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Kyle Dennis Dollar Ace Strategy: How I Locked In $477K In March

Kyle Dennis Dollar Ace strategy has been finding some monster winners. Check out what was on my watchlist on Thursday.

What a massive rip in the market this morning. All major market indices were up more than 4%, with the Russell 2000 spiking by 6% earlier.

Does this rally continue or do stocks get stuffed at these levels?

Who knows right now, there are still a lot of catalysts on the table… and we still don’t know the true economic impact of COVID-19. But what if I told you that you don’t necessarily need to be right on the overall market direction?

Sound too good to be true?

Well, it’s not because I’ve been able to find hidden pockets of opportunities in this crazy market environment. That’s how I was able to lock in $477K trading in March!

Today, I want to show you why it’s not necessary to pick the direction of the S&P 500 to make money in the market.

[Revealed] How I Locked In $477K In March, Without Being Right On The Market Direction

If you know anything about stocks, they don’t necessarily move in tandem with the Dow, S&P 500, Nasdaq, or even the Russell 2000. You see, there are plays that are not correlated with the overall direction of the market.

That’s exactly how I’ve been having my best monthly performance in March, ever. So how have I been doing that?

Well, first, I don’t discriminate when it comes to making money. In other words, I have multiple profit buckets — money-making strategies.

For example, my  Dollar Ace strategy has been finding some monster winners. Check out what was on my watchlist on Thursday.

Someone came in and purchased 943 GILD April 9 $85 calls for $0.63. At the time, Gilead Sciences (GILD) was trading in the mid $70s. What that signaled to me as someone with financial backing was expecting a large move in GILD.

So what did I decide to do?

Here’s what I sent out in an email alert to my clients:

I bought 25 GILD April 3 $75 Calls at .80 as an idea from the Watch List. I’ll likely be out of these today or tomorrow since they also expire Friday.

Of course, I figured a move to $85 would’ve been wild in about a week’s time. So what did I decide to do?

I actually purchase slightly out-of-the-money calls in GILD because there was a higher probability GILD could pop to $75 (and even break above it).

Well, guess what happened shortly after that alert?

GILD spiked and I locked in a 60% profit! Here’s a look at the timing of the alerts!

Of course, I even spotted the drop in Luckin Coffee (LK) BEFORE the move happened… and you can find out exactly how I uncovered that trade idea here.

Uncover A Hidden Bull Market?

Now, this isn’t the only way I’ve been making money in this market environment. In fact, I’ve unlocked a hidden bull market and figured out how to find stocks set to explode higher. Right now, I believe there are some sectors set to outperform the overall market — ones that I’m highly confident I can take advantage of.

In order to help as many traders out there in these trying times, I’m hosting a special training session to address The State of the Market, and show you exactly how I was able to lock in nearly $500K trading in March.

You don’t want to miss this!

[Ed.note: Kyle Dennis runs BiotechBreakouts.com. He is an event-based trader, who prefers low-priced and small-cap biotech stocks.

To learn more HUNT DOWN $1 OPTION CONTRACTS POISED FOR HUGE GAINS and download his FREE “DOLLAR OPTION TRADER” Playbook here!

Source: Biotechbreakouts.com | Original Link

Kyle Dennis Dollar Option Trader FREE DOWNLOAD

Futures were hit hard in the pre-market… but the market is so crazy right now, and there’s a lot of back and forth action today.

Many traders are having a tough time navigating through this volatile mess. All thanks to the coronavirus, which pushed stocks off a cliff, and economists are now forecasting a global economic contraction.

Since I want to help out as many traders during this tough time, I opened up a discussion with my readers… and one response I saw a plethora of times: How do I prepare for the next bloodbath?

With stocks trading lower to kick off the week, patience will be key. Today, I want to provide you with actionable tips that could benefit your trading this week — and potentially turn your profit and loss (PnL) frown upside down.


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How To Navigate Through This Volatile Mess

The market is so volatile right now, and it could experience violent moves in either direction… what I’ll be focused on are my profit buckets — strategies in which I have an edge and aren’t necessarily correlated with the overall market.

