Rocket Companies $RKT has surged to the upside, resulting in our RKT 9/20 $20 calls doubling in value!

The contract traded at over $1 yesterday, giving us an excellent opportunity to sell half the position, effectively reducing the cost basis to zero. 

*** The calls are currently trading around 0.80 at the time of this note. Depending on ones entry price, we want to enter limit orders to take ½ the position off at a double (if have not already done so). ***

We aim to secure profits like this as quickly as possible, and then enjoy a "free ride" with the remaining calls.

This approach embodies the core of the breakout multiplier strategy.

The idea is to put ourselves in a position where we can either win big OR lose nothing as often as possible....

Rocket Companies $RKT is in the process of completing a primary trend reversal as it breaks out to its highest level since 2021 on the heels of an earnings beat.

The stock holds a 13.6% short interest and a 6x days-to-cover ratio, which could spark a major squeeze.

As long as we’re above 15, we want to be long RKT.

With the primary trend just now turning higher with the completion of a textbook rounding bottom formation, we like this one over longer time frames too.

Here’s the chart, showing volatility surging higher as it comes off record low levels:

At the end of the day, our number one goal is to help you secure a double on your trade. 

The Breakout Multiplier system (BOx) is a success when we sell lots of doubles. Period.

Think of flipping a double as securing a free ride. In bull markets, these free rides tend to turn into multi-baggers. That’s all we’re trying to do—put ourselves in the position to win big, consistently.

Once you get that double, it’s on you to decide the next steps. 

We will provide suggestions and always discuss how we are trading out of the remainder, but because everyone's risk tolerance and objectives are different, this is a decision you need to make personally. 

And it should come with a great deal of thought.

Consider the following:

• How much capital do you have in your account?
• How much and how often can you stomach losing?
• How greedy are you -- can you let your winners ride?
• Did you oversize the position in question?
• What is the broader...