? WOW!!

 

Check out the Investco QQQ Trust (Ticker: QQQ) chart:

 

 

Do you see what I see? (Christmas song in your head all day now :-D).

 

Friday’s candle is bearishly engulfing all of Thursday’s candle, which could be a signal of lower prices.

 

QQQ closed $383.13 and I think it has potential to trade down to $373-$374.

 

If QQQ opens and trades lower on Monday, I will be a buyer of the Dec. 10 expiration cycle with only a week to go.

 

 

      • I like buying the Dec. 10 382.50 puts with an implied volatility of 30.05 and selling the Dec. 10 372.50 puts with an IV of 34.20.

 

That’s a good four points of vol edge.

 

      • I will pay around $3.10 for this 10-point spread with exactly a week of life.

 

      • I will exit if the spread trades down to $2.10 and I will begin profit taking over $5.50.

 

Trade Review

 

      • On Friday, I recommended a call spread in Square (Ticker: SQ) after seeing a possible doji candle.

 

SQ traded down almost $18 at its lowest point on Friday!

 

This is why waiting for a confirmation is so important.

 

Not confirmed, no trade, no money lost.

 

Do you see what I see?  I will see you Thursday!

 

Thanks for Reading

 

Licia Leslie

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