2021 was a wild year!
And that means itβs time for some celebrations – Happy New Year!
The entire Raging Bull family, and I personally, are wishing you a wonderful 2022!
May it be full of joyful moments, positive emotions, time with loved ones, and, of course, great trades!
I hope you enjoy the first weekend of the new year and come into 2022 well-rested and well-prepared!
In the meantime, let me recap some of the most memorable call-outs of 2021, brought to you by your Raging Bull gurus.
BBIG Options Call Out
Out of nowhere, the little-known stock BBIG became one of this yearβs hottest momentum traders, following the acquisition of a TikTok competitor.Β
I mean look at that:
In what turned out to be one of my coolest call-outs of 2021 I noted the very aggressive and highly unusual options activity in the name early into the pump.Β
Hereβs what I wrote back then:
βWhen the stock was trading at $4.40β – and you already see on the chart what happened next!
Shares nearly tripled and the calls have truly exploded $4.80!
Those like myself who watched the aggressive options buying had yet another indicator to support getting into the trade.
Lotto Trade In UVXY
I once explained to you why we call some trades βlottoβsβ and what they are.
In a nutshell, these are the high reward, but very high-risk trades that weβd sometimes enter with negligible size – truly, like the lottery tickets.
In early November, Jason picked up some lottoβs on UVXY, betting on a pullback in SPY, thatβs truly overextended:
It was a Friday, the day of expiration, meaning all out-of-money contracts normally go for very cheap, so Jason got his contract for $0.16 each.
Well, the SPY did pull back that day. And his UVXY Calls did work:
How is that chart looking?
Benβs Following AAPLβs Trend
Ben Sturgill didnβt sit back either.Β
You may often hear from skeptics that classic technical setups donβt work.
Thereβs some merit to that argument, but Benβs here to prove them wrong.
Ben was looking at AAPLβs breakout to all-time highs – a classic setup we often talk about.Β
Following a breakout to new highs, the stock dipped back into the $157 area, which is exactly where Ben loaded up on call options.Β
He put on a continuation trade against prior all-time-high – classic βfollow-the-uptrendβ trade.
You already know from the chart above that the stock ripped higher.Β
Hereβs how Benβs actual trade went:
Hereβs another stunning chart of the price of his options contract:
1 Comments
Thanks