This is a summary of the of the five trades taken to date in 2024, without regard to the 50% trailing stop: With two weeks left to Feb 16th expiration, there isn't much hope for QQQ Feb puts, but the four other positions have huge potential. New money should added to the three March 15th puts and/or whatever trades may be coming next week. Needless to say, it has not been a stellar month for our trade recommendations. Historically, s--t happens, but just as historically bad months are typically followed by polar opposite good months. Successful option traders have short memories. A blockbuster trade is out there, pull the trigger when the time comes, regardless of the past. TLT - 180 Minute Trend Model - New leg down beginning? This is shorter-term chart that if correct will get into a new trend a day or two earlier, thus locking in better entries. March 15th Expiration Forty-two days (from Friday Feb 2nd) provides plenty of time for quick 2X or 3X in just out-of-the-money puts. A pop in rates next week should do it, but its still a roll of the dice. "Trade Optional."
