Trade of the Week by TradePartner

 Dear Friend, Welcome to this week's Trade of the Week by TradePartner where we show you one trade you should be looking into for the week. We do this every week for you, so keep an eye out for another one next week. Open Positions Summary With the market selling off, we have a lot to cover today so let’s get to it: BIDU We mentioned that we wanted to hold for larger gains but obviously the market selling off will drag this trade down. Though even with the selling pressure, initially BIDU actually resisted and wasn’t taking much part. She finally gave in and we exited when she retreated on Friday’s close and we took our gains of about 4.35. We had a previous roll which brought our cost basis to -2.00. Total we net around $230 after costs, we’ll take it. BABA We just this very second closed BABA. She’s been a bit of a dog and found some life 2 weeks ago only to be denied with the market selloff. We were down small so we are closing, no roll and we will revisit her when the market calms down. We lost $104 on the trade. We move on. GLD Naturally, Gold tends to do ok in times of uncertainty so our Gold trade is standing firm. Up around 20% on risk and this is a longer-term play so we are holding. USO Crude has been moving as well. She moved a bit higher after our roll but nothing to warrant any management. Below is the risk graph for the current trade:   We are wanting for crude to sell off to the $56 range then we will probably add some upside protection because come February she tends to be bullish and currently she is not entirely following her seasonal trend. For now, we are holding. LCID Lucid was looking so good but the market dragged her back to around where we got in and put us in a small loss so we closed and will revisit when the market stabilizes. We lost .70 total on the trade so nothing major. We move on. MBT Futures Bitcoin was the monster mover to the downside here. We rolled our previous position to the next expiration like we mentioned we would but obviously the selloff had us on our toes so here’s how it played out. We closed our initial trade as a roll at 43400 netting us $190. But we then went long at 43390 in the MBTG22 contract and we have since exited because of the quick move down at 39618 for a loss of $377. Total cost basis for this trade is -$187. So, we have now moved to the bitcoin ETF ticker symbol BITO and entered the following spread: Buy 1 BITO   1/20/2023    28 call @ 5.61 Sell 1 BITO   9/30/2023    32 call @ 3.51 We’re in at a 2.10 debit and is also the max risk on the trade on a 5 lot so $1050. We are still bullish on crypto and when bitcoin sells off, you take advantage of the price. Here is the risk graph of the trade:   We are looking towards the end of the year here and we are targeting at least a 40% return on risk and we will see where she goes from there. If by some chance she sells off further, we will roll the spread to better strikes. Lean Hogs vs. Live Cattle A lot of you were very interested in the lean hogs live cattle trade we mentioned in last week’s update. So, I wanted to take a moment and explain to you why it’s important to diversify your holdings. If you remember, we went long hogs and short cattle. These are uncorrelated markets. Currently, the hogs contract, /HEM22 is currently trading at 106.50 and the cattle contract, /LEM22 is 135.20. Below was our original play: Long 1 HEM22 futures @101.10 Short 1 LEM22 futures @138.375 We are sitting on about 8 handles of profit currently and for these contracts, they trade at $400 a point so roughly $3200. Now, did we know this would run into gains so quickly? No. No one does nor are we patting ourselves on the back because it could have easily gone the other way. The point here is that when you bring in other economies of scale and expose your account to varying routes of movement, you can reduce your equity volatility. So, this has been able to curb any losses and actually pushed us into gains for the month. Given the market environment, we’ll take it. It is worth noting however, these meat contracts are fairly large and my broker does not have options on them yet. The margin isn’t bad at around 5k for the entire spread but commodities can move very quickly and dwarf the market at times so they are to be respected. We’ll keep you posted on how the trade plays out. We are currently holding. This Week’s Play Microsoft You’ll recall last week update and how we wanted MSFT to be in $280 range before we did anything. Well, she’s at $287 right now and her premiums are plump so we are selling a put here. We are going one standard deviation out to the $245 strike and we were able to bring in 5.20 in credit. Here’s the play: Sell 1 MSFT  3/18/2022   245 calls @ 5.20 We are selling naked here and as we’ve mentioned before, do not be afraid to sell naked. If you cannot sell naked in your account for various reasons, you can buy a OTM put for protection. Right now, you can get the 215 puts for 2.30 and the total credit would be around 2.85 on about $2800 risked. As a note, my broker is requiring the current margin be around the same amount on a naked put sell for almost twice the premium collected. We will close at 50% of max gain and roll if she tests our strike. Trade focused, Benjamin – Market