703% Weekly Stock Returns: A Study Case

This YouTube video will discuss a trader's experience making 703% profit in under a week by trading Shopify ($SHOP) options. The trader, using the alias “QuantSync,” bought over 150 out-of-the-money call options contracts and held them for less than a week, resulting in a huge return.
Here are some key takeaways from the trade:

● Be flexible: While it's important to have targets, don't be afraid to adapt to the market and seize opportunities as they arise.
● Identify “gems.” Look for high-potential trades using multi-level analysis. For this trade, QuantSync used technical, fundamental, and sentiment analysis:
○ Technical analysis: QuantSync identified a reversed Head and Shoulders pattern on the weekly chart and noted how the stock was behaving around the $90 resistance level.
○ Fundamental analysis: QuantSync knew Shopify’s earnings were coming up and factored this into the trade.
○ Sentiment Analysis: They analyzed social media, Google Trends, and the general market sentiment.
● Use options analysis tools. QuantSync used ThinkOrSwim and Unusual Whales to assess the trade's potential. Analyzing premiums, open interest, and call/put ratios is important.
● Pay attention to market context. Consider the impact of broader market trends when making trading decisions. In this case, the post-election market rally and movements in assets like Bitcoin ($BTC) and Tesla ($TSLA) were influential.

⏭️ Find more: https://quantsync.substack.com
📚 Books: https://amzn.to/3uW9Hrm
💻 Computer: https://amzn.to/3NvDCx6

DISCLAIMER: The content presented in this video is for educational and informational purposes only and should not be construed as financial advice. The trading strategies and results discussed are based on my personal experiences and are not a guarantee of future performance or success. Investing in stocks involves risks, including the potential loss of principal. The views expressed here are my own and do not reflect typical outcomes. My testimonials and examples used are exceptional results, and they do not intend to represent or guarantee anyone to achieve the same or similar results. It is strongly recommended that you conduct your own research or consult with a qualified financial professional before making any investment decisions. Remember, past performance does not guarantee future results. This is not a recommendation to buy or sell!. The links provided on this channel are affiliated links or personal websites.

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