OKTA From Setup to 5,000% Reality
Most traders didn’t catch this move.
They didn’t even see it forming.
And they damn sure didn’t chart it like I did.
This is what happens when planning meets precision. And it’s only $20/month to get in!
Thursday Night Setup
Here’s what I posted last Thursday evening for paid subscribers:
OKTA was sitting in a daily wedge that had been tightening for weeks. There is a massive gap above, and we just got a big bullish engulfing candle on volume. The setup was coiled. But most importantly, after all of that sideways action this had finally made it’s way back to the trendline.
I don’t overcomplicate trading. I don’t need flow. I don’t need to “follow the money”. I don’t need trailing indicators. I use my experience and tireless work ethic to provide the cleanest, and easiest, charts to follow. ZERO UNECESSARY BULLSHIT, because at the end of the day, a stock can only do 3 things: Go UP. Go DOWN. Go SIDEWAYS. That’s it. You have a 1 in 3 chance of being right without knowing a thing. I give you the sauce so you a 3 in 3 chance of being right, even if you still don’t know a thing!
I give you the call (or put) trigger. You just need to put an alert on your chart. “Set It and Forget It” as my buddy Ron Popeil used to say. The level was $98.00. That was the breakout trigger.
I map out the strikes I’m interested in:
100c and 101c as focus strikes
102c (8/1) as another idea with more time
My price targets are laid out, and they are deadly accurate.
No overthinking needed. The structure was real. The trade just needed ignition. And you needed just a little bit of patience to not get sucked in to puts and get stopped out in 5 minutes.
Friday Price Action
Market opens. OKTA dips early but holds the $97 put trigger zone.
I tell my subscribers all the time, especially those who are newer to options trading, that you need a close over/under and confirmation. This NEVER HAPPENS with OKTA, yet some inevitably jumped in to puts on the break of the level, without letting the candle close and following with confirmation. Just take notice along the bottom of the chart - selling volume was very low on the drop, and was tailing off by 9:45 a.m.
At 10:00 a.m. we start to see an increase in buying volume coming in. Then 10:15am hits. Breaks $98 clean. Volume rips through. Breaks the trigger I mapped out. Now the setup is live.
100c hits a low of .09
High of day? $5.00
That’s a 5,455% move
Even if you caught this at .20, you’re still riding a 2,400% trade
And it wasn’t just one contract. Every price target hit.
100c went .09 → 5.00 = 5,455%
101c went .10 → 4.10 = 4,000%
8/1 102c went…well, you get the point!
This wasn’t a scalp. This was a structured plan. You could peel off at each PT, roll into the next strike, or ride it depending on your size. We never made lower highs. Structure NEVER CHANGED until we reached my third and final price target on the chart.
Why Most Would’ve Missed It
Most traders wouldn’t have even seen this setup.
Look at the “naked” chart. VERY FEW would see what I saw. That chart looks like a mess to some, an uncrackable code to others. But I see what others don’t, and I see it long before all the “big traders” do. This is what dedication to honing your craft gets you. Accuracy. Things jump out at you that others overlook, and I share it every Sunday and Thursday with my subscribers. Over 30 trade ideas EVERY TIME!!
Look, the wedge wasn’t clean by textbook standards. There wasn’t a perfect 3-touch line with body-to-body symmetry. That’s where they would’ve stopped.
But I didn’t draw this wedge for aesthetics. I drew it based on control.
I anchored the trendline from the wick highs. Not the bodies. Not the closes. The wick highs. Because I understand the importance of measuring the angle of intent. The sellers weren’t just tapping out at the body close. They were slamming price down from those wicks every time.
That trendline was the ceiling. It tracked for weeks but you never saw it coming. It showed where supply was stacked. You could have counted down the days if your trendline angle was correct.
And when that angle got broken, the game changed. Fast.
Most chartists don’t know how to chart that. They chase confirmation. They wait for someone else to validate it. They miss the move and wonder what happened.
I had it mapped the day before. Ran it to plan. No hindsight. Just execution. And I’m in LIVE CHAT every day helping everyone make more money by spending less!
The Difference
Most traders:
Buy expensive ass contracts close to the money
Wait for confirmation too late
Miss the breakout entry
Don’t understand how premiums move
Sell too early with no exit plan
Don’t even recognize the setup
Have no goal in mind
Meanwhile, with PRIME PICK$ you had:
The setup before it moved
The breakout trigger level defined
The right strikes picked
Price targets laid out ahead of time - the goal(s)
The chance to turn $900 into $50,000 before lunch time was over
You didn’t need to catch .09. You just needed to be prepared when .20 showed up with the structure behind it.
This is what preparation looks like. This is how you catch trades that hit thousands of percent without chasing alerts or guessing direction. You follow simple, easy to understand charts and trade ideas that I pump out with unmatched consistency.
This is exactly why I drop these setups before they move, not after the candles are already printed. These 1,000% trades happen weekly with PRIME PICK$. We had DNUT 0.00%↑ for 2,800% and TSLA 0.00%↑ for 1,150% as well last week. Today NVO 0.00%↑ puts paid out nearly 3,000%.
This is what PRIME PICK$ is built for: Small risk = BIG REWARDS
Hope to see some new faces in LIVE CHAT this week!
What a incredible edge you have & provide us the knowledge , thank you,
I appreciate the breakdown. No one does it like you. Flipping 900 to 50k is lifechanging