Trade Recap: The Bread Was Moving
Last week was a Chip Away “see green take green trade setup”
We found opportunities across mega cap tech, crypto, semiconductors, critical materials, and defense. Some moved immediately. Others required patience. A few are still developing.
The Standouts
$META
The weekly reached 500%
BM entered a $META ODTE on 8/24 at 10am EST. The OnSight heatmap looked clean for upside and Dough Daddy confirmed BMs call option flow confluence an hour later. BM said he was expecting a ripper and man did it ever. 500% in hours. BAKERY PAID
$META provided another clean example of focusing on names with enough liquidity and movement to reward a properly timed entry.
$INTC
The 90c weekly contract reached 300%
Intel continued offering opportunity as traders repositioned around its changing role in the semiconductor and domestic manufacturing story. BM said we’d see 91 or above by Friday based on flow, maps and charts. We hit 200% on Thursday and 300% Friday by 12pm. BAKERY PAID. At $86 on the 25th BM called his shot on this weekly 3 bagger.
$NVDA (ER PLAY)
Hit the nail on the head with $NVDA last week. Lottos went 200% and 300% Respectively depending on if you took BMs 217 strike or the 227.5 strike. Fantastic ER call and forward guidance. BM told DD it was SEND TEAM 6 the day before ER based on data reads, We will be getting back in $NVDA soon.
$MP
The swing reached 100%.
MP remains tied to one of the market’s larger strategic themes as the United States works to strengthen its domestic critical minerals supply chain. BM went with a September swing that was ITM within a day after taking the contract. Bakers potentially waited by trimming and Profit taking this contact all the way up to 100%
$USAR
The weekly reached 85%.
Not every winning trade needs to produce four digit returns. An 85% move on a weekly contract is still a strong result, especially when risk is managed correctly. SEE GREEN TAKE GREEN.
$SPCX
100% 1-hour scalp
A great example of a momentum trade utilizing live flow and OI on Friday contracts. Net premiums were overwhelmingly bullish going into Friday and still held strength after open. Onsight Maps showed a $4 move to the upside and BM took a stab at the 0’s. 100% return in an hour was the result. $0.90 to $1.90 on the contracts.
New Positions
$BABA
Starter initiated.
The position is intentionally small while we wait for the setup to confirm. A starter gives us exposure without treating an early entry like a fully developed trade.
$BABA has been Rejecting off the daily VP shelf. Weekly and daily resistance at 122 would be the first level that we need to see reclaimed. If we can reclaim then 126+ is the target for EOW. We have time on these contacts and BM expect upside into Opex. Want to see $116.86 reclaim this week
$NFLX
Starter initiated
NFLX 100c October Opex. Cheap contracts at $0.40. $NFLX 82 has been rejected 3 times last week which is a clear resistance. Get above and we look at 85.2 as our next target which is monthly resistance and coincides with our YTD VWAP. If we see any retracement off the 85 level we want to see 81-82 needs to hold as a floor which is also a daily VP shelf.
$BMNR
Starter Initiated
CRYPTO theme is still strong, $BMNR high correlation to ETH prices positions it as a leveraged play on Tom Lee’s thesis that tokenization of real world assets, AI-driven on chain activity, and a new crypto cycle could push Ethereum well above $5,000. Meanwhile, its MAVAN validator network already stakes over 5 million ETH and is generating an annualized $330 million in staking yield (scaling toward $381 million at full deployment), creating a growing, high-margin revenue stream that compounds treasury appreciation rather than relying solely on price. $BMNR Russell 1000 inclusion, a $4 billion buyback authorization, and backing from institutions further support potential institutional inflows and a re-rating as the company finishes its accumulation phase and expands third-party staking services heading into year-end. BM is bullish on $BMNR & $ETH into EOY.
Baker’s Pick
$RKT 9/18 Call
The Baker’s Pick reached 88% during the week. Underwhelming performance for a weekly, and a testament to the see green take green mentality when theta decay is the biggest external factor.
TRACKING
$RKLB (shoutout creation)
