How to trade a "boring" Mega-IPO

Today was the IPO of what felt like the biggest company on the face of the planet. And considering that, it turned out to be a very boring day.

But boring is good.

If you stayed focused on $ADBE - just like we did with $ORCL recently - it wasn’t anything super flashy, but it gave us low-risk entries for decent rewards.

Here’s how it went down:

This morning, we bought Adobe at $201. 

We got 4 points out of it in about 347 minutes before getting stopped out. Our average exit was around $204- a clean 3-point winner.

Later in the afternoon? We ran the exact same trade. In at $202, out around $205 for another 3 points.

Both trades kept with our wonderful earnings strategy: playing stocks that are gapped down as they break VWAP from underneath. That strategy continues to work, over and over again.

If you're already inside the room, I'll see you at the class tomorrow, and I'll show you exactly how you should have been trading Adobe today.

If you're not in the room yet, here is the link to join us.

Right now, we are running a special sale for Hit the Bid. You can get either 30 days or full annual access at a sharp discount.

This offer only lasts for the next few days. 

Plus, the live HTB 101 class is happening TOMORROW, so you need to get in now so you don't miss it.

>> Get the full details on the special offer here.

I'll see you in the Room.

Kenny Glick | Founder, Hit The Bid

P.S. 3 points on Adobe in the morning, another 3 points in the afternoon. All using the same reliable VWAP break from underneath. I'm teaching exactly how to do this tomorrow at the HTB 101 class. Grab your discounted access here before the class starts.