Substack subscribers may be curious why they just received an email today with a recording of my live trading room morning session.
Well, you actually have 2 weeks & 2 days worth of my live trading room replays uploaded now, so ENJOY!
We have decided the best way for you to know about my analysis, live, is to show you some of it! You can find the recordings under the main menu: “RECORDED Live Trading Room”
Now you have access to my live trading room analysis - after the fact.
This is my live commentary each morning, setting up market-moving trades, engaging with clients, etc.
For access to my live portfolios & trade notifications for Swing & Trend trades, seriously consider a CLUB/EDGE membership.
Then you would also get, among other things, access to my full trading desk of contributors:
Craig's timely macro event risk analysis & fixed income positioning;
Geoffrey's insights on precious metals, fiscal dominance & arb trades;
Archna's earnings & advanced option trades;
Michael's morning report & ES levels;
Rithika's elliot wave analysis & stock/option trade set ups;
Alex's biopharma deep-dives & stock positions;
Tiffany's gamma squeeze analysis & option trade set ups...
Case in point: Thursday, Tiffany posted in her Slack channel for CLUB/EDGE clients, that she would be taking a position in MRVL for Friday based on the gamma structure.
Here is what she saw and how she traded it:
February 29th, AMD and other semis were breaking out after chopping around for a month. MRVL looked like it was ready to go and just needed to break above the trendline shown on the daily chart below. On the hourly chart squeeze momentum index was starting to curl up and there was good buying volume into end of day.
Gamma charts showed a ton of weekly calls with 75c being the gamma magnet.
I bought the weekly 74c for $0.17. I expected MRVL to gap up and sell off at 75 at the open so I sold around 0.87 and rolled some profits into March 15th 74c @4.85, expecting MRVL to push to 80 in the next few days. MRVL ended up closing at 77.61 on Friday and the 74c hit a high of $3.
