Let's make it four posts in a row and call it a week. The big news is USO, now just shy of a ten-bagger. I posted this chart on X today and wanted to share it with subscribers as well: This IS what we do, select high probability trades, quality over quantity. This is been an active week and today a MAGS short sell was triggered, pursuant to last week's Into The Close. It's not too late to Buy the MAGS Aug 21st puts, as it now seems likely that price will fall into the $50's before August monthly expiration. MAGS Daily First trendline broken in gap-down Open today, next trendline break likely one or two days away, then the $50's beckon. MAGS Aug 21st $65P Aggressive traders can buy a lower strike, $63 or $62, but we will officially add the $65P to the Premium Active Options Portfolio.
