I hate Moderna (MRNA)

I wanted to start your year off right with a trade idea I just shared with my Bullseye Unlimited members this morning (I always share my top 3 ideas with them every day!)

But before I do that, let's take a look at a few trades from the last week or so.

Yesterday, I alerted Moderna (MRNA) as a great short idea (that means I am betting it will fall).

I sent everyone a complete game plan of how I wanted to trade it, and here was the contract I alerted:

My Trade Details:

• MRNA Feb 17 2023 180 Put near $5

• Stop: Close above $197

• Target 1: $177

• Target 2: $165

Then, I bought the $180 puts for $5, just like I told everyone before the market even opened.

Here’s what happened:

The options were up over 100% – overnight!

I got out right on the open and alerted my members as I do before and after every Bullseye trade I make (make sure you get those app alerts setup!):

Here was the result:

I took a $5000 investment and turned it into $7800 overnight all by sticking to my game plan, having patience and high conviction in my trading strategy.

I didn’t even trade this perfectly at all, I am actually a big chicken!

I was happy with the quick 57% move, I don’t always need to hold out for 100%+ moves.

What I am trying to teach week after week is my reasoning for my trade, and it was on point once again!

Here was the professional thought process described to thousands and thousands of members Monday morning BEFORE market open:

A lot of work goes into every single trade idea!

Even though I am out of MRNA now, I still think it goes lower. I will update you on future trades as I make them.

Here’s another one from last week:

My Trade Details:

• SPLK Feb 17 2023 95 Call near $3

• Stop: Close below $85

• Target 1: $95

• Target 2: $100

The stock moved up a few bucks, which is a darned good trade by itself.

But, I am an “options man”. I like to add a little leverage to my trades when I have conviction. And, when it comes to “Bullseye Trades” – I always have conviction in them!

So, check out what happened to those options I alerted:

And that’s how I traded it (all from my iPhone at the airport):

I took a $3800 investment and turned it into $7800 just a couple of days.

Now not all my trades work this well, (check out these trades from the last few months here, I’m proud of them!) but I can help you think like a pro and help you develop your own trading plans and playbook.

Okay, the stock went up around 6%, and that's great… but why did I like the stock so much? Because it was an earnings winner! Here was my reasoning and a snippet of what I wrote to Bullseye members before the market opened last week: 

Now, following is a stock that I notified my subscribers to Bullseye Unlimited this morning, so I want to make sure it is on your radar as well.

FOUR -- Shift4 Payments (FOUR) provides payment processing technology in the U.S. The stock is forming a nice flagpole pattern and continues to make higher highs and higher lows. It’s up over 100% since June and if it can break out outside of this consolidation I think it can continue higher.

Here is a snapshot of how I want to trade FOUR, directly from the email I sent to members today:

My Trade Details:

• FOUR Feb 17 2023 $65 Calls near $2.80

• Stop: Close below $58

• Target 1: $68

• Target 2: $72

I just entered a trade to buy these options. I hope I get filled near my ideal entry price.

I hope these ideas help you in your trading and I hope we can pile up a lot of winners this month.

Have a great day, I will follow up with more trading ideas and strategies soon!

P.S. If you have any questions about Bullseye call Jeff Brown @ 800-585-4488 or ([email protected]) and he would be happy to talk about any special offers, payment plans, and help you in any way possible.

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