Oil Shock Triggers Big Winner

It was only a matter of time…

And thanks to the oil price shock we’re seeing, that time came today.

Here’s what happened…

Back in August of 2021, I told Trade of the Day Plus members about an incredible value play in the oil exploration sector.

The stock was Transocean (NYSE: RIG) – a deep-water oil exploration company that operates 27 ultra-deep-water floaters.

In mid-2018, Transocean was trading for $16. But in early 2021, it dropped below $1. With such big price swings in both directions, I knew this stock was set up perfectly for one of my special Win-Both-Ways Trades.

And so I recommended the Transocean January 2023 $3.50 calls and the Transocean January 2023 $3 puts – all for a total of around $2.30. I also recommended Transocean stock, which we entered for around $3.68 per share.

Armed with that position, we had the luxury to sit back and wait for a big move to happen. And today, the trigger we were waiting for finally popped off!

As the Russian invasion continues, we’re looking at a situation where the record price for oil (which hit a high of $145 a barrel in 2008) is now in play.

As a result, shares of Transocean have absolutely exploded…

 

Trade of the Day Plus members who followed my Transocean play were positioned to capture the payday of a lifetime today.

Charles S. said…

“I did a Trade of Day Plus recommendation on August 19, 2021. Bought January $3.50 Call at $0.97. Sold today at $5.22 for +338% profit.”

Wayne M. said…

“I closed the 600 Shares/Contracts I opened at $2.15 for $5.13. Average in $2.15, out at $5.13 (+138% gain).”

Nina C. said…

“Nice +48% win for me!! Thanks!”

Action Plan: As oil prices remain elevated, Transocean should continue to be one of the best value plays you can own in this geopolitical market environment. But more importantly, if you want to be positioned for moves like this months ahead of time, then you’re invited to level up to Trade of the Day Plus right away. Transocean is a crystal-clear illustration of what our premium-level service could do for you, and it shows how membership could have a dramatic impact on your future wealth. As everyone else is losing in a down market, we’re handing our members winners. Isn’t it time you started ringing the register as well?

Right now we’re offering an 83% win rate guarantee to all of our members. Click here to level up now.

Monday Market Minutes

– Earlier today, RC Ventures, an investment company owned by Chewy (Nasdaq: CHWY) co-founder and GameStop (NYSE: GME) chairman Ryan Cohen, confirmed it holds a 9.8% stake in Bed Bath & Beyond (Nasdaq: BBBY). The stock surged soon afterward. Tracking.

– Only 140,000 Digital World Acquisition Corp. (Nasdaq: DWAC) users follow former President Donald Trump on the company’s Truth Social platform, a mere fraction of the audience he had on Twitter. Digital World has only $0.04 in cash per share – while its burn rate may become an issue. We showed our Trade of the Day readers exactly how to play Digital World last week, and War Room members made 30% gains in minutes.

In the crypto world, DraftKings (Nasdaq: DKNG) announced a collaboration with Zero Hash that will allow the sports technology and entertainment company to stake digital assets it holds in its treasury to support the Polygon (MATIC) blockchain network.