Monster Hunter  Privacy Policy: At Pay Day Stocks, we are strongly committed to protecting your privacy and providing a safe & high-quality online experience for all of our visitors. We understand that you care about how the information you provide to us is used and shared. We have developed a Privacy Policy to inform you of our policies regarding the collection, use, and disclosure of information we receive from users of our website. Pay Day Stocks operates the Website. Our Privacy Policy, along with our Term & Conditions, governs your use of this site. By using [www.paydaystocks.com]( or by accepting the Terms of Use (via opt-in, checkbox, pop-up, or clicking an email link confirming the same), you agree to be bound by our Terms & Conditions and our Privacy Policy. If you have provided personal, billing, or other voluntarily provided information, you may access, review, and make changes to it via instructions found on the Website or by emailing us at ryan@paydaystocks.com. To manage your receipt of marketing and non-transactional communications, you may unsubscribe by clicking the “unsubscribe” link located on the bottom of any marketing email. Emails related to the purchase or delivery of orders are provided automatically – Customers are not able to opt out of transactional emails. We will try to accommodate any requests related to the management of Personal Information in a timely manner. However, it is not always possible to completely remove or modify information in our databases (for example, if we have a legal obligation to keep it for certain timeframes, for example). If you have any questions, simply reply to this email or visit our website to view our official policies. How We Store Your Information: Your information is stored at the list server that delivers the Site content and messaging. Your information can only be accessed by those who help manage those lists in order to deliver e-mail to those who would like to receive the Site material. All of the messaging or emails that are sent to you by the Site include an unsubscribe link in them. You can remove yourself at any time from our mailing list by clicking on the unsubscribe link that can be found in every communication that we send you. Disclaimer: This policy may be changed at any time at our discretion. If we should update this policy, we will post the updates to this page on our Website. If you have any questions or concerns regarding our privacy policy please reply to this email. General: This website (the “Site”) is owned and operated by us. By using the Site, you agree to be bound by these Terms of Service and to use the Site in accordance with these Terms of Service, our Privacy Policy, or our Refund Policy may apply to specific sections of the Site or to products and services available through the Site. Accessing the Site, in any manner, whether automated or otherwise, constitutes use of the Site and your agreement to be bound by these Terms of Service. We reserve the right to change these Terms of Service or to impose new conditions on use of the Site, from time to time, in which case we will post the revised Terms of Service on this website. By continuing to use the Site after we post any such changes, you accept the Terms of Service, as modified. Intellectual Property Rights: Our Limited License to You. This Site and all the materials available on the Site are the property of us and/or our affiliates or licensors, and are protected by copyright, trademark, and other intellectual property laws. The Site is provided solely for your personal noncommercial use. You may not use the Site or the materials available on the Site in a manner that constitutes an infringement of our rights or that has not been authorized by us. More specifically, unless explicitly authorized in these Terms of Service or by the owner of the materials, you may not modify, copy, reproduce, republish, upload, post, transmit, translate, sell, create derivative works, exploit, or distribute in any manner or medium (including by email or other electronic means) any material from the Site. You may, however, from time to time, download and/or print one copy of individual pages of the Site for your personal, non-commercial use, provided that you keep intact all copyright and other proprietary notices. Your License to Us. By posting or submitting any material (including, without limitation, comments, blog entries, Facebook postings, photos and videos) to us via the Site, internet groups, social media venues, or to any of our staff via email, text or otherwise, you are representing: (i) that you are the owner of the material, or are making your posting or submission with the express consent of the owner of the material; and (ii) that you are thirteen years of age or older. In addition, when you submit, email, text or deliver or post any material, you are granting us, and anyone authorized by us, a royalty-free, perpetual, irrevocable, non-exclusive, unrestricted, worldwide license to use, copy, modify, transmit, sell, exploit, create derivative works from, distribute, and/or publicly perform or display such material, in whole or in part, in any manner or medium, now known or hereafter developed, for any purpose. The foregoing grant shall include the right to exploit any proprietary