Lobster or Ramen for Dinner — All or Nothing on OXY Earnings
Hey trader,
I just finished recording a video about exciting market moves, including an earnings play in Warren Buffet's darling energy stock — Occidental Petroleum. If you're curious about how I'm approaching these trades, you won’t want to miss this!
In the video, I break down my trading strategy for earnings, and explain why I only ever risk a small amount of capital on trades like this. I'll also share my thoughts on the current chart and how Big Daddy Buffet's involvement could impact the stock, which is trading at a level where he’s been a buyer before.
I also dive into some interesting options activity in other stocks like Nio and Rivian, and take a sneak peek at some upcoming trades I'm eyeing.
If you're looking to stay ahead of the curve, you need to watch this video — you won't want to miss it.
*From 12/15/2020 to 02/24/23 on closed trade signals, the average win rate is 55.47%, and the average return per position (winners and losers) is 1.73% with an average hold time of 1 day on the options, with annual return of 345.56%.
Scanner Spots $3.5M Downside Bet as Markets Puke February 24, 2022
This market has been one tough SOB, and I don’t think anyone knows what’s next except maybe Jerome Powell!
Disclaimer: The material in this document is for informational purposes based on our proprietary research. It is not an offering, specific recommendation, or a solicitation of an offer to buy or sell any securities mentioned or discussed herein.
Any performance results discussed herein represent past performance, are not a guarantee of future performance, and are not indicative of any specific investment.
Due to the timing of information presented, any investment performance reflected within this document may be adjusted after the publication and distribution of this material. There can be no assurance that the future performance of any specific investment, investment strategy, or product made reference to directly or indirectly in this communication will be profitable, be equal to any corresponding indicated historical performance levels or be suitable for your portfolio. Any investment results set forth in this document are not net of expenses and execution costs, nor do they account for other relevant trading or investment fees. Please visit wealthpress.com/terms for our full Terms and Conditions.
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