Yesterday's signal meant taking profits in just one day.
| 100% Profit as VFC Dropped 10% on Great Earnings | By Brandon Chapman, CMT | Something happened that I want to break down for you. | Most traders and investors don't really get what just occurred. | They're disappointed today, but I'm hoping you're enthused because you were prepared. | If not, don't worry. I've got you. | This morning before the bell, VF Corporation crushed earnings--beat by 35%. Adjusted EPS hit 58 cents versus 43 cents expected. | Plot twist: the stock opened down 10%. | Most traders spent the morning confused. Social media filled with bullish "here we go" posts, only to be replaced with shocked faces minutes into the session. | Retail expected a breakout. | They were wrong. | |
It wasn't a Mirage.
| Sometimes the gamma squeeze signal is a mirage. VFC was not. | But we knew it wasn't. We discussed it during the Ghost Hour. | If you missed it, then you probably also missed making the VFC put butterfly spread that pocketed 100% return on risk in just one day. | Gamma squeeze trades can be very profitable, so long as you don't get caught in the third of three common traps. Something I call the Gamma Mirage. | Tonight I'm demonstrating how to avoid these pitfalls LIVE at 7PM EST. | Click Here to Reserve Your Spot for the Webinar | |
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