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- We tag the bottom of QQQ at 13:15 with a 226 BULL 💣 going 181.72%
We tag the bottom of QQQ at 13:15 with a 226 BULL 💣 going 181.72%
No drawdown a straight up rippy, the perfect trade if you took it oh god please give us one tomorrow PLEASE
Hello frosty friends,
It’s your favourite degen 0dte trading system back with another update.
But first we must be clear if we haven’t been clear enough already…
0DTE IS EXTREMELY DANGEROUS
WE DO NOT RECOMMEND TRADING 0DTE OPTIONS TO ANYONE
WE ARE ANTI-QUALIFIED TO GIVE FINANCIAL ADVICE
DO NOT THINK YOU CAN COME IN HERE LIKE IT’S SOME INFINITE MONEY GLITCH AND START RIPPIN’ BULLS AND BEARS STRAIGHT TO AN EARLY RETIREMENT
We built the system. The system works if you take the time to learn it.
There’s no furu here saying take this or take while taking your money and they dump the options into your liquidity.
That ain’t us.
We trade the same signals every session win or lose with you in the discord community.
We are degens in the arena.
We follow Wallstreet and win when they win.
Man we get exciting just typing that our hearts started beating sooo fast like the one time Emma Watson sneezed into our face while we were valeting cars outside the Malibu Nobu before we got fired for joy riding a G-Wagon to pick up a tinder date.
With that out of the way let’s get into the recap.
A TERRIBLE TRADING MORNING AS EXPECTED
Again for what seems like the millionth day in a row we open a strike or two higher on SPY and QQQ.
The morning was tough and we managed to sneak a small gain in on some SPY calls.
We open up, head higher and then start nuking down.
We always think… are we buying someone else’s pain before entering a trade.
If you are not buying pain, then you will most likely be experiencing pain very soon. That’s just how markets work.
We took the alert even though PS was +9.51.
It’s not a preferred score so we got out of the trade for a 12%ish gain when the option goes to 70% in the next hour.
Green is green but we should seriously work on improving the trade skills.
We’ve mostly sworn off trading between 1100 - 1300 because lately the only thing we see is back and fourth ping-pong-bing-bong.
Today was no different with SPY returning to the open price.
The lizards love to lull everyone to sleep before making their next move.
Truly we thought the algo was broken because the volume on QQQ until that time was high above 90% but we didn’t trigger any alerts.
It did fire four with three being perfect trades (profitable no drawdown) and the third was one you totally should have skipped if you followed the SYSTEM!
Let’s run through them in order.
11:36 - 226 BEAR BOMB
This BEAR BOMB comes in with PS -0.53.
PS tells us that this has gone nowhere, we’re basically flat at the open price.
It’s a ripper of a trade and you catch the majority of the move down returning +191.27% max gain in two hours. It never goes negative.
THE BAD ALERT THAT YOU SHOULD NOT TRADE
We just went from PS -0.53 to -5.64. That’s a big move down.
A big move down = call buyers experienced a lot of pain.
Taking a -5.64 BEAR BOMB when the market has been going straight up this entire month is a suboptimal decision.
Why?
Just think logically for a second with us.
We just moved down a lot. Taking this alert means we will continue to sell off.
Does this happen? And sometimes you’ll get a 100% return? Absolutely yes.
Is it high probability? No.
Is it extra risky? Yes.
We skip it.
THIS PART HURTS DEEP IN THE COREEEEE OF OUR LITTLE BABY BONES!!!
We had to step away from the desk and due to blowing up a Robinhood account winging it on 0DTE trades, our wife’s boyfriend say we’re no longer allowed to trade on a mobile device.
Normally that stops us from making low-iq degenerate decisions but today it prevented us from missing A PERFECT ALERT.
13:15 again actually like 20 seconds after the BEAR BOMB comes this beautiful 226 score bull.
PS is -5.82 we are down from the open and the high of the day. The market has been rippin’ up all month. We take this trade 100/100 times under these conditions.
