Wednesday’s Long Shot Jumps 438% As Market Tanks

[Midday Momentum] Friday, June 10, 2022 [Wednesday's Long Shot Jumps 492% As Market Tanks]( By Garrett {NAME} Improving Sectors: Nothing. Only five stocks hit 52-week highs today. Weakening Sectors: Everything. Watchlist BLTE, PME, PBT, XOM, NTR, MU [Midday Momentum]( here at 12:30 pm (ET).]( Dear Reader, Since the launch of Midday Momentum, I've been looking for a Hot Long Shot that can pay off immensely. However, I always warn you - upfront... that this is a low probability trade. It's critical to understand that if an option has a 6% probability of profiting, you only have a 1 in 16.5 chance of making money on it. I'm looking for an option that appears mispriced in this environment. If I think an option should be a 1 in 10 chance, then the odds are statistically in my favor. That happened on Wednesday when I pointed out the day's longshot. I wrote: Next Friday's ProShares UltraPro Short QQQ (SQQQ) $56 call is $0.65. It's a very low probability trade in the 6% range. If the market implodes, this will be a winner. Don't bet much. It's a long shot... for a reason. The market would have to drop significantly. But who knows in this environment? Today, that same option - the June 17, 2022 SQQQ $56 call trades at $3.85. So, if you haven't taken profits off this trade yet - now is the time. You'll want to sell half of your position... and hold the rest with a tight stop at $2.60 to ensure a 300% gain on the remaining half. That said, there could be even more pain next week. If you didn't notice... the market has tanked. And it might have much further to go thanks to inflation mismanagement. [Click here to continue reading the Midday Momentum letter.]( Join the Live Room for the [World's Biggest Trade](. Sincerely, Garrett {NAME} You are receiving this e-mail at {EMAIL}, as part of your subscription to Midday Momentum. To remove your email from this list: [unsubscribe here](. To cancel, or for any other questions or requests, please contact our Customer Service team: [Online]( Phone: 888-384-8339 (North America) 443-353-4519 (International) Mail: Midday Momentum | Attn: Member Services | 1125 N Charles Street | Baltimore, MD 21201 Fax: 410-622-3050 Our Customer Service team is available Monday ‑ Friday between 9:00 AM and 5:00 PM ET. © 2022 Money Map Press. All Rights Reserved. Nothing in this email should be considered personalized financial advice. Although our employees may answer your general customer service questions, they are not licensed under securities laws to address your particular investment situation. No communication by our employees to you should be deemed as personalized financial advice. We expressly forbid our writers from having a financial interest in any security recommended to our readers. All of our employees and agents must wait 24 hours after on-line publication or 72 hours after the mailing of printed-only publication prior to following an initial recommendation. Any investments recommended in this letter should be made only after consulting with your investment advisor and only after reviewing the prospectus or financial statements of the company. Protected by copyright laws of the United States and international treaties. This Newsletter may only be used pursuant to the subscription agreement and any reproduction, copying, or redistribution (electronic or otherwise, including on the world wide web), in whole or in part, is strictly prohibited without the express written permission of: Money Map Press. 1125 N Charles Street, Baltimore, MD 21201. [Website]( | [Privacy Policy]( | [Terms & Conditions]( [sg_hidden_unsub]