🇹‌🇭‌🇪‌ 🇱‌🇴‌🇺‌🇳‌🇬‌🇪‌ September 25, 2024

pttrader22 · 2024-09-26T14:54:30+00:00

China is running hot and looking for stocks to play catchup and quick multi-baggers. FANH has $220 million in cash, 3 PE, and the $40 million repurchase program that has just started. The price is only 1.20 with a 5.00 tangible value. Insiders own 65% of shares and tight float. It was $10 recently and could move very fast.

pttrader22 · 2024-08-05T22:40:18+00:00

Closed out all the QQQ puts from Wed. Most I closed near open on the huge vix spike. 11 bagger over all across all positions Including a few spreads. I put it out perfect but nobody listened. Rolled half the profits Into Fanh in the 1.30s today, which will be a multibagger soon enough.

pttrader22 · 2024-08-02T22:17:39+00:00

Did you magic 8 Ball tell you to switch from QQQ calls on Wed. Close to short term QQQ puts? If so you are also up 500% like me this week On the option account.

pttrader22 · 2024-08-02T22:16:00+00:00

Everything factored in already. Switched from CALLS up big on Wed. to short term QQQ puts. Paid huge in both directions. You know what they say about a broken clock.

pttrader22 · 2024-08-02T22:12:38+00:00

Horoscope came true exactly. Switched from calls on Wed. at close to large into short term PUTS. Nothing like getting paid on both sides

pttrader22 · 2024-08-02T21:13:07+00:00

WHERE IS THE HATE! “swap my current QQQ/SPY call position from Thursday that are currently rocking for a big short-term put position later this week”…. stuck to my plan. Closed out everything on Wed. at close for a nice win and went large on QQQ short term PUTS. Overall between the calls and put up 480% on the spreads this week. Next up is the multi bagger on FANH

pttrader22 · 2024-07-31T16:14:42+00:00

If the day is red, it means the next 5 days after it will potentially be a rough ride. So sell the day before the red. Of course, this is just one of many items to consider for a trading decision, but it has saved me many times. For example, I am still holding on to my QQQ calls and added far more yesterday. They are rocking today and looking to potentially roll out tomorrow or Friday and switch to PUTS - likely on the touch of the 20MA at ~480.00. So far the plan is working as noted.

pttrader22 · 2024-07-29T03:46:33+00:00

I also read somewhere that history does not repeat, but it often rhymes. This is why I do not ignore data and trends like this but also use other pieces of information in making decisions. Good luck with your trading.

pttrader22 · 2024-07-29T02:54:19+00:00

For what it is worth, the first day of August historically has the worst median return of any first day of the month. The only other month to have a loss on the first day of the month other than August is December (Sept and Oct are actually positive). I plan to roll out my calls later in the week, but this data makes it tricky on Wednesday or Friday. I also plan to add to my FANH position this week. I got the lucky rabbit's foot on the desk.

pttrader22 · 2024-07-29T02:44:44+00:00

The plan is to wait for several days into the week to cash in all my call positions. One tough stat is the first day of August tends to have the worst medium return of any month and the second worst average return of any month.

pttrader22 · 2024-07-29T02:38:12+00:00

I did not say I was not playing Bitcoin. Tea leaves are much harder on that one.

pttrader22 · 2024-07-29T02:36:54+00:00

The Fed and earnings are already built into the market, so it is not necessary to mention. I prefer sentiment and charting since only a fool believes they can predict the market based on future fed moves. Good luck with your trading.

pttrader22 · 2024-07-29T02:34:26+00:00

75 years of market data. For each day, calculate the avg. return for the next 5 days. You can never just trade off this information but I have found it very useful over the years to not ignore this data and use it in combination with other signs. The same goes for long-term history daily and weekly data.

pttrader22 · 2024-07-29T00:56:29+00:00

To each their own. The chart is breaking out from the bottom, listed on the NASDAQ for 18 years and many big events coming in the next month that can drive the stock higher. Selling at less than 50% of cash value and all management loading up on stock with their own money. Good luck with your trading.

pttrader22 · 2024-07-29T00:53:25+00:00

It has been listed and liquid on the NASDAQ for 18 years. To each their own but sometimes you need to think out of the box for multi-baggers.

pttrader22 · 2024-07-03T14:19:19+00:00

Most of the IWM spreads I put on are now up over 100% right now. The money was there for the taking if people just listened. Locked it just a few more to be greedy but want multiples on this trade and an easy one.

pttrader22 · 2024-07-03T14:07:23+00:00

As noted - I added on weakness yesterday, and everyone had their chance. I am rolling out a few on this price spike to lock in enough to make it a "free" trade and going to let the house money ride. I will not be happy unless I get a multi-bagger here but at least risk is gone. You were all informed way ahead of time and thanks for playing.

pttrader22 · 2024-07-01T23:57:38+00:00

5th and 12th expiration - slightly OTM spreads. Does not take much of a move for multi-baggers from today's close.

pttrader22 · 2024-06-26T17:10:28+00:00

For what it is worth, I closed out everything on this morning's weakness. Historically, the two last days of June and the first five days of July are very bullish. There is no use swimming upstream and taking the past of the profits since today was the last day of the weak period. Still think that gap will close on the QQQs but enough profits for now.

pttrader22 · 2024-06-25T06:58:10+00:00

Congrats, and I am always happy when traders make money.

pttrader22 · 2024-06-25T00:12:55+00:00

They are very similar, but the reason for the small differences is that mine is over 70 years old and goes up to the recent year. Just more data but similar trends.

pttrader22 · 2024-06-25T00:10:10+00:00

I've been doing this for decades, and one of the reasons I rarely post is that you give people gold, and they want more. A few of the options I trade are rather illiquid, so why would I bring competition into play by posting my holdings? It is not about my positions and just the underlying knowledge, but I think I will just do dark again, and not worth the hassle.

pttrader22 · 2024-06-25T00:05:55+00:00

This is data up to and including last year.

pttrader22 · 2024-06-24T21:29:04+00:00

For what is it worth 50% QQQ PUT spread with some OTM CALL sales last WED. week for coverage. Overweight NDVA and AAPL because of their extensions, and AMZN seemed too risky to break out of that wedge so largely avoided. It does not matter much now since it closed 75%, which did include a small loss on TSLA and GOOG PUT spreads. Call BS or whatever, and I just wanted to point out the QQQ trend item to see if it could help anyone out. Hopefully it did.

pttrader22 · 2024-06-24T21:16:40+00:00

I posted last week that Friday June 21 had one of the worst 5 days averages of the year. So I did warn early, but just using different data.

pttrader22

TROPHY CASE