THE NEXT BULLSEYE TRADE DROPS IN:
[Date 00 00 00]
*I want to emphasize that I have estimated the Max profit potential of my trade plans. These do not represent my personal, realized profits (except if noted). Options trade in a huge range from opening to expiry, and exact profits and losses depend on when the trade was entered and when exited. Trading is hard, results not guaranteed and should not be expected to be replicated typically.
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