• Kumar

Del Taco - 3 Tacos for $2.49 Not Enough To Pump The Stock, YTD Progress Recap + Video

$TACO (Del Taco), Don't buy the pumps on earnings day as you saw today on $TACO #options #stockmarket #earnings #daytrading

We had a solid day with $BA, $FSLY, and $SNBR ... let's continue this run! We ended up with a vertical put credit on $ISRG for an earnings play. Don't know what a vertical put credit is? It's a bullish limited risk trade that allows us to bet a stock will stay ABOVE a certain price point.

See $TACO (Del Taco) Chart after hours... it literally gave away all of its gains from the pump and returned back home. I believe it should bounce back and come back to $10 dollars tomorrow to burn both put and call side premiums. I would be a seller of the $10P if the stock starts to climb.

See my quick video recap discussing things to look forward to for next week!

Please subscribe to my channel!

Here is my YTD performance, which includes today's performance as well! All of my picks are alerted in the live trading group, sign up with a free trial today! My goal is to earn an average of $500/day, which comes out to around $120K a year. We have about 3 months left, so I am short of this mark but happy that the chart below looks to be trending in the right direction.