Posted on May 6, 2020
Big trade coming your way today, all you coronavirus ghetto dwellers!
Afraid to go out and raise a ruckus?
What are ya, some kinda lockdown stooge?!
A big government sock-puppet?!
Plaything of the Bill and Melinda Gates Foundation?
We’re closing a trade today that was opened back on December 5th in a report entitled The Skinny & Pale that Cannot Fail. There, we urged you to buy the SFM June 19th 22.50 CALL for $1.00 and sell the SFM June 19th 17.50 PUT for $0.65. Total debit on the trade was $0.35.
The CALL goes for $1.25 and the PUT for $0.17. Sell the former and buy back the latter and you net $0.73 on $0.35 expended. That’s a 208% profit, and it’s better than a cold pot of beaners and weins.
Today’s trade is a speculative bet on near-term market direction, and it’s predicated on the following –
We’ve yet to witness the flushing of the bulls.
Many happy returns,