You see, it’s very easy to get caught up and trade stocks that move with the market… but in my experience, I’ve found it’s hard to pick the direction of the overall market.

So instead of trading FANG and other stocks that move with the S&P 500 — I look for stocks that have catalysts of their own. Not only that, but I’m focusing on leveraging my capital with options.

Why options?

Well, it allows me to know my risk ahead of time, so I can size my positions properly. Additionally, options allow me to maximize my returns. In order to find these money-making opportunities amidst this bloodbath… I’ve been looking for short-term momentum plays, rather than swing trades.

When the market moves this much (in either direction), it’s hard to hold positions overnight… and I believe short-term intraday trades will perform the best in this environment. Let me show you how it works…

How I Spotted A $12K Winner In Less Than 2 Hours

When volatility is rampant, I want to be nimble when it comes to my trades. I still focus on my edge, but I know exactly what I’m risking and trade with comfort. For example, last week I spotted an interesting setup in Luckin Coffee (LK).

The “Starbucks of China” had catalysts on the table, and I figured it could cause the stock to pop. Remember, in this environment, I’m not really looking for swing trades… just short-term intraday trades.

So when I noticed the LK play… I felt like it was a no-brainer to me.

There was a company-specific catalyst on the table. LK was being added to the MSCI Index yesterday. What that means is, funds would be purchasing shares of LK to take into account those changes… it’s what’s known as the “rebalance”.

Typically, on the day this happens, traders who catch wind of this news pile into the stock in anticipation of demand picking up. That’s exactly what I expected in LK. However, rather than buying shares… I looked to the options.

I figured if my thesis was right, those call options could move 100 – 200%  (pretty similar to the SBUX trade from the other day). Not only that, but LK could’ve got pulled higher from the market forces… after all, the buy the dippers were probably waiting to pile in.

Guess what happened?

LK made the move and those options exploded!

Of course, when markets are volatile, I’m not looking to overstay my welcome… so when I see profits on the table, I’m taking them and looking for my next play. Now, if you’ve been having trouble navigating this market… I think I may have a potential solution for you — Dollar Option Trader. In it, you’ll find the one strategy I use to hunt down profits in any market environment.

[Ed.note: Kyle Dennis runs BiotechBreakouts.com. He is an event-based trader, who prefers low-priced and small-cap biotech stocks.

To learn more HUNT DOWN $1 OPTION CONTRACTS POISED FOR HUGE GAINS and download his FREE “DOLLAR OPTION TRADER” Playbook here!

Source: Biotechbreakouts.com | Original Link

Kyle Dennis:How I Raked In $26K On LK and SBUX

The coronavirus has triggered the fastest market correction from a record high in history… and many market participants are having a hard time surviving amidst this bloodbath. Global stocks have lost a whopping $6 trillion in value as the coronavirus continues to spread…

And it’s become increasingly difficult to find plays out there for some. Today, I want to show you how you can position yourself for profits, despite the overwhelming pressure on stocks.

Of course, if you’re already in positions, I think it would be helpful to plan accordingly and have stop-losses in place… at least that’s what I would do.

For the most part, it’s a traders’ market… so I’m on the hunt for alpha and returns – so far, it’s been working out extremely well for me. Since I’ve got back in the saddle after the RagingBull Traders Summit, I was able to spot 2 massive winners in two coffee stocks.

How did I do it?

Catalyst Trades Are Rocking In This Environment

Of course, there’s a lot of risk on the table… and I’ve found that many stocks are not respecting their key levels. So instead of solely focusing on chart patterns, I find event-driven trading is far superior to generate alpha right now.

When it comes to hunting down explosive opportunities, I turn to the options market, as well as news catalysts. I want to show you how it all works with two winners that I found in two coffee stocks.

The first trade I noticed was in Starbucks (SBUX).

The stock got destroyed after coronavirus fears grew… and broke below a key support level in violent fashion. Typically, when I see such violent moves, it’s a signal that the weak hands are being shaken out… and it’s time to go on the hunt and look for catalysts.

