RIGD Lottos, Pinning QQQ Bottoms and New Stuff!

Good afternoon RIGD readers.

Did you miss us?

We can’t say the same, but we are back to talk about some new features in the PCBB (private closed based beta).

But first a story in market riggery.

The Tuesday Meltup.

$SPY had a crazy day Tuesday opening at 432.35 eventually hitting an intraday high of 436.81.

When implied volatility is low and you get a move like that… there’s money to be made.

And like always… someone out there knows something the rest of us plebeians are not aware of.

Notably we caught this on our options scanner:

9:35 sweep 436 call at the ask (bullish) for 25,369 contracts for $203,000 in premium

The price of SPY at the time was 432.88.

Of course the move happened and this trader with their market crystal ball made well over a million dollars on the move. Bravo!

We’re not upset the market is RIGD because duh it is, but we are a bit cranky we didn’t fire a sizeable bull bomb until 9:55.

This one “only” returned 200% if held until the end of the day.

So the new alert(s) coming to the live feed will be called LOTTOS.

Lottos will focus on a few things:

• large option sweeps (thousands of contracts)

• deep out of the money (a few dollars away from price)

• aggressively bought or sold (aka above ask or below ask)

They’ll be cheap to buy (0.20 or below) and extremely low EV (count it as a loss) but if the market moves in your direction you’ll be tasting sweet gains for days.

We’ll layer this in on the charts with our standard bull and bear alerts, albeit with one minor change.

Here’s a chart of the QQQ from today!

When lottos go live, the bull and bear (on the chart not the feed) will be replaced by a green and red circle.

We’re a bit nerdy over here so for now we’re calling them ORBS.

The great thing about orbs is they can scale according to the score and will be easier to frame for your trading decisions.

If a lotto event (large out of the money option sweep) occurs the same time as a bull or bear alert, the orb will add another colored ring.

You will be able to hover over top and see both events at once.

Use case: If both events match (bull bomb + bull lotto), it’s a strong signal that money is flowing to the upside. Here is where you strap your nuts on, pray to whatever God favors you that day and take a larger position than normal.

We’re still working through A LOT of stuff, but we’ll also debut the lotto feature with tweaked parameters for the end of the day ramp.

New Stuff Coming: Papertrade + Comments

The first version of papertrade will launch next week. Initially we’ll assume you take every trade set to your score level.

We suggest only taking trades with 500+ scores but this is America and you are free to be as degenerate as you wish!

Then papertrade will automate your trading by selling the option based on your stop loss and take profit percentages.

You’ll get an end of day report on how you did and it will be the best way to learn how to use the platform.

The second part here is the comment section we’re adding to each alert.

It’s a cleaner way for the community discuss directly on what they took, why it worked, what didn’t and also flex some gains!

Finally we’ll be adding the top and the worst trades to the dashboard, so we can all talk and learn from each other on why they worked or why they didn’t.

Thank you all for your support and patience as we continue to build through the PCCB.

The beta is CLOSED but if you’re interested in joining the next round, please reply to this email with “WAITLIST”.

Spicy memes also accepted and may result in early entrance.

Stay frosty!

thanks for reading THE REPORT by RIGD AI

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