[LEAKED] Private call reveals “Insider Dashboard” details!
Friday, HOOD ripped about 15% in a single session — more than 5x its Average True Range (ATR).
When a name explodes like that, most traders flip a coin: chase the momentum or fade the “overextended“move. I don’t love either.
What I want is a risk-defined way to get paid if the volatility persists — regardless of which way it breaks.
Why I didn’t buy a strangle
A vanilla long strangle (buying the 118 call and 115 put, as priced Friday) was about $900 per combo with break-evens near ~126.83 up / ~106 down. That’s a huge box of dead money before you even start winning. It’s not that you can’t make on it — it’s that you need too much.
The two-way spread I taught (a “reverse iron condor”)
Instead, I walked through a simple two-way spread: a tight call debit spread + put debit spread.
It shrinks the losing box and flips the math so you’re already near +50% ROI at the edge of that box, instead of just hitting break-even there.
Today I reset the setup using current prices and viewers two choices:
- Aggressive, near-term (Sept 19):
Buy 125/126 call spread + Buy 116/115 put spread
~$0.65 total outlay when we looked at it — with >50% potential once price pushes out of the box. - More time / more conservative (Sept 19 monthlies, tilted):
Short 122/125 call spread + Long 118/115 put spread
Priced around 2.40–2.43 when we built it live — I recorded a fill at 2.43.
I’m managing this by time-to-ROI, not a hard target. If HOOD pops and I see a fast teen-percent gain in a day, I’ll take it. If it grinds, I’ll let it work toward a larger payout.
(Both are risk-defined; pick your flavor — speed vs. cushion.)
Quick wins I highlighted
- CLSK — the new position we laid on yesterday was ~+40% in one day when I checked it live.
- AGQ — the spread was already ~+27% when we looked this morning.
Metals on my radar
On today’s Opening Playbook, we also talked gold/silver with Tom Busby and pulled up GDX — the miners have been on a tear since August. I’m still constructive there and will keep using defined-risk structures to participate without oversized heat.
Final thought
Blowout days tempt traders into all-or-nothing bets. I’d rather control the box and let volatility do the heavy lifting. If HOOD keeps moving — up or down — the two-way spreads pay me sooner, with less “dead zone” than a plain strangle.
— Nate Tucci
P.S. See setups like this and much more every weekday at 10am and 3:30pm Eastern on Opening Playbook & Closing Playbook. Don’t miss it!
