On today’s call we discussed rolling some positions that have entered the theta decay window. When we still like a setup, but we didn’t buy enough time, we simply buy more calls further out. 

Remember, this is what we did with SOUN. It was a zero before it was our best trade of the year.

Right now, HIMS is coming out of a perfect pattern as bulls regain control of the tactical trend.

We are going to game this roll a little bit and hold onto our existing calls for now. I think we’re coming out of this coil and can get more for them soon.

But in the meantime, let's position in new calls that give us a better shot of winning big.

We’re...

With Bitcoin closing in on fresh all-time highs, our crypto-related trades are playing out just as planned.

Our $CORZ 2/21 $17 calls just hit a high of $1.12 this morning.

We put them on Friday for $0.55.

Depending on your entry price, you might already have a double on your hands.

If that’s the case, it’s time to take action—we’re locking in some profits today and letting the rest ride risk-free.

We’re also keeping a close eye on $APLD and $CSCO, as both are approaching double territory.

With CSCO trading at new highs right now, I think we could get the move we need by today’s close.

Set your alerts and be ready for it!

Steve

One of our favorite setups occurs when a stock breaks a key level, fails to follow through, and then reverses sharply in the opposite direction.

These patterns are known as “shakeouts”, and the best ones set the stage for powerful breakouts.

It is no surprise these shake n’ go setups have earned us the quickest doubles. They’ve also delivered some of our best trades in 2024.

When we notice something working, we keep doing it. 

This week, we saw a lot of breakdowns failing, and shaking traders out before ripping higher. We jumped on the opportunity and put a new trade on the Regional Banks ETF $KRE. 

After hitting fresh two-month lows Friday, it’s reversed higher and trapped the bears this week.

The bounce is resulting in a textbook “scoop n’ score” setup—just as momentum is shifting in our favor. The best trades start working right away like this.