We Keep Crushing the QQQ (7/17 results!)

Good morning RIGD.

This morning we were chatting with the development team and missed the SPY bomb at 9:39.

Three green florbs before and boom that’s a 63.46% return in 9 minutes, go touch grass the rest of the day.

But like we said, we missed it and are stuck here with you and finishing up the newsletter.

Oh well… could be worse.

The good news is our lotto feature is nearing completion and should be launched later this week in addition to FLORB updates which will provide better insight into overall market flow.

Even Dr. Carlos agrees.

Anyway let’s jump into the newsletter.

The House of Mouse Collapse

Bringing back Bob Iger can’t save the House of Mouse with $DIS closing at its lowest level this year while the rest of stocks keep stocking going up and to the right.

It’s hard to find a compelling reason to like the business right now.

You have the super woke box office bombs like The Little Mermaid and Elemental and then for some reason they thought another Indian Jones movie would bring people out to the theatre. Honestly they haven’t been the same since they ripped the heart out of that dude’s chest and fed it to the little Asian boy named Short Round. Good times.

Parks are faring about the same. Americans aren’t visiting the sweaty mosquito filled butthole of America known as Flo-rida during Fourth of July weekend with the WSJ saying the park hasn’t felt this empty in years.

And of course the option traders are feasting!

Let’s look at this whale trade from yesterday.

10:54 AM - 5,033 $DIS 84p 7/21 expiry at the ask (bearish) for $151,000

We’re going to keep beating this horse (because it’s the entire premise of this app) that the stock market is RIGD against retail traders because without access to option flow you are basically the Taliban shooting soviet AKs in the sky at Reaper Drones. Joe Biden knew they were so outmatched he decided to leave them all of that equipment in Afghanistan. That’s also why we created RIGD… so you can have a fighting chance.

The trader acquired these for 0.30 at 10:54.

At 11:25 they traded for 0.51, so a 70% gain in 31 minutes if you saw the sweep and put on the trade. That’s tasty.

These traded up to 0.61 (100% gain) and closed at 0.50 yesterday.

There are a two factors we like about this kind of moonshot whaletrade.

1.) Size & Volume > Open Interest

The open interest (contracts outstanding) was 2189 prior to this trade. Taking a large bearish position is a signal to the robots and lizard people that shit is going down and everyone has to adjust to the new reality that Disney is going to zero.

2.) Short Expiry

It’s a large position to take without a lot of time given the Friday expiry. Disney doesn’t report earnings until August 9, but maybe the trader knows something about Netflix reporting on Wednesday or maybe they’re feeding pizza to the people on the picket lines and picked up a tip or two. Funny because after Disney’s recent movie bomb disaster it would be quite bullish if they just stopped making them.

Overall we’ve found through experience that the biggest hurdle to transform shit trading into profitable trading is to stop thinking about the news or listening to macro doomer podcasts or following furus on the bird app.

Who cares.

Get in and make your money and get out!

Eventually RIGD will add a whale tracker feature that highlights these unusual option sweeps because we’re also very interested in making 70% returns in 31 minutes.

We Keep Crushing the QQQ (7/17 results)!

RIGD alerted four separate bull bombs yesterday each profitable if you did nothing except purchase them and sell them in the last ten minutes of trading, something Robinhood will automatically do for you.

Two in the open, one in the middle and another at the close.

Here’s what it looks like on the chart.

As you can see there’s a ton of activity in the open as traders take positions for the day and it starts to fade off during the lunch when everyone’s doing their best wolf of wall street thing.

But let’s take a look at the close session.

14:22 there’s a green florb (bullish) with 143 score.

14:23 the bull bomb triggers with 255 score.

This is a no hands on the steering while drive with your legs drop everything high probability of success type of trade to take.

Combined it’s 498 with only an hour and a half left in the session. High score + no time = extremely bullish.

These returned 130.16% in one hour.

Note: we’ve sent one alert today when we started writing this it was 63.46% and now it’s 173.08%.

Now it’s time to dump some milk on your head and stare at yourself in the mirror asking, “Why haven’t I signed up for RIGD!?!?!”

Stay frosty!

thanks for reading THE REPORT by RIGD AI

First time reader?

Check out what is RIGD AI

we’re building tools for the modern degen investor

follow us on twitter @rigd_ai 7-1