Well, on Thursday — SBUX announced it reopened about 85% of their stores in China… and all the news outlets were loving the story.

So what did I do?

I turned to the options market because that’s where I can find some of the best risk-reward opportunities.

Since this was a high-conviction setup, I wasn’t afraid to sweep some options… and I figured I could lock in a 100 – 200% winner real quick.

Guess what?

In less than 2 hours… those options exploded, and I locked in a 100% winner — that was good for a $14K winner!

And many of my clients were able to take part in the action as well

The thing is… that wasn’t the only triple-digit winner I spotted amidst the market correction. There was another coffee stock in play with multiple catalysts on the table.

The “Starbucks of China”, Luckin Coffee (LK) was my next play. It was the same idea, there was news in the stock and it could cause LK to pop. Remember, in this environment, I’m not really looking for swing trades… just short-term trades.

So LK could’ve got pulled higher from the market forces… after all, the buy the dippers were probably waiting to pile in. However, there was a company specific catalyst on the table as well.

You see, LK was being added to the MSCI Index yesterday. In other words, funds would be purchasing shares of LK to take into account those changes… it’s what’s known as the “rebalance”.

Typically, on the day this happens, traders who catch wind of this news pile into the stock in anticipation of demand picking up. That’s exactly what I expected in LK. However, rather than buying shares… I looked to the options.

I figured if my thesis was right, those call options could move 100 – 200% (pretty similar to the SBUX trade from the other day).

Guess what happened?

LK made the move and those options exploded!

On just those 2 trades, I was able to lock in $26K! Now, if you’re struggling to find explosive opportunities in the market right now… don’t beat yourself up. Take some time out of your busy schedule and check out my shocking new eBook  Dollar Option Trader.

In it, you’ll find everything you need to know about my strategy

and how I’m able to consistently spot massive winners in the market.

[Ed.note: Kyle Dennis runs BiotechBreakouts.com. He is an event-based trader, who prefers low-priced and small-cap biotech stocks.

To learn more HUNT DOWN $1 OPTION CONTRACTS POISED FOR HUGE GAINS and download his FREE “DOLLAR OPTION TRADER” Playbook here!

Source: Biotechbreakouts.com | Original Link

Kyle Dennis Review: How To Prepare For A Market Selloff

Market is been out of control this morning as coronavirus fears continue to rise.

You’re probably wondering, “Kyle, how do I position myself for a market selloff?”

The thing is… when the market is as crazy as this, it’s not the time to pile into stocks and options. Rather, it’s when you should remain patient and wait until the markets calm down before making a move.

So how do you brace yourself and still find money-making opportunities when stocks are getting destroyed?

Simple… come up with a detailed watchlist and plan accordingly.

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How To Create A Bulletproof Watchlist For This Environment

If you look at any stocks making a move, on any given day, you’ll probably realize there’s a catalyst that sparked it… whether the stock is selling off or running higher.

For example, with stocks selling off today due to concerns of the coronavirus spreading into various countries… gold stocks are popping. Why? Well, there’s a catalyst on the table… and traders are looking for ways to protect their portfolios right now.

So what exactly are catalysts?

They’re the fundamental reason why prices move. They could be earnings, news releases, data releases or product announcements.

The best traders are forward-looking and understand how catalysts work… and I want to show you exactly how to use them to your advantage. For the most part, all of my winning trades have catalysts… and I’ll do is time them to perfection.

However, spotting the catalyst and placing your trade isn’t the only thing you need to do in order to hunt down explosive opportunities in the market. In fact, I have a simple ruleset:

  • Eliminate emotions from trading
  • Silence the noise and trust the process
  • Develop a trading plan (this helps with staying in between your guidelines, and removes emotion and noise)
  • Time your entry and exit by identifying catalysts

Especially in this market environment, I find following a rules-based strategy can allow you to prepare yourself and hunt down money-making opportunities.

Let me show you how it all works.

Remember the insane move Beyond Meat (BYND) had?