rights in such posting or submission, including, but not limited to, rights under copyright, trademark, service mark or patent laws under any relevant jurisdiction. Also, in connection with the exercise of such rights, you grant us, and anyone authorized by us, the right to identify you as the author of any of your postings or submissions by name, email address or screen name, as we deem appropriate. You acknowledge and agree that any contributions originally created by you for us shall be deemed a “work made for hire” when the work performed is within the scope of the definition of a work made for hire in Section 101 of the United States Copyright Law, as amended. As such, the copyrights in those works shall belong to us from their creation. Thus, we shall be deemed the author and exclusive owner thereof and shall have the right to exploit any or all of the results and proceeds in any and all media, now known or hereafter devised, throughout the universe, in perpetuity, in all languages, as we determine. In the event that any of the results and proceeds of your submissions hereunder are not deemed a “work made for hire” under Section 101 of the Copyright Act, as amended, you hereby, without additional compensation, irrevocably assign, convey and transfer to us all proprietary rights, including without limitation, all copyrights and trademarks throughout the universe, in perpetuity in every medium, whether now known or hereafter devised, to such material and any and all right, title and interest in and to all such proprietary rights in every medium, whether now known or hereafter devised, throughout the universe, in perpetuity. Any posted material which are reproductions of prior works by you shall be co-owned by us. You acknowledge that we have the right but not the obligation to use and display any postings or contributions of any kind and that we may elect to cease the use and display of any such materials (or any portion thereof), at any time for any reason whatsoever. Limitations on Linking and Framing. You may establish a hypertext link to the Site so long as the link does not state or imply any sponsorship of your site by us or by the Site. However, you may not, without our prior written permission, frame or inline link any of the content of the Site, or incorporate into another website or other service any of our material, content or intellectual property. Disclaimers: Throughout the Site, we may provide links and pointers to Internet sites maintained by third parties. Our linking to such third-party sites does not imply an endorsement or sponsorship of such sites, or the information, products or services offered on or through the sites. In addition, neither we nor affiliates operate or control in any respect any information, products or services that third parties may provide on or through the Site or on websites linked to by us on the Site. If applicable, any opinions, advice, statements, services, offers, or other information or content expressed or made available by third parties, including information providers, are those of the respective authors or distributors, and not us. We do not guarantee the accuracy, completeness, or usefulness of any content. Furthermore, we neither endorses nor is responsible for the accuracy and reliability of any opinion, advice, or statement made on any of the Sites by anyone other than an authorized representative while acting in his/her official capacity. THE INFORMATION, PRODUCTS AND SERVICES OFFERED ON OR THROUGH THE SITE AND BY US AND ANY THIRD-PARTY SITES ARE PROVIDED “AS IS” AND WITHOUT WARRANTIES OF ANY KIND EITHER EXPRESS OR IMPLIED. TO THE FULLEST EXTENT PERMISSIBLE PURSUANT TO APPLICABLE LAW, WE DISCLAIM ALL WARRANTIES, EXPRESS OR IMPLIED, INCLUDING, BUT NOT LIMITED TO, IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. WE DO NOT WARRANT THAT THE SITE OR ANY OF ITS FUNCTIONS WILL BE UNINTERRUPTED OR ERROR-FREE, THAT DEFECTS WILL BE CORRECTED, OR THAT ANY PART OF THIS SITE, INCLUDING BULLETIN BOARDS, OR THE SERVERS THAT MAKE IT AVAILABLE, ARE FREE OF VIRUSES OR OTHER HARMFUL COMPONENTS. WE DO NOT WARRANT OR MAKE ANY REPRESENTATIONS REGARDING THE USE OR THE RESULTS OF THE USE OF THE SITE OR MATERIALS ON THIS SITE OR ON THIRD-PARTY SITES IN TERMS OF THEIR CORRECTNESS, ACCURACY, TIMELINESS, RELIABILITY OR OTHERWISE. You agree at all times to defend, indemnify and hold harmless our affiliates, their successors, transferees, assignees and licensees and their respective parent and subsidiary companies, agents, associates, officers, directors, shareholders and employees of each from and against any and all claims, causes of action, damages, liabilities, costs and expenses arising out of or related to your breach of any obligation, warranty, representation or covenant set forth herein. For purposes of full disclosure, we may earn money, such as in the form of commissions, or receive other benefits for recommending, endorsing or linking to a product or service via this site or via an email to our database. We may receive compensation in the event that you click on certain links on this site, and make a purchase after doing so. Online Commerce: Certain sections of the Site may allow you to purchase many different types of products and services online that are provided