Notifications

A heads-up for all you Newmont fans

– Posted in: Notifications

Actionable Trade-Alert from Rick in the Trading Room (Please check all related discussion in the room before you do any trades.)11:38  BaplgWas unable to find the earlier posts about NEM calls. RA commented "depends on what price you were able to buy them". About 10 days ago. Bought 4 6/21 NEM 37.5s at 1.05. Just got out of 2 at 2.38. Bingo12:05  RickI can't find the NEM reference either, Bap. I would never have recommended buying three-month calls, not ever, but you got aboard at a decent price just before they began to climb. The trajectory has flattened this week, losing a little ground relative to the stock, but the calls look like they will achieve a minimum 2.55. If they exceed that price, 3.15 would be my target. There are quicker, easier ways to make money. The price corresponds to a 39.33 target in NEM that looks like a 75% shot to be achieved, presumably within the next 3–5 days. Virus-free.www.avg.com

E-Mini Dow trades

– Posted in: Notifications

Actionable Trade-Alert from Rick in the Trading Room (Please check all related discussion in the room before you do any trades.)Here's a snippet of chat room guidance from today that you may have missed. It includes a potentially actionable coda:  10:47   Rick YM on a 'mechanical' buy signal from x=39,862 (15m, A=39,657 on 3/26; B=38,861 on 3/27) /// UPDATE 12:26 p.m.): Rally from x narrowly failed (by 10 points) to reach p=39,914. The position is slightly in-the-black at the moment, trading well above the 39,810 stop-loss. Please note that a 'dynamic' trailing stop using a 1:2 risk/reward would have taken you out at 39,899 with a $700 profit on four contracts. If you still hold a position, p=39,915 is still the minimum objective. /// UPDATE 12:46 p.m.: YM hs touched 39,914, so you should be out of at least half the position.The gain on two contracts would be $500.  11:05   Artie Thanks, Rick, already in. It's been one of my favorites lately. Micro that is.  15:33   Artie Thanks, Rick , that was a nice ride! 15:40   Rick Pleased that you were able to participate, Artie. As you will already be aware, YM lunaticked above my rally target at 40,017 just moments ago. Four contracts bought initially at x=39,863 would have produced a profit of $2,500, assuming half the position was exited as suggested at p=39,914.  16:53   Artie Rick, since she looked an [sic] flipped across your D pivot, would you update tonite if you find time? Thanks  17:16   Rick YM's final-hour short squeeze GUARANTEES more upside to at least 40,548, or to 40,858 if any higher (60m, A-39,425 on 3/20; or A=39,115 on 3/19). The word 'guarantee' here implies that any 'mechanical' buy that triggers will make you money. Please note that p=40,258 tied to the higher target could stall

Put buying opportunity in NFLX

– Posted in: Notifications

Actionable Trade-Alert from Rick in the Trading Room (Please check all related discussion in the room before you do any trades.)A busy thread this morning. My latest post involves a speculative possibility: using options to short NFLX, which is at a long-term rally target on the weekly chart.  11:48  geebellssom, I think Rick has stated there's a buy with a tight stop at $24.76 (coming soon?) and a chance, but not great of $23.47.11:59  RickSilver is deeply mentally ill, reflecting the absence of conscience in the criminals who manipulate it. This morning, for example. It is nonetheless a 'mechanical' buyyy at p=24.785, stop 23.930 (240m chart, A= 21.425 on 10/4/23).12:0012:02  RickNFLX will top at 632.47, so put-buyng is in order. Have an interview with Jim Goddard now, so can't elaborate, even as a chart alert flashes in my face. (weekly, a=231.23 on 12/31/18).12:02  geebellsI was able to turn a volatile short from yesterday into some money on this mornings raid, too eventful for my taste. Mentally ill it is, well put, Rick.12:10  SpartacusOK Then... sold 5 Apr 19 NFLX 600 calls @ 48.713:0013:18  RickYou sold them at the p midpoint of a clear pattern - a logical place to jump in. Consider selling a few more if the calls pop to the pattern's D target at $57. If they get second wind, that is as high as they are likely to go, at least over the near term. Here's the chart:13:18  Rickhttps://bit.ly/497Z5En13:30  RickAs an alternative, subscribers can bid 0.95 for some NFLX 19 Apr 480 puts. This is a speculative bet, so don't overdo it. The puts are currently trading for 1.10. This is a day order. Virus-free.www.avg.com

