Archive Category: Max Profit Alert (Alerts)

We have a lot to cover today! I’ll provide updates and guidance on each of our open positions… First though, I recommend taking action to lock in profits on a portion of your KRE puts, which are now trading for about 50% more than we paid for them in early August. Here are your instructions: Action to take: Sell to close one-third of your June 21, 2024 expiration, $48-strike put options on the SPDR S&P Regional Bank ETF (NYSE: KRE) with a limit order for $7.20 or higher. I recommended buying these $48-strike puts on August 9 and we recorded an official entry price of $4.80.

I’m happy to share three new Wednesday Windfalls trades with you this week! But first, a quick reminder about the launch of my brand-new stock trading strategy — Infinite Momentum Alert! Tomorrow at 1 p.m. Eastern time, my friend John Wilkinson and I sit down to share all the details. You’ll have the chance to join us and access the very first 10-stock portfolio my strategy has assembled. The event is free — simply click here to put your name on the list. Now, let’s get on to this week’s trades …

I’m happy to share three new Wednesday Windfalls trades with you this week! Before we dig in, I hope you’re taking the opportunity to join my Monday trade room. It’s open to all Max Profit Alert subscribers every Monday the market’s open from 10:30 a.m. to 11:30 a.m. Eastern. Not only do we review the prior week’s trades and signals, but we have what I believe are candid and informative conversations about the strategy. And Matt and I answer any and all questions, which you can submit in the chat box.

A few weeks back, I spoke in the Max Profit Alert trade room about how the energy sector was finally growing bullish again. The setup has only gotten stronger since, as I shared with attendees of today’s trade room session! I didn’t give them the exact details, but promised to issue a new trade alert on the sector as soon as the session ended … and here it is! Action to take: Buy to open the March 15, 2024, $92-strike call options on the S&P Select Energy SPDR Fund (NYSE: XLE).

This is a quick reminder that Matt Clark and I won’t host our normal Monday Trade Room session since markets are closed for Labor Day. We’ll take the week off and have a new batch of Wednesday Windfalls trades next Monday, September 11. I did also want to quickly recap last week’s trades, since we typically do that in the Monday session. It was a solid week for us! Two of the three call options I recommended were closed out on Wednesday for a profit, led by a +100% gain on the Hut 8 Mining Corp. (Nasdaq: HUT) calls.