$Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X Shares (G...
$Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X Shares (GUSH.US)$ we have a really unique scenario that's been taking place the past couple of months and it really started the kickoff when Biden began selling strategic reserves and pushing oil prices down in the United States and then you have China's recovery not materializing to the extent that people thought it was going to so now there's all this talk about China that's going to have to stimulate their economy to get it to grow again.
I mentioned multiple times going back to earlier this year that you need to plan in advance of the election what you will be doing when you find out who the next president is. you may not like that person but you have to be able to position your investments to profit from their historical actions.
so oil has fallen quite significantly despite tensions in the Middle East. and I have mentioned drip which is a leveraged ETF that benefits from lowering oil prices and you can see it's gone from under $8 to over $12 since I mentioned it and it has an upside in my opinion of just over $20 if Trump wins.
alternatively you have the flip side scenario gush GUSH. WHICH IS A 3X LEVERAGE BULL ON THE MAJOR OIL COMPANIES AND WHEN OIL PRICES RISE THESE GUYS MAKE MONEY JUST LIKE THE GOLD MINERS JUST LIKE EVERYBODY CHASE THE GOLD MINERS THAT'S EXACTLY WHAT HAPPENS WITHIN THE OIL INDUSTRY THEY ALREADY HAVE THE RIGS THEY ALREADY HAVE THE PEOPLE THEY ALREADY HAVE THE LEASES IN PLACE THEY KNOW WHAT THEIR COSTS ARE THE RELATIVELY FIXED THEY JUST NEED THE N COMMODITY TO INCREASE AND THEN THEY'RE PRINTING MONEY.
so today there's an opportunity that exists and it is a risky one because it's moving in anticipation of an election. I look at options all the time and I do what I call scalp. I look for positions where there's no bid And there's an offer that's 2-3 dollars and I'll throw bids in randomly at a nickel at 10 cents for 100 contracts 500 contracts a thousand contracts
. not all the time but sometimes I get filled somebody might enter a wrong order and tough shit their loss my benefit sometimes somebody's just looking for a few bucks to unwind the position rather than letting it go to zero. so here is an option trade that I think is a slam dunk if we get any reversal in oil which I think it's going to happen before the election I think oil could be up five bucks 10 bucks
and in God forbidding the event that Harris wins you've got a grand slam here I mean you've got what I think will be a hundredfold your money. and the reason why I say that is oil in my opinion will be 90 bucks within her first term and I think it'll be mid-90s and I think at that point you'll hear people say 110 to 125 in the second year.
so here you have a January 26th 37 call at zero bid and $2.75 offer
throw a bidding for 100 contracts at a nickel or 10 cents just leave it in if you get filled for 10 contracts or 50 or 100 whatever it is it's peanuts it's short money $37 is nothing for this ETF you can pull a chart you can see it was just mid-40s you go pull a long-term chart you see how high it was when oil was much higher.. so this is scalping nobody's looking it's zero bid and the opportunities are historic from a rate of return a you need to get filled a 7-8 dollar increase in the price of oil you've got probably a 5 return minimum on your money right at that point. and then if Harris wins sit back and figure out what Mansion you want to buy..
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Laine Ford : all stock is good