On this week’s edition of Crush the Open…
It’s a bit of a slow start to the week, but Lance and I worked hard to find potential trading opportunities.
We’re not soothsayers who try to predict what will happen with the economy and market next year or the year after…
I don’t think anyone can really know that… And to be honest, I don’t care, either. I’m from the church of “What’s happening now?”
We like to look at what’s going on today and see real, live quotes in the options market. Then we decide whether the risk-reward on a particular trade makes sense — and we like to break that down for you so you can decide for yourself…
Crush the Open
And we did just that in today’s episode of Crush the Open, covering several actionable trade ideas in addition to our usual shenanigans… Like Lance telling everyone how he went all Florida man and chased a coyote that’s been going after his chickens…
Lance also likes to date what he calls the “dope names,” meaning pot stocks… We also covered some precious metals and mining stocks that have intriguing chart setups — and cheap options!
And we pinpointed an interesting earnings play in Chewy Inc. (NYSE: CHWY), which has a large short-interest float of 26.16%…
We could have a monster short squeeze on our hands if Chewy beats. Check out Crush the Open up top and Lance and I will dissect the trade opportunities presented by Chewy.
Are there any topics you’d like to see me cover or questions you’d like answered? Send me an email at jeff@joyofthetrade.com. And be sure to stay ahead of the markets by subscribing to our YouTube channel and our Instagram page for all of the latest! Don’t forget to like, subscribe and leave us a comment!
You can also join my free Telegram channel, where I share real-time market insights throughout the week, articles, videos and more!
*This is for informational and educational purposes only. There is an inherent risk in trading, so trade at your own risk.
P.S. NINE New Trades Have Just Been Posted for You
If you missed today’s live class, that’s a real bummer… But there’s still HOPE!
I just posted NINE brand new trade alerts for the month of December…
Click right here to instantly access the alerts!
You’ll notice there’s four long positions and five shorts… That’s to protect us in bloody markets. As many traders’ accounts are down…
We’ve been crushing it with my favorite HEDGED strategy: Money Flows Elite!
Like last month, where we hit some winners like 176%** and even 248%**!
Get Started With Money Flows Elite Today!
**The profits and performance shown are not typical, we make no future earnings claims, and you may lose money. From 1/05/22 through 12/01/22 on live signals, the average win rate was 39.84%, the average return per trade was 4.68% on the options, the average winner was 97.28% over a 28 day average hold time.