April Crude opporunity

– Posted in: Notifications

Actionable Trade-Alert from Rick in the Trading Room (Please check all related discussion in the room before you do any trades.)11:00 11:04  RickI don't usually recommend 'mechanical' entries at the red line, but April Crude would be an appealing buy at p=81.47, stop 79.90. An rABC 'camo' trigger will be needed to cut the 1.47 entry risk by at least 75%. Here's the chart:11:08  Rickhttps://bit.ly/3ToJIkT Virus-free.www.avg.com

Two ‘live’ trades posted in the chat room

– Posted in: Notifications

Actionable Trade-Alert from Rick in the Trading Room (Please check all related discussion in the room before you do any trades.)11:00 11:10  RickI am using a 67-point TI to short YM from any high between 39,334 and 39,34111:57  RickMSOS a 'mechanical' short at 9.40, stop 10.64 (daily chart, a= 9.88 pm 9/15). Virus-free.www.avg.com

Impromptu session at 11:30 a.m., in about 23 minutes

– Posted in: Notifications

Actionable Trade-Alert from Rick in the Trading Room (Please check all related discussion in the room before you do any trades.)11:05  RickI am going to open an 'impromptu' session at 11:30 a.m., in about 25 minutes. I will take requests and review the trade set-ups I am currently looking at. Check back here at 11:25 for the Zoom access code. The session will be recorded. Virus-free.www.avg.com

For your information….

– Posted in: Notifications

Actionable Trade-Alert from Rick in the Trading Room (Please check all related discussion in the room before you do any trades.)12:51  RickDon't look now, but today's high in ES has gotten with less than one-tenth of a percentage point of a very major target at 5165.25 on the weekly chart. The very sausage-y 'B' high makes the target unreliable, but not so unreliable that the futures will easily surpass it. Thee is no way that can happen. Let me see if I can find a suitable opportunity using SPY puts. Here's the chart:12:51  Rickhttps://bit.ly/48LWksa12:57  RickSPY's weekly chart still has a ways to go to reach a 520.54 target. The initial move through p=464.88 all but guarantees D=520.54 will be reached, so there is not much risk in waiting till it gets there before buying puts. Here's the chart:12:57  Rickhttps://bit.ly/3T3NQqx Virus-free.www.avg.com

Trading Room notes

– Posted in: Notifications

Actionable Trade-Alert from Rick in the Trading Room (Please check all related discussion in the room before you do any trades.)There are some timely posts you should check out, including a touted 'buy' in crude; an observation about getting short when EVERYONE else is trying to do it; and some encouraging signs in bullion. RAVirus-free.www.avg.com

Cancel/replace AMZN put order

– Posted in: Notifications

Actionable Trade-Alert from Rick in the Trading Room (Please check all related discussion in the room before you do any trades.)Change order: Bid 0.52 for AMZN 8 Mar 167.50 puts, day order. Virus-free.www.avg.com   Apologies. This did not reach you earlier because the mailout address was erroneous. The suggested change is still viable. RA

Buy AMZN puts

– Posted in: Notifications

Actionable Trade-Alert from Rick in the Trading Room (Please check all related discussion in the room before you do any trades.)Monday, February 26, 202409:44  RickBid 0.20 for AMZN 1 Mar 170 puts, good till noon. The trade is intended to leverage this 176.09 'D' target in the stock:09:45  Rickhttps://bit.ly/3uLdLv0 https://bit.ly/3uLdLv0   The stock has already traded slightly above the target this morning, but the options, currently at 0.48, look like they want to fall to 0.19.  This implies AMZN will test this morning's high.  RAVirus-free.www.avg.com