🤷‍♂️ Conviction Concerns: How to Stop Guessing (and Start Winning) in the Options Market 📈

[Image] Are You Missing Out On Winning Setups?! Here’s what’s going on in the world of smart money today! In today’s Dark Money Trades rundown: - 🛑 How to potentially STOP missing five-star plays by using the ‘smart money’ - 💰 2 interesting smart money bets from this morning - 🔫 Ben’s Bullets – 3 big ideas for the market this week 🤓 Dark Money Lesson: How ‘Smart Money’ Trading Can Help You Pull the Trigger 🔫 Tell me if this has ever happened to you: You find a trade setup that checks all of your boxes… The chart looks primed to make a big move, the options volume is high, and a major catalyst surrounds the name. But when it comes time to pull the trigger and enter the position, you can’t do it. What’s the reason for your waning confidence? It comes down to two of the most important aspects of trading—conviction and conviction. Here’s the brutal truth… If you can’t find the mental strength to bite the bullet and buy your contracts when every possible signal tells you to do so, you’ll never win in the stock market. Use the ‘Smart Money’ to Remove the Guessing Games I’ve built my entire trading strategy around the idea of conviction. I want an unfair advantage going into my trades, one that gives me the confidence to get in and out of positions whenever necessary. And that’s exactly why I built my Spyder Scanner… By following the ‘smart money’, I remove all the guessing games from my trading. Let me give you an example… If my scanner shows millions of dollars being traded on a single contract, you can be sure that it’s not your neighbor gambling his holiday bonus—it’s the ‘smart money’ knowing something you don’t. This is like if you were in an elevator on Wall Street and overheard two traders talking about their next big move. It’s priceless. But if you doubt the power of ‘smart money’ trading, let me show you an example that might change your mind… How You Could’ve Made 54% in 6 Days Last week, I talked about a sweep I was watching on Uber Technologies Inc. (NYSE: UBER) 11/19/2024 $62.50 calls at $1.72. Here are three reasons why this sweep caught my attention: - The stock had just been added to the S&P 500 - The chart was up 23% in a month - The call options volume was exploding Plus, I had recently completed a killer swing trade where I held UBER 12/8/2023 $51 calls from $1.60 all the way to $9.00 for a profit of 462%! Not too shabby, right? Okay, let’s see what would’ve happened had you bought the $62.50s I mentioned… At the time I wrote about that sweep on December 5, the stock was trading around $58. Yesterday, just six days later, UBER stock traded for a high of $62.99—with the $62.50 calls going as high as $3.00. That means you could’ve bagged a 54% win in six days by simply listening to my advice and following the smart money. Bottom Line: Stop playing guessing games and start using my Spyder Scanner to bolster your trading conviction! With that in mind, it’s time to get to… 💰The Biggest Smart-Money Bets of the Week💰 $889,000 bullish bet on GOOGL DEC 15 $134 calls @ $1.05 (seen on 12/11) Alphabet Inc Class A (NASDAQ: GOOGL) shares took a small hit yesterday following criticism of its recent ‘Gemini’ AI demo video, which [some pundits said included misleading information](. But it looks like the ‘smart money’ is viewing this minor dip as a buying opportunity. Someone is betting nearly $900,000 that GOOGL will trade above $134 by this Friday, December 15. $609,570 bearish bet on KSS JAN 19 $25 puts @ $1.33 (seen on 12/11) Retailer Kohl’s Corp. (NYSE: KSS) has been surging recently—the stock is up 27% in the last month and more than 7% in the past five days alone. But don’t get ahead of yourself chasing this upside. The ‘smart money’ is betting on KSS reaching a near-term top in the next few weeks. A mystery trader is betting more than $600,000 that KSS will trade below $25 by mid-January (the stock is at $26.53 at the time of writing). 🔫 Ben’s Bullets for the Week 3 interesting ideas I’m keeping an eye on in the market this week: - AMZN DEC 15 $140 puts - BA DEC 15 $250 calls - ZUMZ DEC 15 $20 calls Happy trading, Ben Sturgill P.S. Airing LIVE on Wednesday, December 13th at 12:45 pm EST… Year-End Stock Market Event - caused by one obscure tax document - will spark a flurry of explosive overnight stock moves to close out Hedge fund legend - Jeff Zananiri, famous for turning $5.1 Million into $700 Million, is joining Tim Bohen for a LIVE briefing to reveal the details behind what he calls The Final Countdown. A year-end catalyst that dates all the way back to 1925 that has historically caused huge price moves… over and over again. During the LIVE broadcast, Jeff has agreed to reveal how anyone can use a specific “3 pm countdown window” behind the scenes of the stock market… to target repeatable 15-20% overnight gains to close out 2023… [Click here to RSVP to the real-live briefing on Wednesday](   66 West Flagler Street STE 900 Miami, Florida 33130 United States [Click Here to Unsubscribe]( **Our gurus teach skills others have used to make money. Any results displayed are extraordinary and are not typical and will vary from person to person. For more info read our [Earning Claims Disclosure]( About: Making money trading stocks takes time, dedication, and hard work. My goal is to teach you how I have succeeded in the market, but you may not achieve my results. Remember, there are risks involved with investing, including the potential loss of money. We are strongly committed to protecting your privacy and providing a safe & high-quality online experience for all of our visitors. 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