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The stock skyrocketed from $78 to over $130 in just a few short weeks!

If you go back and review that move… you’ll figure out BYND had multiple catalysts on the table, and all you had to do was time your entry around the catalysts.

You see, McDonald’s announced it was testing its Beyond Meat burger at locations in Canada. This news was announced a few months prior… and the test started a few months ago and ended in early January.

If you know anything about Beyond Meat, so many people love their vegan patties… and it was likely the tests went well and McDonald’s would expand its relationship with the company. Not only that, but BYND had an upcoming earnings release and call on Feb. 27, 2020.

Here’s what happened…

After the initial tests, McDonald’s announced it would test its Beyond Meat burger at more stores.

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What do you think traders had on their minds with an upcoming earnings announcement?

Well, McDonald’s was expanding its Beyond Meat burger, and that would mean more revenues and earnings for the fake meat company… so instead of waiting more than a month for the catalyst to happen, forward-looking traders hopped into the name.

They probably thought, “I gotta get into this stock before the move happens.

Well, if you know the story beforehand… the trade becomes extraordinarily easy… and you could have taken part in this move.

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It’s really not rocket science… and I actually traded BYND options and took part in this move.

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Not only that, but my clients crushed the trade!

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If you think about it, all you really have to do is find a catalyst, plan accordingly, and put it on a watchlist. Thereafter, you could put it on your watchlist and execute whenever you see fit. It’s a wacky market for sure, but I am confident my strategy could uncover explosive opportunities in the market very soon.

Kyle Dennis Dollar Ace Service Review | Dollar Ace Picks (2020)

Dollar Ace Program Latest Trades (2020)

As I sat down at my desk and reviewed my trades… looking for ways to tweak my Dollar Ace strategy – I came across a very interesting options trade in Beyond Meat (BYND).

An options trader came in and swept up $92K in BYND calls, a seemingly long-shot bet that was doomed to be worthless… at least that’s what many would think.

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Missed out on this monster trade alert? Stop hearing about the “smart money” trades after the fact, and join Dollar Ace now.

That’s right… at the time, a Wall Street whale came in and bought options — $92,000 worth of options destined to go to ZERO in less than a few days — that is, unless that stock MOVED.

I’ve been following the largest players in the options game for quite some time now, and I know these long-shot bets actually signal a large potential move. The smart money doesn’t just throw down massive bets like that just to gamble… they may know something.

Kyle Dennis Dollar Ace Review – How Dollar Ace Program Works?

Dollar Ace follows the real money players… those traders and insiders who risk it all to make a fortune — the type that put their money where their mouth is.

Let me show you how it all works…

If you were searching for trade ideas and where BYND could head… you would’ve been hard-pressed to find them if you listened to the talking heads on T.V. or read the financial media.

The financial news outlets had a field day, trying to figure out where BYND could head to next…

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There was a slew of bearish headlines prior to that trade… as they praised Beyond’s demise.

After all, the stock was 60% off its 52-week high of $239.71 per share just a few weeks ago.

Not only that, shares were stuck in a tight range between November and December.

Of course, with a stock that was as beaten down as BYND… it was easy to bully. However, once I saw that baller throw down a massive options bet, I knew something was up.

An Inside Look At The $1.7M Winner

To the naked eye, it may have appeared like a gamble… but I still took the trade.

Why?

First, my Dollar Ace options scanner spotted some heavy call buying action in BYND — and I simply couldn’t ignore that order flow.

Second, the chart was a “screaming buy” to me.

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Check out the daily chart in BYND when I was eyeing the trade. The stock found support around $70 and held at that level… and bounced around the two blue horizontal lines.

When I see a stock like BYND get crushed and consolidate, then hold at a key support level, it signals to me it could retest the upper-end of the range. Not only that, but if BYND broke above that resistance level, it could’ve made a monster move.

Kyle Dennis Dollar Ace Service – Dollar Ace Picks (2020)

Well, here’s what happened with BYND just a few days after I got in…

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And with just a few days until expiration— THE MOVE HAPPENED.

