We had the greatest morning in the history of trading…
We just witnessed what was by far the greatest morning in the history of trading.
Between the hours of 9:30 and 10:05, we made more money than most people will make in a day, a week, a month, or possibly years.
And it was all because we stuck to the premise I've been repeating over and over:
If you ain't fading, you ain't trading.
I've been talking about the residual sellers lurking up there since the massive sell-off three weeks ago.
Today, those shorts finally got paid.
We waited for the open. After the market annihilated the early shorts, the coast cleared. We waited for the break of VWAP. We waited for the break of the pre-market pivot at $724.50. And then, we got the triple confirmation with the "finger of God" rollover.
With just a few contracts, we opened the gates to an absolute grand slam.
We bought the $725 puts at $4.00. They went to $20.00.
When you buy a contract at $4 and sell a piece at $8, the rest of the trade is free. We sold at $12, $16, $18, and then got stopped out on the rest on the way down.
But remember, we also threw in a lotto play: the $715 puts, 10 points out of the money. We bought them for $1.00, and they went to $11.00.
That’s an 1,100% gain. A $1,000 position turned into roughly $11,000 in half an hour.
And why did the market sell off? Because $MU started selling off. It broke VWAP and the low of the day.
So what did we do? We bought $MUD at $9.08, and they went to $10.00. Or maybe you bought $MUZ - they went from $8.50 to $11.00.
This market is building products just for day trading, giving you incredible, low-risk leverage. If you took an $MU short with a couple hundred shares at $1,239, you made 100 points on the trade.
On 100 shares, that’s $10,000. On 200 shares, it’s a $20,000 trade.
This morning was a low-risk, grand slam clinic. For those putting size on, this was a quarter-million-dollar day between $MU, the $QQQ, and a fat-finger trade on SpaceX that gave us another 5-to-100 winner.
I made a video breaking down exactly what we saw and how we traded it.
Make sure you click the link below to watch the full recap, as you DON’T want to miss out on this video:
If you experienced this with us today and made money, email Mary at Stockmarket Media. I want you to be part of my next presentation.
If you’re already inside the room, congratulations. I’ll see you tomorrow.
If you’re not in here yet, you are missing out on low-risk, grand slam profits.
Here’s the link to join us so you’re ready the next time this happens.
Kenny Glick | Founder, Hit The Bid
P.S. $4 to $20 on the $QQQ $725s. $1 to $11 on the lotto plays. A massive flush on $MU using $MUD and $MUZ. This was a masterclass in market mechanics. If you aren't in the room learning this setup, you are leaving life-changing money on the table.