by third parties. We are not responsible for the quality, accuracy, timeliness, reliability or any other aspect of these products and services. If you make a purchase from a merchant on the Site or on a site linked to by the Site, the information obtained during your visit to that merchant’s online store or site, and the information that you give as part of the transaction, such as your credit card number and contact information, may be collected by both the merchant and us. A merchant may have privacy and data collection practices that are different from ours. We have no responsibility or liability for these independent policies. In addition, when you purchase products or services on or through the Site, you may be subject to additional terms and conditions that specifically apply to your purchase or use of such products or services. For more information regarding a merchant, its online store, its privacy policies, and/or any additional terms and conditions that may apply, visit that merchant’s website and click on its information links or contact the merchant directly. You release us and our affiliates from any damages that you incur, and agree not to assert any claims against us or them, arising from your purchase or use of any products or services made available by third parties through the Site. Your participation, correspondence or business dealings with any third party found on or through our Site, regarding payment and delivery of specific goods and services, and any other terms, conditions, representations or warranties associated with such dealings, are solely between you and such third party. You agree that we shall not be responsible or liable for any loss, damage, or other matters of any sort incurred as the result of such dealings. You agree to be financially responsible for all purchases made by you or someone acting on your behalf through the Site. You agree to use the Site and to purchase services or products through the Site for legitimate, non-commercial purposes only. You also agree not to make any purchases for speculative, false or fraudulent purposes or for the purpose of anticipating demand for a particular product or service. You agree to only purchase goods or services for yourself or for another person for whom you are legally permitted to do so. When making a purchase for a third party that requires you to submit the third party’s personal information to us or a merchant, you represent that you have obtained the express consent of such third party to provide such third party’s personal information. We do not review any of the content or postings on the message boards, chat rooms or other public forums on the Sites. However, you acknowledge and agree that we have the absolute right to monitor the same at our sole discretion. In addition, we reserve the right to alter, edit, refuse to post or remove any postings or content, in whole or in part, for any reason and to disclose such materials and the circumstances surrounding their transmission to any third party in order to satisfy any applicable law, regulation, legal process or governmental request and to protect ourselves, our clients, sponsors, users and visitors. Important Risk Information: Many traders tend to gloss over risk disclaimers, as if they are mere technicalities required in the course of business in this industry. This is a dangerous habit many traders have developed. With all trading strategies, there is "profit potential" and there is "risk potential". All too often, traders interpret "profit potential" as a "promise of profits", while at the same time, if risks are realized, the term "risk potential" is interpreted "I was duped". This is trading. There are risks, and these risks are very real. Risk potential means you could experience losses. Profit potential means you could experience profits. Past performance, whether hypothetical or real, does not diminish the risk potential of any strategy. The problem with simply glossing over risk disclaimers and not taking them seriously is that it causes traders to make decisions they would not otherwise make. Specifically, glossing over a risk disclaimer may lead to deciding to trade a strategy that you would otherwise decide against trading had you taken the risks associated with that strategy seriously. It also causes traders to stop trading strategies long before they should stop trading them because they did not take the risk disclaimer seriously. Understanding risk is more important to the overall success of trading than you might think. In fact, your understanding of risk (or lack of understanding), affects virtually every trading decision you make from markets to trade, account size to start with, beginning trade size, levels at which you increase or decrease your trade size, and of course, how long to stay committed to a strategy. It is to your detriment to ignore this, and any other risk disclaimer associated with trading. Every strategy and trade opportunity associated with PDS Trader carries risk. In all cases, you decide whether the "profit potential" is worth the "risk potential". *Disclaimer – Results may vary from person to person and results are not guaranteed. Sent to: {EMAIL} [Unsubscribe]( Spyrol Group, LLC, PO Box 1510, Clearwater, Florida 33757, United States