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The thing is… if the baller trader would’ve held until the expiration date… those 92 cent options would’ve been worth around $18.

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In other words, that $92K wild bet would have turned into $1,710,000 in trading profits.

Of course, I missed out on potentially multiplying my money by 18 fold… but when you’re in the moment, a 33% winner is not something I would just let ride. So I’m not mad about the actions I took, instead, I took the win and used it as a learning experience.

The thing is… I wasn’t the only one feasting from the trade.

Kyle Dennis Dollar Ace Strategy Review | Dollar Ace Update (2020)

So were plenty of Dollar Ace subscribers.

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If you really want to easily follow the smart money and spot trades like the one in BYND, Dollar Ace is the closest thing you’ll get to plug and play.

My scanner does all the hard work. I interpret the action and then send out the alert.

It’s really that simple.

The confidence in the trade doesn’t come from someone’s opinion… it comes from real money ballers who have a lot more at stake than you and I do.


[Ed.note: Kyle Dennis runs BiotechBreakouts.com. He is an event-based trader, who prefers low-priced and small-cap biotech stocks.

To learn more JOIN THIS SPECIAL ONLINE EVENT: 3-Step Plan Kyle Used to Turn $15,253 into $2,855,475 and download his FREE “The $2.9 Million Biotech Trader Playbook here!]

 

Kyle Dennis Dollar Ace Service | What is all about? (Screenshots Inside)

You’ve probably heard of Herbalife (HLF) before… whether it be from a friend who tried to get you into the company, or if you watched the Netflix documentary, Betting on Zero, starring billionaire hedge fund investor Bill Ackman.

Heck, there was even a CNBC Special — the “Battle Of The Billionaires” — featuring Carl Icahn and Bill Ackman— all centered around Herbalife.

Bill Ackman came out at the Sohn Conference in 2012 and attacked Herbalife with a 300+ slide presentation, and put his money where his mouth was.

He noted HLF was a pyramid scheme doomed to fail. However, 5 years after his massive bet against the company… he had to take his licks and unwind his position—losing nearly $1B for his investors.

Icahn won the battle… and that’s because he didn’t let his emotions get in the way.

Not only that, but he used the options market to establish his bullish opinion in HLF. He was able to become  a corporate “insider” on the cheap, and of course, he knew what his downside was.

When it comes to trading and investing, Icahn is what many would call a genius… and he got out of a chunk of his position when the time was right.

It was what seemed like a well-timed trade, but since he was close to the company…  he may have known something.

There’s something we could learn about the Herbalife battle… and I think it could help us tap into the minds of the Wall Street whales.

Herbalife’s Intricate Business Model

Herbalife is currently available in 94 different countries, the company’s global presence is what got Herbalife into a $20M jam for misleading investors.

You see, slinging Herbalife products in the U.S. and most places around the world is a whole different game than trying to sell those shakes in China. China’s laws allow people to directly sell their products. However, the structure of the company is completely forbidden.

Herbalife is a multi-level marketing (MLM) company, technically not a pyramid scheme (that’s why it’s 100% legal in the U.S).

Basically, the way MLMs work is simple — it’s recruiting, on top of recruiting, on top of recruiting, with bit sales sprinkled in. The more people someone recruits to sell Herbalife products, and the more they recruit, the more money they make.

93 countries let Herbalife follow this typical format. However, China is a whole different game because MLMs are against the law.

HLF Didn’t Care About Investors

What’s worse is investors didn’t get informed about the risks involved in Herbalife’s unusual compensation procedure in China, which brought rise to the matter. Of course, the company didn’t care. Instead, they tried to cover their tracks.

Herbalife made a statement explaining its operations in China, “Our independent service providers in China are compensated with service fees instead of the distributor allowances and royalty overrides utilized in our traditional marketing program.”

Herbalife even alleged that its service providers were paid an hourly wage, a substantial difference from anywhere else in the world.

The issue here was the fact the company’s statement was 100% false and misleading to investors.

How so?

Herbalife’s compensation model in China is damn similar to the other 93 countries it operates in. In fact, the compensation is almost exactly the same despite the MLM issue.

