CAN’T BELIEVE IT’S BEEN ONE MONTH OF BETA!

Good afternoon RIGD.

Tuesday was an absolutely insane day in the markets and for many RIGD traders who profited handsomely.

We’ll explain this at a third-grade level because frankly that’s all we can understand.

10:00 the July JOLTS report (job openings) drops and it shows only 8.8m versus 9.5m forecast.

It’s a big fk’ing miss… the third biggest miss on record. 

In the last three months we’ve lost 1.5 million job openings, the second highest amount ever recorded. The first being when we shut down the country during the flu and had to wear masks when we entered restaurants but could take them off when we sat down at the table to eat because you need to trust the sciance.

Your human brain sees this and thinks… this is bad. Less jobs means the economy is moving towards a recession. I should sell stocks.

But the market is not human. The market is a lizard.

The lizard sees bad data and thinks forward. Thinking forward means the Federal Reserve is less likely to raise rates again in November.

Here’s an excerpt from Powell’s Jackson Hole speech:

Ahhh the uncertainty about the duration of lags.

A job openings report certainly qualifies as a lagging indicator of economic activity.

Losing 1.5m in job openings in the last three months (the second most on record) certainly says something about economic activity.

The implied probability of another Fed rate hike in November dropped to 50% from 60%.

And stocks and bonds ripped.

It’s crazy how much of an impact these events can have on the market, especially considering the fact they are completely RIGD.

When the new report comes out they quietly “revise” the old numbers.

It’s a lizard eat lizard total pvp world.

Government lizards rig the reports to make the economy look better. Market lizards rig the markets to extract as much money as possible from us.

The moment you stop being human and embrace the lizard side is when you can finally win at this game.

[ images and stats via zerohedge ]

Tuesday for RIGD RULE FOLLOWERS (not great)

If you were locked in you made a lot of money yesterday.

But if you followed the RIGD Rule of 500+ scores only, you missed out on one of the best trading days of the entire year.

We only sent one alert 500+ and the next closest came in at 499.

The 10:14 499 BULL bomb on the QQQ max gained at 423.63% and returned 387.23% if held until the end of the day.

Meanwhile the 792 BEAR was briefly profitable before going -100% at the end of the day.

Let’s look at it a little closer.

The bomb fires at 10:38, the major red candle after the initial move up after the JOLTS report.

Underneath it was a huge trade of put options bought at the ask.

But this is where the community is at least somewhat valuable because you can get low IQ opinions from other degens interested in the same outcome as you (getting rich).

Simply put, when the market is going hulk mode straight up… it’s not worth the risk trying to get in the way.

You can’t beat the lizards.

If the lizards are slamming calls… join the action!

Wednesday… a 200%+ Trade for RIGD RULE

We fire the first 500+ score bomb at 10:15 am and it’s an absolute banger.

Trades do not get better than this!

Just look at the positioning… absolutely incredible.

It’s an epic trade to take and you max gained at 203.77% in just 13 minutes. Even if you entered late and exited early, you still returned over 100% in less time than it takes to fill up the tank and grab a redbull at the 711.

This trade worked perfect for two reasons:

RIGD RULE 1 - 500+ scores are best (stronger signal)

RIGD RULE 2 - Bulls at bottoms and Bears at tops

You get a 500+ score when SPY is at the high of the day. You take the damn trade. You are a god. Tell your boss the lunch meeting is cancelled and you’re skipping out for maithai time.

First you have to ask yourself, you just made 100% - 200% on a trade in under 13 minutes.

Do you really need to put another trade on today?

The next 500+ bear bomb fires at 10:35 on the $QQQ.

It’s the first blue square.

Price has moved up… but you just caught a 200% trade to the downside.

Markets are strange and after watching this thing day in and day out, we’re calling it now before any of the academic PhDs write a paper on it… 0DTE options have limited the downside in markets.

Why?

Because the natural direction for markets is up and when lower strike prices are hit the degens and lizards buy calls and force this thing higher. We see it day in and day out.

Upside moves continue (like Tuesday).

Downside moves get stomped (like every other day).

The second 500+ bear bomb fires at 11:03 and is highlighted in the blue. You’ll notice that the price hasn’t changed much in the last 30 minutes. The bomb fires as the QQQ has already moved down. It’s not a bear at the top… it’s a bear at the bottom. It’s a trade to SKIP!

How can you tell a top from the bottom or a bottom from the top?

We’re working on a way to include this based on a number of factors like; % change from open, % change from time-weighted-average price and % change from last 5m.

But really it’s a gut feeling.

Your gut is going to say this thing is going higher before it goes lower.

Your gut is going to say this thing is going to nuke before it rips up.

You need to fade your gut and think like a lizard.

CAN’T BELIEVE IT’S BEEN ONE MONTH OF BETA

Some thoughts on the first month on the RIGD AI beta that we shared with our esteemed beloved deep pocketed investors who don’t mind using funds for RIGD branded butt plugs.

Biggest surprise:

We’ve spent most of the month in the trenches with you guys and have been absolutely shocked at the number of signups and overall interest from people who have no options trading experience. You guys are jumping into 0DTE without even trading an option before… it’s absolutely wild. Creating basic educational content is a priority to help you guys succeed.

September priorities:

We know the alerts work (have made $$$ trading them), but for those less advanced or totally new to options trading it can be difficult to determine what's worth taking and what's not.

Ultimately we want anyone to be able to use RIGD AI without having to stare at the chart or the screen.

Better alerts - we'll start "super alerts" that identify higher probability trades using score, session, % change from the open, and % change from TWAP. The golden rule is bulls at bottoms and bears at tops. The alert should let them know where the bomb is positioned.

System selling - entering the trade is easy, when to sell is difficult. We'll use our data to give users targets based on their SL / TP, backtested strategies (sell at the next opposite alert), and based on average hold time.

Arm users with data - we haven't done anything yet with our stats. When a user sees an alert, I want them to see historically how they've performed so they can feel more confident to enter the trade or maybe they stay out of it. This is no different than what sports betting analytics companies do. If it makes you feel better and you win you feel smart.

Personalized experience - after taking a bomb, we want to show the users everything that happens in the market after that moment. The app will calculate FR, FS, florbs and bombs, which can help users determine whether to stay in, add to the position or exit.

You know we said this isn’t a priority and it’s not and we also said you could kick us in the stones if we expanded product scope beyond 0DTE but we did so we’re going to continue to hide… but we’ve shipped the “alpha” version of TESLA and APPLE option flow. We’ll add NVIDIA next. Because these are weekly expiry, we’ll need to adjust the algo for dynamic scoring and it will take some time to tweak.

Yesterday we tagged Apple perfectly… it actually came in a full minute before the SPY bear bomb.

The Apple bomb was 592! Huge size!

It’s been a month it feels like a year, we got a ton done but we’re nowhere near complete.

Thank you for being a part of this journey whether you’re a lonely reader or degen enjoyer.

We love you all.

Have a great day and remember to always…

STAY FROSTY!

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