בס״ד

CHECK OUT THE NUMBERS! 3267%, 900%, 800% & 550%… with The NAZ Now in Play (QQQ, CARR, TW, PNR, PKG, POST)

Posted on October 23, 2023

We’re operating on little sleep here—and lots of adrenalin.  May G-d be with us.

It’s gonna be brief.

We’re trading the NASDAQ Composite today, because we believe the market is at a crucial turning point.

But before we get there, we have four trades to close and two to report on from last Friday’s OPEX.

So get out your pencils, fellow Jews, sharpen ‘em good, and let’s roll.

We start with our PKG trade, which we told you on Friday to leave be.

And that was a good choice.

We raked in the full five points on the trade.  Added to the initial credit and adjusted for minimal commissions, gives us a win of 3267%.

——————–

As for our POST initiative, we also urged you to leave it be.

Mistake.

We lost $1.62 on the short CALL, but had a credit of $1.35 entering expiry.

That leaves us with a modest loss of $0.27.

We start the week with a look at our CARR trade.  It was opened on July 24th and urged you to sell the CARR December 15th 55/57.50 CALL spread for $0.95 and buy the CARR December 15th 52.50/50 PUT spread for $1.05.  Total debit was $0.10.

And now…?

The CALL spread can be repurchased for $0.40 (0.75/0.35) and the PUT spread sold for $1.40 (5.10/3.70).

Do it and you walk with $0.90 NET on ten cents spent.

And that’s 900%.

Mazel tov if you went in big.

——————–

Our TW trade arrived on 9/11 in a missive entitled Trade Against the Traders.  There, we recommended the sale of the TW November 17th 85/90 CALL spread for $2.20 and purchase of the TW November 17th 85/80 PUT spread for $2.40.  Total debit was $0.20.

Today, the CALL spread can be bought for $1.10 (1.45/0.35) and the PUT spread sold for $2.40 (4.50/2.10).

Get it done and yours is $1.10 NET on $0.20 spent.

Mathematics tells us that’s—

550%

Finally, we turn to our PNR trade from September 20th.

The communique was called It’s Just Water, People and it implored you to sell the PNR December 15th 67.50/70 CALL spread for $0.90 and buy the PNR December 15th 65/62.50 PUT spread for $0.95.  Total debit was $0.05.

And now, it’s like this…

The CALL spread can be repurchased for $0.75 (1.50/0.75) and the PUT spread sold for $1.20 (4.50/3.30).

Execute and you depart with $0.40 NET on a nickel outlay.  That’s 800%.

Congratulations to the PODIATRIST for loading up on this one.

——————–

And now to the NASDAQ.

As the chart below will show, the NASDAQ has been in slow motion decline for several months, but the breakpoint appears now at hand.

Have a look—

May the Lord of Hosts deliver all good Jews and Noahides their proper, just reward.

With kind regards,

Hugh L. O’Haynew

 

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