Trade Alert: Lotto Ticket

A short term bullish option trade.

Dec 09, 2024

∙ Paid

An image that visually represents the concept of using call options to bet on low-priced 'lottery ticket' stocks. The illustration includes a hand holding a lottery ticket symbolizing low-priced stocks, and nearby, a rising arrow represents potential gains from a call option. The background shows a stock chart with volatile, sharp movements to illustrate risk, with a glowing dollar sign at the peak of the arrow. The overall color scheme should have a financial feel, with green for gains and subtle red tones to hint at risk.

Revisiting Our Euphoria Trades

In a trade alert last month, I posted four bullish options trades expiring this month on Portfolio Armor top names at the time that I considered Trump Trade stocks. Two of them are in the money already [Trades on Tesla (TSLA 0.00%↑) and Robinhood Markets (HOOD 0.00%↑), so I have removed the paywall on it.

Trade Alert: Euphoria

Portfolio Armor

Nov 12

I don’t watch the show, so I guess its title is ironic.

Read full story

For one of those four trades, the one Geo Group (GEO 0.00%↑), we just bought calls.

There’s a successful trader I follow on X, who mainly does these kinds of short term call trades, except he tends to go out-of-the-money (where the calls are cheaper). I just tailed him on one of his trades today.

Details below.

Keep reading with a 7-day free trial

Subscribe to The Portfolio Armor Substack to keep reading this post and get 7 days of free access to the full post archives.