THE NEXT BULLSEYE TRADE DROPS IN:
[Date 00 00 00]
Sep. 19, 2022
My Trade Details:
- CAT Oct 7 2022 180 Put near $6
- Stop : Close above $188
- Target : $170
Bullseye Pick Of The Week – CAT - Bullseye Pick of the Week
CAT over 200% move potential
I think the downtrend will continue and it will retest the lows that we saw in July around $170. That is my target if things go my way. Remember, if you are betting against a stock by buying puts, then you want the price of the stock to fall. We will discuss this live today @ 11am.
If I am wrong, CAT will go up from here. I would then stop out or a loss with a close above $188.
I am also only going to start with a half position size on this trade. I would like to have room to add to the position if CAT gets back to the low-$180 area.
Sep. 15, 2022
My Trade Details:
- ETSY Sep 30 2022 110 Call near $6
- Stop : Close under $102
- Target : $120
Bullseye Pick Of The Week Recap – ETSY - Bullseye Pick of the Week
Over 30% potential in 2 days, adjusted the trading strategy due to changing conditions!
ETSY was my weekly Bullseye trade of the week Idea on Monday. I used the weakness on Tuesday to get in at favorable prices and I took ½ of my position off into strength yesterday. That’s a quick 30% in 2 days