It’s About to be a Bearish Holiday

I don’t see much evidence of a Santa Claus rally – not in this market.

In fact, I’m looking to buy puts as we head into the holidays, betting on a downfall in two of the stocks on today’s Watchlist…

  1. Apple Inc. (Nasdaq:AAPL)

After blowing higher on Wednesday, AAPL is under pressure:

Click To Enlarge | AAPL Dec 9-16

As I type, AAPL has lost more than 2.5% on the day. Now, the question isn’t how high AAPL can blow, but how low it can go.

If AAPL continues on the downside here, I’d consider buying puts on the stock through the weekend.

  1. iShares Russell 2000 ETF (NYSEARCA:IWM)

The Russell 2000 has had a rough month, but unlike AAPL, it’s up today:

Click To Enlarge | IWM Nov-Dec 2021

Right now, I’m wondering if IWM can get ahead of steam. A small-cap rally paired with some of the mega-caps easing off would be good for the broader market.

  1. Robinhood Markets Inc. (Nasdaq:HOOD)

HOOD is in a free fall – and it has been since October:

Click To Enlarge | HOOD Oct-Dec 2021

HOOD IPOed around $35 per share. At one point, it traded as high as $85. This morning, however, it opened well below that – at just over $19.

HOOD is in danger. Its main source of revenue is PFOF, an evil practice that may finally be banned. This is another name I’m looking to buy puts on. The stock could be heading to $10 per share… or lower.

30 Minutes Left of This $100 Discount

Volatility is still moving wildly. But after spiking to 30 earlier this month, it’s finally starting to ease back.

Just check out this chart of the VIX, courtesy of Yahoo!Finance:

Click To Enlarge | VIX Dec 2021 | Source: yahoo!finance

Today, we sit at about 19.5. That’s a lot better than 30, but it’s still relatively high. And I’m not so sure the selling is over yet.

Yellow Traffic LightMy VIX light is yellow today. And you know what that means: wild moves ahead.

With quadruple witching coming up tomorrow, I wouldn’t be surprised to see one more huge move up or down.

This is going to be the most important quad-witching day of the year. And I’m going live in thirty minutes for my Profit Revolution Lifetime members to show them exactly how to trade it.

If you’re interested in joining, then you have a half hour to take advantage of your $100-off discount.

Once the session starts at 2:30 PM ET, this discount will be gone.

Call 877-568-1394 and tell them you’re a Profit Takeover reader to lock in your discount…

And catch my 2:30 PM quad-witching session just in time!

Mining – Oversold or Overrated?

There’s big money flowing into Cleveland Cliffs Inc. (NYSE:CLF) today. Check out this call spread:

A customer bought 10,000 of the February 18, 2022 $21 calls and sold almost 10,000 of the $23 calls.

This is a straight bullish play on the mining stock. But mining hasn’t had a great go of things as of late.

CLF, in fact, is down 1.3% over the past 5 days, 2.5% over the past month, and 7.6% over the past six months.

Really, the entire mining industry has been bearish.

So… where do I stand on this big-money call spread?

CLF might be negative right now…

Click To Enlarge | CLF Nov-Dec 2021

But I think it’s way oversold.

This thing is due for a bounce, and the options are cheap. So yes, I’m interested in piggybacking this trade…

But I’ve got an easier way to do it.

One that I’ll cover in today’s Profit Revolution trading session, where every official trade recommendation is under $1 with the chance to profit 100% or more in 30 days or less.

Call 877-568-1394 NOW to lock in your $100 off!


Mark Sebastian
Founder, Profit Takeover


3 responses to “This Quad-Witching Discount Ends Today”

  1. Right know i don’t have the money to get this at like to try this out but right now i just don’t have the money in my bank account maybe later when i get my Next mouth on about the 1/3/2022 or the 2 week on Wednesday of the month I will be able to do this.think you for your time.Benjamin A Cox Jr.

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