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Breakout Multiplier

Peloton is a 12-Bagger

October 31, 2024

Here at Breakout Multiplier, we're all about booking big gains—and our Peloton $PTON play just hit it out of the park.

A month ago, we scooped up the 11/15 $7 calls for a cool $0.16.

By October 18th, we'd already sold half for a triple. This set us up to let the rest ride into earnings, while already securing a profit on the full position.

In other words, if the remaining calls went to zero (which they did not), we still made money on this trade.

Today, Peloton's ripping, up over 30% on the heels of earnings, and our calls are going through the roof, trading as high as $2.00 in today’s session.

That’s right—a 12-bagger, a whopping 1,000%+ return!

Breakout Multiplier

Banking on a Big Move in BAC

October 30, 2024

With the election right around the corner, we think banks are offering an extra spicy setup.

Bank of America $BAC is the perfect vehicle to express a bullish thesis on this theme.

The primary trend has recently shifted higher, and price has been consolidating in a triangle since it peaked back in July.

Breakout Multiplier

Securing Profits in $SOUN and $RIOT

October 29, 2024

The Breakout Multiplier strategy is all about persistence and risk management.

Sometimes, the trades we put on take a few tries to materialize, with some losses along the way. But when you hit that one winning trade, it makes up for everything—often covering those earlier losses and more. That's the key to this approach.

Our recent persistence with $SOUN has paid off in a big way.

We put some calls on a few months back and they went to zero.

We liked the setup even more at this point, so we simply put the trade on again, this time, buying ourselves even more time.

After surging 18% yesterday, our 1/17/25 $7 calls are at a double.

Breakout Multiplier

Peloton Has Tripled!

October 18, 2024

Peloton Interactive $PTON is up over 10% this morning and exploding higher from its range!

Our 11/15 $7 calls are surging with it. They are currently trading for over $0.50, which is a triple from where we got in.

This is the perfect moment to execute our strategy—sell half the position, lock in some well-earned gains, and ride the rest into earnings risk-free.

This pre-earnings trade is coming together as planned, and the best part? The stock is just breaking out, so we think there’s plenty left in the tank.

Breakout Multiplier

We Didn’t Buy Enough Time!

October 14, 2024

On last week’s call, we discussed putting a new trade on SoundHound AI $SOUN as our current calls are really running out of time.

We still love the setup. It’s the same exact situation as when we put the initial trade on two months ago, but better. 

This coil is truly at the apex of its range. A resolution is imminent. Let’s make sure we have the right exposure for it.

Breakout Multiplier

Selling the Double In SNOW

October 10, 2024

Snowflake Inc $SNOW is absolutely on fire, breaking out of its coil with authority these past two days.

This is exactly the kind of explosive resolution we hoped for when we entered our position. Volatility was tight. Now, it’s expanding in our favor. This one is working perfectly according to plan.

Our 11/15 $130 calls hit a high price of $5.15 today. Depending on what you paid, you might have a double on your hands.