Did you know that if you chase call options in stocks that are trading far above important moving averages, Theta can often go against you in the early going?

And why does this commonly occur?

Because stocks often revert to the mean before moving higher again.

I am about to show you how a combination of events in TSLA shares caught a lot of retail traders just like you off guard.

Over my 20+ year career as a trader and educator, I can’t tell you how many times I’ve heard my students say that the ONE THING they need to learn is how NOT to rush into a trade.

Folks – trading is 90% knowing how to manage your emotions, and that’s why so many traders without the proper training fail.

My Bullseye Unlimited members know that when I deliver my BEST trade ideas to them each and every trading day, these ideas are based on a sound method of waiting for the right price levels.

And when they’re not able to attend my LIVE trading sessions, EVERYTHING that is key to understanding how options and markets work is right at their fingertips in my EXCLUSIVE Stock Options Explained library. 

If you haven’t heard, Elon Musk dumped a WHOLE LOT of shares on retail traders earlier this month.

As this next chart shows, the sequence of events surrounding the closing of the TWTR deal probably caught two types of traders off guard:

1. Those that chase breakouts
2. Those who try to time bottoms

But I use a CUSTOM chart overlay to help me understand when a stock that I want to buy is showing strength.

And as this next chart reveals, that was never the case with TSLA during the period we’re discussing.

As the chart also shows, my knowledge of candlestick charting steered me from ever thinking that buyers were rushing in to buy the lows.

RagingBull’s long-time customer support representative, DREW is standing by if you have any questions. 

Just Dial 443-218-2831 and he’ll be ready to take your call.

Don’t wait too long, however, because my next BEST trading idea drops before the market opens tomorrow morning!

To YOUR Success!

Read this and let this sink in for a moment:

ARE YOU KIDDING ME???!!! 

This Wall Street analyst, who probably makes more than you and me put together, once had a $430.00 price target on this stock and his target is now $1.00???!!!

And the best part? He probably sleeps well at night knowing that there’s nothing illegal about how he screws over retail traders like you.

Now do you understand why I am SO passionate about what I do?

20+ years of educating folks just like YOU how to know when a trade is broken and the steps needed to protect yourself is how I sleep at night.

Oh, and the comfort of my “daisy cutter” (that’s what I call one of my guns) being right beside me helps too.

Picking sound trade ideas and educating folks how to manage these ideas in a way that both maximizes winning potential and limits risk IS WHAT I DO!

And when judged in the modern-day court of public opinion, it appears I’m darn good at it.

You know what else?

There’s a TON of competition in this business…

And some of the biggest players are still getting their members caught up in CHASING hot stocks and keeping them in those stocks during big market downturns.

Folks, history suggests that some of the best seasonal winds may be about to blow into year-end…and if you’re sitting there waiting to trade blindly without a plan…

Well, I wish you luck.

But if you are TRULY ready to learn how to find the right options trades to match the right market conditions, and establish a method of risk management that has worked over my 20+ year career, I will be here Monday morning ready to help you.

Remember, my next BEST idea drops before the market opens on Monday, so time is running out. 

To YOUR Success!

I usually could care less about crypto.  I don’t own any and if I want to trade it, then I just trade stocks that have a lot of exposure like COIN or MARA.

But this chart is something that will make your jaw drop. Here’s a one-month chart of FTX token, backed by none other than FTX:

If you’ve been living under a rock, here is a quick recap:

A couple of weeks ago, FTX was the gold standard of crypto brokerages.  Every VC and celebrity wanted their name associated with them.

Fast forward a week and FTX has filed for bankruptcy, and its valuation went from $40 billion to $0. 

If you’re stuck holding this or any related crypto, you’re probably down huge, much more than you thought possible – and I truly feel sorry for you and this whole situation.

Well, that’s the difference between a pro trader and an amateur. In every single trade, I make sure my RISK is defined. 

In fact, the first thing I always do is ask myself where I will stop out of a trade for a loss.  Maybe you think that is backward thinking, but approaching trades that way has saved me a lot of money over the years.

You see, by trading with options, my downside is limited, and I make sure I always stay in control. Unlike these amateurs, lol.

Just take a look at the CEO of “risk management” for FTX (super funny clip if you haven’t watched it yet):

Howie on Twitter: “Absolute disbelief https://t.co/QjoZrWlz8v” / Twitter

I mean, that is amateur hour at its finest. 

That’s why these guys are a flash in the pan, and I’ve been around for 20 years. 

I have thousands and thousands of subscribers that receive my detailed trading plan every single week. 

Here’s what you will never see a FURU (fake guru) post. Here was my loss on my Bullseye Trade of the week.

I was wrong on NIO and took my loss like a big boy. And the loss was small.  Like I said, I always determine where I will stop out before I make a trade to keep my losses small.  

In this case, I lost $1200 over a couple of days’ time – but the key is that I respected my trade plan.

Now, compare that to the monster we saw last week! Here’s what happened.

I didn’t even get close to hitting the 300%+ that was possible on META that week, but sticking to my plan enabled me to put $7200 profit in my pocket for the week on a $6600 investment.

Not a bad week of “work” at all if you ask me?

Trading is a game of probabilities, and when I’m wrong, I get the F out. If you want real money setups from an accountable trader and not a snake oil salesman, sign up to Bullseye Trades today. I’m not sure if my next trade will be a winner, but I’m damn sure I’ll be prepared with a plan, and so will you!

Here’s what my subscribers are saying:

Join the best community on Wall Street. Sign up to Bullseye Trades and improve with thousands of others. 

What do you really have to lose here?  It is less than $100 to get started and I am even backing this up with a full money back guarantee.

This is a no-brainer!

Get started today, and be ready for the next big idea coming on Monday before the market opens.  

I’ll see you there.