Of course the one we miss is a perfect trade. No drawdown straight up, you got 181.72% at the peak but even if you bought it and did absolutely nothing you got +84.09%.
It hurts writing and reading this.
Remember what we said earlier about buying someone else’s pain?
This is that kind of trade.
We just nuked, retail got absolutely crushed by Wall Street and there’s nothing more that they would like to do than rip this thing up again.
Max pain is the name of the game and RIGD gave you the chance to buy it and profit handsomely.
HOWEVER WALL STREET WAS NOT DONE YET
What we tell our members (whether they listen or not totally up to them) is that it’s best to trade alerts and avoid trading 0DTE by how it looks.
After the move up from the bottom this was the price action.
It’s like one of those places they raise the chickens McDonald’s uses in the nuggets.
It may look nice but really it’s a terrible painful death.
It was both ways back and fourth.
We were chatting on discord saying how good it looked and the monkey brain in us said buy calls buy calls.
Luckily we have mostly killed that side of us while also restricting access to things like mobile 0dte trading.
Get alert that matches system trade alert.
No alert no trade.
Always lose small, sometimes win big.
The big (percentage wise) win came at 15:27 just 33 minutes before the close of the session.
We don’t recommend trading during this time because a 5 cent move can mean the difference between life and death, but as professional degenerates and system creators we feel obligated to follow it.
15:27 - 248 BULL SWING on the QQQ and we took it for a ride.
We got into this trade a minute or two late and bought at the market so our cost was 0.16 per contract versus the 0.12 quoted.
Using PROFITS FROM EARLIER (important) put in a $500 trade with ~ $200 stop loss on 30 of the 386c.
Get 386 make money. No get 386 lose a little.
System followers were rewarded with tasty gains once again.
We market dumped 25 here and left 5 on jussssssst in case it went 5x.
Of course it didn’t happen and it never happens when we leave some on only when we take it off.
Winning is winning though and that’s what we’re about.
CLOSING THOUGHTS
What’s currently working:
Hit it and quit it in the morning
Avoid the ping-pong-bing-bong
Trade PS -1 to 1
Trade BULLS PS -4 - 2
Tomorrow (Thursday) is a new day and who knows what it will bring.
FRIDAY is what we like to call around these parts as MAX FUCKERY FRIDAY (MFF).
MFF is the third friday every month when every option in the entire stonk market is 0DTE.
We’ll be debuting FRIDAY FLOW for $TSLA, $NVDA, $AAPL, $AMZN and a few more. More details will drop in tomorrow’s report.
And finally we’ll end with an ode to one of our favourite permabear always angry furus who’s mother definitely fed him non-organic seed oil formula as a baby.
Like you can try and watch all of the flows and decipher what they mean…
Or you could just sign-up for RIGD.
Which alerted you at 1:15pm that the 0DTE call trader was here and ready to rip the markets.
Why try and do it yourself?
When you can have AI orderflow alerts when it’s happening?
Why not try and profit of it instead of being an angry furu on twitter yelling at the clouds?
big s/o to the salty ole powerofgg who took the trade above and posted it in our #flex channel
congrats on join the baby hand terrible trader club (member #2) where the only requirement is selling too early.
moneys money tho baby and if you don’t blow up there will always be tomorrow!
(don’t blow up!)
PS we are sorry to the people who got billed twice. you should be refunded but if you’re not just reply here. tbh we haven’t really been thinking about signups since we launched because we’ve been working on the algo which is like 10x more important. anyway the dev team we hired for 3$ per hour did a great job on fixing the flow and also making the website lots faster.
Disclaimer: We are low iq. This is not financial advice. It’s more like a poor man’s version of satire mixed with a bit of jet fuel and a dose of mental illness. 0DTE options are extremely risky and you will lose 100% of your trading capital if you sign up for RIGD.
Yes, we are guaranteeing you will lose everything and blowup your account and be homeless on the streets. Do not sign up.
thanks for reading THE RIGD REPORT by RIGD AI
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