Did You Miss This Trade?

Did You Miss This Trade?

Posted On March 10, 2022 3:25 pm

I sent an important trade alert to subscribers to my Options360 concierge trading service.

Here’s a copy of the email I sent:

The whipsaw action continues. I think we need to be very careful not to get chopped up as intraday ranges expand, reversals occur on a daily basis and sector rotation is swift. And of course, this stems from headline risk which is creating a lack of liquidity which leads to wide bid/ask and ‘air pockets’ of price movement making for treacherous trading. Meaning, patience for solid setups and waiting for prices to hit extreme/stress levels before taking a stand. For now, it’s hard to sell things in the hole and equally difficult to try to bottom fish.

That said, let’s establish a relatively small and moderately bullish position in Lithium America Corp (LAC).

LAC is an exploration and soon-to-be producer of lithium, a key metal needed for EV batteries among other applications.

LAC does have an equity interest in producing Argentinian mines, which can both be a plus or potential risk as there has been chatter of Argentina nationalizing some natural resource businesses.

Still, the trend for strong demand and higher prices create fundamental bullish underpinnings.

From a technical standpoint, the chart could be on the cusp of breaking channel downtrend.

lac stock chart 2022

I can’t share the exact trade with you, however, you can access this trade and all of the Options360 recommendations for an entire 30 days, for just $19!

If you hurry you might be able to get in this trade.

To Your Success,



PS. Even if you’re too late for this trade…

Make sure you don’t miss the next profitable trade.  Claim your trial subscription right now!

About author

Steve Smith

Steve Smith have been involved in all facets of the investment industry in a variety of roles ranging from speculator, educator, manager and advisor. This has taken him from the trading floors of Chicago to hedge funds on Wall Street to the world online. From 1987 to 1996, he served as a market maker at the Chicago Board of Options Exchange (CBOE) and Chicago Board of Trade (CBOT). From 1997 to 2007, he was a Senior Columnist and Managing Editor for TheStreet.com, handling their Option Alert and Short Report newsletters. The Option Alert was awarded the MIN “best business newsletter” in 2006. From 2009 to 2013, Smith was a Senior Columnist and Managing Editor for Minyanville’s OptionSmith newsletter, as well as a Risk Manager Consultant for New Vernon Capital LLC. Smith acted as an advisor to build models and option strategies to reduce portfolio exposure and enhance returns for the four main funds. Since 2015, he has worked for Adam Mesh Trading Group. There, he has managed Options360 and Earning 360, been co-leader of Option Academy, and contributed to The Option Specialist website.