Hey there, Power Profit Traders!
Yesterday was Presidents’ Day in the U.S. and the markets were closed, but that doesn’t mean this week will be boring!
This quarter’s earnings announcements have produced some awesome surges in volatility, and a rise in volatility means more opportunities!
In Operation Surge Strike we learn to take advantage of volatility, and this week there are three BIG opportunities I am focused on.
Newmont Mining (NEM)
I have been talking about this stock in the Power Profit Trades LIVE sessions quite a bit lately, and it’s all been leading up to this week!
Check out the NEM chart with the Implied Volatility (IV) overlay, and you can see IV has continued to surge leading up to earnings this Thursday:
NEM stock and IV on Feb. 21
If you want a refresher on my analysis of this, and other stocks, you can check out the replay of our Feb. 15 session
(I cover NEM at around the 30-minute marker
As we discussed, if you would’ve bought near-the-money NEM puts a week before the company’s last four earnings releases, three of those positions would’ve been profitable, according to our backtesting:
Newmont Mining (NEM) last 4 earnings trades
I’m watching two other stocks with earnings this week for potentially HUGE Surge Strike
CBRE Group Inc (CBRE)
Another stock we’ve been tracking that has earnings this week is CBRE Group Inc (CBRE). In fact, we discussed it in some of the same LIVE sessions as Newmont Mining (NEM)!
Check out the IV surge on this one:
CBRE stock and IV on Feb. 21
If you watch the replay of our Feb. 15 session,
I talk more about CBRE around the 29:20 mark.
Of the four hypothetical pre-earnings options trades placed on CBRE in 2021, all four would’ve been wins, so I’m pretty excited about this setup!
Make sure you’ve joined the Surge Strike team for any directional CBRE guidance, should we choose to take action.
Etsy Inc (ETSY)
ETSY is THE BIG ONE for this week, with earnings being announced Feb. 24.
Implied Volatility has been rising steadily since the end of last year, and take a look at the recent IV surges leading up to earnings this week!
ETSY stock and IV on Feb. 21There aren’t any Power Profit Trades LIVE sessions this week,
but these trades, and others like them, will be detailed in Operation Surge Strike
Members receive trade ideas via email whenever new setups occur, with detailed information about exactly how to trade them and why the stock popped up on the BRUTUS radar, so they don’t miss out on these incredible opportunities!
Keep an eye on your inbox this week! More updates are coming as my A.I. trigger event system, BRUTUS, continues to find high-probability trades around “trigger events.”
Talk again soon,
America’s #1 Pattern Trader