A Thanksgiving Rally Hangover

Dear New Money Club Member,

Coming off the holiday, stocks had a turkey hangover…

Yet even though we received a disappointing November jobs number this morning, the Russell 2000 is moving higher. Bad numbers mean more stimulus, while good numbers mean ... more stimulus!

Now, the CBOE Volatility Index (VIX), aka the “fear” index, is still above our key 15 levels, trading at 20. But there are still plenty of opportunities out there, and we’ll continue to be nimble and lock in big, fast gains like we did with VALE.

Portfolio Update

On Monday, we issued an alert to:

Buy to Open Vale SA (NYSE: VALE) Dec. 24, 2020, $16 calls (VALE201224C00016000) up to $0.22 per contract or better, for the day.

And on Tuesday, we elected to lock in overnight gains by closing VALE at the market.

That means right now, we’re holding:

  • Hostess Brands Inc. (Nasdaq: TWNK) Dec. 18, 2020, $15 calls (TWNK201218C00015000).
  • Sandstorm Gold Ltd. (NYSE: SAND) Jan. 15, 2021, $10 calls (SAND210115C00010000).
  • Plug Power Inc. (NYSE: PLUG) Dec. 24, 2020, $35 calls (PLUG201218C00035000).

So, let’s keep focused and let the market come to us. And you know the drill: I’ll be keeping you updated every step of the way.

After-Action Report

Vale SA (NYSE: VALE) Dec. 24, 2020, $16 calls (VALE201224C00016000)

Date: Dec. 1, 2020

Reason: Our system triggered a bullish signal after a $5.5 million New Money bet. This activity was a 1,600% surge in calls purchased that would only profit is shares moved higher.

Outcome: 110% gain

Notes: We executed this perfectly and took our overnight gains. Options are volatile and can make the best options traders second-guess themselves. Enjoy the win and go enjoy the profits this weekend.

Congrats on Your Wins!

Markets move quickly, and often we find ourselves moving on to the next trade without looking back.

However, when we have the chance to take a big profit, it’s important to take a second and celebrate your victories.

Here’s what some of you are saying:

“I had 30 contracts of VALE options that sold thanks to the alert I was sent. I made $2,200.” — Syed A.

“Your service allows me to stay home and make money. Keep sending me trades like VALE.” — Isabelle D.

Congratulations again on your gains — and for taking action. We’re a group of outsiders who need to stick together to beat Wall Street.

With that, have a great weekend. I’ll have a new trade for you on Monday.

To your wealth, freedom and options!

Joshua M. Belanger

New Money Club