Going For a 30x Return

JC Parets
April 4, 2024

You already know me very well.

When do I ever talk about the potential for a 30x return?

The answer is never.

It's just not in my DNA.

This is not how I approach the market. This is not how I like to talk. And quite frankly, I usually laugh at those who do.

That's the truth.

But every now and than, but almost never, an opportunity presents itself that we rarely see in markets.

And the way to maximize the potential is through the options market.

"Options give us options", as Sean likes to say.

So let's start with the setup.

Here is the S&P500 Energy Index breaking out of a 15-year base to a NEW ALL-TIME HIGH yesterday.

Finally, after 15 years since the Great Financial Crisis, Energy is starting to get going.

But how high can it go?

Well, after building a base for 15 years, my answer is that it can go a lot higher than you think!

I laid out some Fibonacci extensions just to give you some perspective on how much potential this one has.

Yesterday, Sean and I walked Members of All Star Options through this trade and exactly how we want to play it.

Like I said before, I never ever ever talk about anything going up 30x or anything even close to that.

That's NOT how I roll.

Generally I think that's just silly, and even kind of slimy.

But with this setup in Energy, 30x is exactly what the upside is.

You can check out all the details and the full explanation of our Energy trade by signing up for ASO here completely RISK FREE.

Oh, and as an added bonus, we also put on a shorter-term options Income trade yesterday in $ARKK that would actually cover the cost of the potential 30x Energy trade mentioned above.

So net/net there's no cash outlay.

I love that.

Check out all the trade details and a full explanation here at All Star Options.

See you in there!

JC

 

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