A Thanksgiving Rally Hangover

December 4, 2020

Coming off the holiday, stocks had a turkey hangover. 

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. 

There's still plenty of opportunities out there — we’ll continue to be nimble and lock in big, fast gains as we did with VALE. 

Portfolio Update

On Monday:

Buy-To-Open the Vale S.A. ADR (NYSE: VALE) Dec. 24, 2020, $16 call (VALE201224C00016000) up to $0.22 per contract or better, for the day.

On Tuesday:

Sell-To-Close the Vale S.A. ADR (NYSE: VALE) Dec. 24, 2020, $16 call (VALE201224C00016000) at the market.

Right now, we’re holding:

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

Let’s keep focused and let the market come to us.

And I’ll be keeping you updated every step of the way.

After-Action Report 

Vale S.A. ADR (NYSE: VALE) Dec. 24, 2020, $16 call (VALE201224C00016000)

Date: Dec. 01, 2020 

Reason: Our system triggered a bullish signal after a $5.5 million New Money bet. This activity was a 1600% surge in calls purchased and only profit is shares go 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 onto 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 taking action.

We’re a group of outsiders who need to stick together to beat Wall Street.

Have a great weekend, and I’ll have a new trade for you on Monday.

To your wealth, freedom, and options!

Joshua M. Belanger

Joshua M. Belanger
Joshua Belanger is founder of CounterVest and the editor of Hot Money Trader. He has been providing ordinary investors blockbuster returns since 2008. In 2018, the average return of Hot Money Trader beat the markets by over 15%