Good morning, traders…
You have no excuse for not making gains in this market.
Last Thursday, I gave you five trade ideas.
Five options contracts from my Dynamic Watchlist with insane Smart Money volume.
Why? Big institutions move share prices more than any other market force.
When millions of dollars flow into a specific strike, that means the Smart Money has positioned ahead of a move.
Because they know something we don’t.
Four of the five contracts I alerted have already developed into big winners.
Three of them have gained more than 200% since Thursday.*
- Cipher Mining Inc. (NASDAQ: CIFR) December 19 $13 Calls: $2.80 to $4.30 (56% gain)*
- The TJX Companies, Inc. (NYSE: TJX) November 28 $149 Calls: $1 to $3.50 (250% gain)*
- Walmart Inc. (NYSE: WMT) December 5 $106 Calls: $0.50 to $1.93 (200% gain)*
- Alphabet Inc. (NASDAQ: GOOGL) December 5 $300 Calls: $5.50 to $21.00 (281% gain)*
My alerts are tripling positions in four trading days.*
I don’t say this to brag. I say it to motivate you.
If you missed last Thursday’s winners, here’s your chance to act.
Due to the shortened trading week, I’m narrowing my normal five picks down to three.
You don’t have to watch dozens of tickers, contracts, and indicators right before Thanksgiving.
You just have to track these 3 undeniable Smart Money setups…
MRK April 17 $100 Calls
Merck & Co., Inc. (NYSE: MRK) is in a beautiful uptrend, up 8% this week and 18% in the past month.
I’m looking for a classic “Stage 1 to Stage 2” breakout transition.
Stage 1: When the chart stops going sideways.
Stage 2: When it starts making higher highs and higher lows.
That transition signals the beginning of a sustained trend higher.
Plus, the company just announced two bullish catalysts:
- Increasing its dividend to $0.85.
- Completing a $9.2 billion acquisition of flu prevention company Cidara.
With more than four months left on these contracts, you’ve got plenty of time for the breakout to continue.
Smart Money flow? Check. Strong chart? Check. Bullish news? Double check.
DAL December 6 $60 Calls
I’m watching Delta Air Lines, Inc. (NYSE: DAL) due to a major rebound in sector strength.
When the government was shut down, flights got canceled. Airline stocks got hammered.
But now, the government has reopened right in time for the busiest travel months of the year.
A perfect storm of bullish indicators is forming for the airlines.
And DAL is best-in-class.
Plus, these contracts have all next week to play out.
No wonder the Smart Money is flowing in.
MRVL November 28 $80 Calls
I’m looking for continuation into a break above resistance at $84.30.
Marvell Technology, Inc. (NASDAQ: MRVL) tried to crack that level on November 19 and failed. Now it’s trying again.
These contracts are short-dated. RISKY. Timely alerts are crucial.
Set an alert just under $84.30 so you’re ready to go right when the breakout happens.
If it can’t break that level today, we’re looking at a double top that will invalidate the setup.
How To Trade In A Shortened Week
Remember the considerations we covered yesterday.
There’s no reason to oversize into a 3.5-day trading week.
Especially when our recent alerts have tripled in just a few days.*
Time decay will be more extreme. Volume will likely dry up after lunch on Wednesday. Spreads will widen.
Use small position sizes, take gains early, and set your alerts immediately.
Happy trading,
Ben Sturgill
*Past performance does not indicate future results
