ASTS options 09/16//24 near $1.50 – 2 days later $2.05 = 36%

My Trade Plan Details:

• ASTS Sept 27 $32 calls near $1.50
• Stop: Closes ASTS below $26
  
• Target 1: $33
  
• Target 2: $37

My Reasoning:

Last week was one of my best of the year.  

The Bullseye pick I had on Monday for DJT performed very well, with near 100% potential in just a couple of days.  This was exactly what I planned, as I thought there would be a lot of buyers into the debate on Tuesday night.

If you are a Bullseye Unlimited member, you also saw huge winners from APP, CAVA, DUOL, COIN and XLE.

It was one of those weeks where everything seemed to work out magically.

I am all cashed up now, and I hold no positions going into this week. I am looking to get started with one of my favorite momentum stocks, a brand-new stock I have never traded with Bullseye members before.

Keep in mind there is a very important Fed meeting on Wednesday this week where they are expected to start cutting interest rates (I am guessing they begin with a ¼ point cut).

As the market rallied strong for five straight days last week, I am fully expecting some profit-taking today and tomorrow in advance of that event.

This is going to be a choppy week, so don’t expect smooth sailing like we did last week.

If the market can’t find stability, then trying to go long with any stock will be a challenge, but I am confident that my target stock this week will find buyers as the week goes on.