Good Morning!

Last week was our best week to date since the service opened. We were profitable with every SPY trade, including a 47% trade on Friday. We also were profitable on a CLF call we made.

The best part? Remember the MSFT contract I shared on Friday’s email? It went up nearly 1100%!

We’ve now provided 3 full weeks of service. Member feedback is really starting to roll in. Check out this review from one of our very first members of the live alert and discord channels:

This is the time to join our live alerts and discord community! I’ve auto applied a discount to the first month on the button below!

Whale Watching is our recurring segment where we share the most significant options buys from smart money on Wall Street from the previous trading day.

I shared this one on my social media yesterday, but I believe it deserves it’s formal writeup. The market is already catching on. We are up from 108 to 115 premarket. However, I think there is still room to run with this one.

We are looking at a gamma exposure heatmap in this image. Gamma tells us what dealers have to do based on price movement. You can see where dealers are positioned. We have MASSIVE positioning relative to everything else at 120 and 130 on the June 18th exp date. This position is certainly bullish. Just like anything in the market, nothing is a guarantee. However, I look for this massive exposure to act as a magnet for price. I think price will push into these ranges and test them.

I went with the 3 week contract as to give the appropriate time for the move to play out but this is an incredibly volatile name, it could knock out that move this week.

I look for SPY to trade very similarly to how it did last week! We’ve got overhead positive gamma at 760 as our biggest positioning on the map. I look for SPY to test that range at some point during today’s trading day based on dealer positioning. If we can claim that range more upside is possible. Rejection of that range likely leads to a day of chop.

As always, I like to see how gamma positions when the market opens to ultimately give me the direction I need to make the trade. If we see gamma building overhead that is a good thing. Gamma building below us will invalidate how we want to trade SPY at least temporairily.

Let’s build on an incredibly successful trading week last week. I’ll have everything firing on all cylinders.

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Hope to see you inside!

-Caleb