Smells fishy, right?

Herbalife’s Web Of Lies

Here’s how they tried to fineness the MLM issue.

HLF calculated the pay in the Chinese market based on downline purchases, with bit of accounting adjustments. The result being the pay for selling Herbalife in China is almost the exact same as MLM friendly countries.

To top off Herbalife’s web of lies, China’s service providers didn’t even have to list their hours or describe the work they did on the invoices they sent in! The company kindly provided pre-printed sheets with hours for services rendered. All they needed to do was sign the papers.

Why this is all so important is Herbalife’s public fillings had China as Herbalife’s LARGEST region of revenue growth from 2012 to 2015.

In 2015 it accounted for 19% of all worldwide sales. In 2017 and 2018 it accounted for about 20% of Herbalife’s sales worldwide. In 2017 and 2018 China had around $886 million and $1 billion in net sales.

Think about it, all these numbers came from little pre-printed invoices to skirt pyramid scheme laws.

Former Herbalife salespeople in China spoke out and noted the invoices they received didn’t even remotely resemble the actual hours they worked. Most salespeople’s invoices typically had identical hours to that of the Herbalife text they received telling them their eligible hours.

In 2015 and 2016, out of the 389,539 Herbalife salespeople who submitted invoices in China, only .05% of the payments differed from the texted amount.

Herbalife cruised along with this business model for years, reporting bogus numbers and making false public statements.

Finally, after 6 years Herbalife got caught.

The Securities and Exchange Commission charged Herbalife with making false and misleading public statements about China’s service provider compensation. Which in turn denied investors of the vital data they needed to fully gauge the risk of investing in Herbalife stock.

Herbalife tapped out to the SEC’s findings that it violated specific anti-fraud and reporting provisions under the federal securities laws. But it never admitted or denied a thing. However, Herbalife had to chalk up a $20 million penalty as well as cease and desist from making this error again. That’s just a slap on the wrist for the multi-billion dollar company.

How To Profit Off The Backs Of Wall Street “Insiders”

The thing is, if you were able to spot Carl Icahn’s massive buying in HLF… you could’ve locked down a monster winner.

He started to purchase call options in Herbalife and started off with a 13% stake in the company, controlling a whopping 11M shares. He more than doubled his money at one point on a portion of his options position… and you actually could’ve taken part if you had the right strategy in place.

When it comes to the options market, it becomes very hard to hide your moves. Every options trade that goes off on U.S. exchanges must be reported to the Options Price Reporting Authority (OPRA).

That means the information is there for the world to see. The only thing we don’t know is why the Wall Street whales are placing these massive bets… and of course, we don’t know who is actually behind the trade.

When I see a massive options order hits the tape, all I know is the someone is buying and I should keep an eye on the trade.

Let me show you how it all works.

I spotted a massive options order go off in Beyond Meat (BYND).

A massive options player swept up about 1,000 calls in BYND… and there was a potential catalyst event. Not only that, but the chart signaled BYND could catch a massive bounce.

BYND found support and the next resistance level to keep an eye on was around $85. So I figured that the stock could get there real quick. Not only that, but if it broke above that level, it could test the $100 level and fill the gap.

Here’s what happened with BYND just a few days after I got in…

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Right to that resistance level!

Now, rather than holding onto the trade (the expiration date on the calls I purchased was fast approaching), I decided to take my profits and re-evaluate the play.

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I was able to lock in a 33% winner, but some of my clients were able to do much better than I did…

I had a 260% win on BYND calls, my largest ever, so no, not sleepy LOL ~ Craig M.

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How were we able to lock in this massive winner?

By using my Dollar Ace strategy. It’s designed to sniff out the moves of Wall Street’s best options traders, and we can legally ride their coattails.

My Dollar Ace scanner flags down smart-money bets and tells me what they’re buying and the type of move they’re expecting from the trade.

By tracking their footprints, we’re able to get into the same trades, and profit alongside them. If you’re ready to take advantage of this unfair edge in the options market, click here