Two of the trades we look at so far this week are shaping up nicely. We spotted them both on Monday and updated as they confirmed. One is up already and set to pop more today. The other pick has jumped 30% since we followed up on it yesterday. The META and GDX trades are a reminder to keep your eye out for these Inside Trading alerts.

Take a look at the charts and we will talk through what to watch to lock in the income from these traders.

META confirmed that bottom and moved up as we expected. The Sept 4 570 calls jumped from about $10 to $13.50 in just a day. This looks like a move that could continue. When big name tickers get pushed out of their comfort zone in of price, the have a high tendency to snap back to correct.

GDX was the other ticker we looked at on Monday and it is continuing it’s extremely strong momentum upward. We looked at the Sept 18 105 calls that were just under $5. They moved up to $5.70 at yesterday’s close and could move higher into the Jackson Hole meeting on Friday. This is one to lock in a profit as soon as you see it.

We will keep updating you. We are also watching the PLTR set up we mentioned yesterday.

Keep learning and trade wisely,

John Boyer

Editor

Market Wealth Daily

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