300% Max Gains in 1 Hour? Thanks $QQQ

Good morning RIGD.

Monday and Tuesday we gave you 100%+ rippers for a total 72.27% return in two days from just buying and selling at the end of the day (real degen low IQ behavior)

Wednesday wasn’t good, but that doesn’t mean it was bad.

With 0dte options you need volatility aka number go up or number go down to make money.

$SPY +0.22%
$QQQ -0.02%

No volatility means no gains and the only ones making money are option sellers or those utilizing advanced strategies like Butterflys or Condors which you can read more about here.

Will RIGD support those in the future?

Probably not because we are very low IQ.

Even on low vol days, there’s money to be made as you can see with the bull bomb #47433 triggered here on $SPY at 10:56 am

This was a 1411 score (extremely high) and returned a max of 43.81% in one hour with no drawdown.

But because SPY only closed up 0.22% the end of day return was -60.00%.

Not every day can be like Monday, Tuesday or Thursday which was another one for the record books.

Thursday = Slay Slay All Day

The $QQQ dropped -2.33% yesterday, the biggest one day drop this year. We said on Twitter that if it did’t move down after the horrible earnings and guidance from $NFLX and $TSLA that this market is more detached from reality than Hunter Biden and his stripper baby momma and we were right finally right about something.

The good thing about RIGD and why we built this beautiful thing is you don’t have to have an opinion on where the market is going. You don’t have to listen to macro podcasts, you don’t have to draw astrological lines on charts or look at P/E ratios or stare at the bloated face lizard people on CNBC.

If the market is going up, we follow the flow. If the market is going down, we follow the flow.

As we’ve shown again and again - option flow is what moves markets.

Look no further than this PERFECT ALERT on $QQQ right before the end of day drop.

14:02 we fire a 259 score bear bomb for the 379 put.

14:06 we fire a 507 score bear bomb for the 379 put.

Here’s why we love this trade…

End of session: These alerts fired because of the hulk mode upgrade which changed the way our algorithm weights option flow at the end of the session. Bombs in the last two hours have no theta left, so small move in your direction even 0.10% can be 50%+ gains or more. If big money is moving with two hours left, something is coming.

Looks like a bounce: If you were just staring at the chart (and not using RIGD like a real r-tard), it looks like the QQQ is going to do the usual end of the day rip to the upside as it has almost every other day this year. You think here we go again and buy some 0dte calls.

Timing: You have two bear bombs within four minutes of each other. The second bear bomb 507 score fires in the middle of a big green candle as QQQ is moving up. It’s funny how RIGD the stock market is because while it looks one way, obviously something entirely different is coming.

Next comes the drop… from 14:09 to 14:28 you get a 0-45% move for -1.72 and the put options go deep into the money.

The 379 put goes from 0.70 to 1.85 for a 164.29% return in 19 minutes.

Do you keep holding? Or sell and take wifey to the Red Lobster for cheddar biskies?

You could tell the move wasn’t finished by the bear bombs that continued to fire off after 14:06.

Here’s where they appear on the chart (still using trading view for examples until we can fix ours).

This is an education in 0dte 101.

Traders position for big move (bear bombs at 14:02 and 14:06) before the move happens.

They get the move. Take profits and now comes the reposition aka reset which in many cases means the reversal bounce back to the upside.

However yesterday you can see that the bears with 1537 combined score, totally outnumbered the poor bull at 14:21 with 280 score.

At 14:24 the QQQ took another leg down eventually dropping -0.61% over the next hour and three minutes to its low of the day.

For the intelligent respectable degenerate only interested in trading 500+ bombs you got the 378p for 0.66 at 14:21 and seven minutes later they were 1.05 for a return of 59.09%.

Sure beats working for a living…

Respectable Degenerate One Day Returns of 99.10%

You can do whatever you want (someone in our discord was talking about using our alerts to buy options on the levered ETFs which is worse than quadruple zero roulette on quaaludes)… but the best strategy we’ve found so far is following scores of 500+.

Here’s how they breakdown from yesterday

Remember these numbers are assuming you set zero stop-loss and did not sell until the last minute of the day.

Following this strategy you would have invested $460 and returned $420 (no fees for robinhood woo) for a one day return of 99.10%.

If you are a genius god savant who only buys bottoms and sells tops, then that max return bumps up to 197.53%. Obviously this is not you or anyone else reading this newsletter but like looking at the Powerball (fk that guy from California btw), a guy can dream.

Papertrade has moved towards the bottom of our Trello board in favor of numerous upgrades to our data feed, dashboard and flow page updates (we need better charts)… but eventually you’ll be able to simulate and backtest your own performance using RIGD AI.

This functionality is planned in the near future which means not any time soon but a lot sooner than your Cybertruck that was promised when Bud Light was just a trash beer and not a gay trash beer.

Quick thoughts on MF-Friday (max fuckery)

Today is the largest July options-expiration ever, driven by index and ETF volumes.

(nice to be building a company in the space)

$2.3 trillion with a t of notional options expire including $500 billion of single stock options.

It’s skewed towards calls and right now it looks like the market is opening significantly higher further killing traders who missed the move and try to chase it the next day.

After 100% rippers Monday, 100%+ rippers Tuesday, giving a bit back Wednesday and absolutely annihilating it yesterday… is it really worth giving it another go today when MF is on the menu?

Probably not but god dammit we’re going to do it anyway.

Quick note on the beta:

Firstly… We do not recommend this product to anyone.

Why?

RIGD AI contains option alerts. Options are extremely volatile, high risk financial derivatives. Trading options will likely lead to a complete 100% loss of capital. You assume full responsibility for any actions taken when using RIGD AI and acknowledge you will lose all of your money.

Okay… the beta is closed and will re-open early next month.

We’ve been heads down building RIGD and don’t have any of the normal app functionality yet. Option alerts are priority numero uno.

Again we do not recommend it. Options trading (especially 0dte) will likely lead to a complete 100% loss of capital meaning no money and no b-tches.

Then again if you already have none of one… how much worse can it possibly get?

Stay frosty!

thanks for reading THE REPORT by RIGD AI

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