Doubling Down on an Expectation for a Bounce

Nicholas Vardy

Nicholas Vardy has a unique background that has proven his knack for making money in different markets around the world.

You were stopped out of your position in the Direxion Daily Small Cap Bull 3X Shares (TNA) during intraday trading yesterday. Remember that whenever we stop out of a stock, we sell any related options positions as soon as possible. This means that when TNA stopped out, yesterday’s recommendation of the IWM Jan. $111 calls should have been sold as well. However, subscribers still holding the IWM calls should remain in the position; see below.

If you hit your stop of $59.50 on TNA, I recommend that you re-enter this position and place your new stop at $49.50.

I am also recommending you re-enter yesterday’s recommendation, the iShares Russell 2000 (IWM160115C00111000) January $111 calls.

Exclusive  GLOBAL STOCK INVESTOR HOTLINE UPDATE 13

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