We just caught a 10X trade from a textbook setup ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Welcome to The Strazza Letter, a free note with market insights from me, All Star Charts Chief Market Strategist Steve Strazza. |
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Hi Everyone, Freeport-McMoRan $FCX didn't explode out of nowhere. It spent months in a depressed-volatility state– carving out a base, coiling in a tight range, and building energy for the next big move. On November 26, we bought the 1/16 $45 calls for $1.15 — right as FCX resolved a triangle and the Strazza Indicator signaled the end of a contraction phase. From there, price did what price does when pressure finally releases. Momentum flooded into the stock, and our calls ripped to $12.50. That's a +957% max return from entry. In other words, this turned into a ten bagger. |
We exercised patience and timed the volatility expansion to a tee. Now, we're acting fast to take profits… and preparing to redeploy that capital into new opportunities. This is how Breakout Multiplier operates — quietly waiting out the compression stages of a trend, but quick and aggressive to get involved when conditions turn. Don't miss the next explosive breakout. Join Breakout Multiplier now and get access to trades like this as they happen. Our 50% off sale just ended. If you missed it, you have one last chance to call Mary at (323) 421-7910 and still get the deal. I'll see you there. -Steve |
Steve Strazza | Chief Market Strategist, All Star Charts |
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