Thursday, December 14, 2023

Call Options from a month ago

 


For Subscribers, from 11/14/23 (1 month ago at 4400 SPX): "The 10/27/23 Low was major cycle Lows and we are generally higher into Jan 2024 Highs, targeting 4800-5000 SPX, which is 400-500 SP's higher. This is not a recommendation, but one could eg buy January Calls in one of the 7 market leaders and just hang on to them and manage to make profits with that if we see 4800 SPX"

Actual: We rallied 330 SP's in the last 4 weeks to this morning's Highs at 
4738 SPX, if the Call Options were bought a month a go, they would have more than doubled by this morning and then some.



Disclaimer
The contents of this article are for general information and educational
purposes only and should not be construed as an investment advice or
strategy. Past performance is no guarantee of future results. Trading in
Stocks, Options and Futures involve risks. Trade at your own risk.


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