2021 2nd Half: Easy money with GOLD (GDXJ) and Silver (SILJ) Options, UFOs/Aliens!

Got the 3rd quarter outlook and a massive option suggestion for the 2nd half of 2021 from Betting Resource. If you are not familiar, these guys made a killing to their followers with options since 2020. I even posted some here...Blackberry and Root (those weren't even the big ones) compared the plays in 2020. Below is the copy paste of their email that was sent last week which covers his 3rd quarter outlook and as well as massive option play suggestion in Gold. The way he suggests is that by accumulating positions more than suggested so that you can cash out some positions early. When you do this, whatever you leave towards the target becomes risk free. He sometimes changes the target on the go to cash out early or hold longer for bigger than suggested target. Either way, if you accumulate positions with these plays, cannot go wrong. This guy has been spot with almost everything he called about the market since march 2020. He is not the best writer but the what he says is worth the listen if you like to make money in the market. It is not going to post the entire email in one post due to character limit, so check the next few posts. I will copy and paste in parts. 

Copy paste of part of Betting Resource's email.


2021 Gold/Silver 3 and 4 quarter
In the 3 quarter gold will start its next rally and should peak in the 4 quarter sometime in November. Many pundits have been calling Gold and Silver rally for the past 8 months without a timeline and without realizing how these metals consolidate. Unlike most equity, Gold and Silver are some of the few with quarterly option expiry which falls on the final day of March, June, September and July. The volume on these quarterly expiry has been very high throughout the year. In most cases investors can buy and sell these quarterly options as far as 1 year out. After the Pandemic crash, Gold and Silver rallied from mid march to Aug 7th. Last august billions worth of over priced calls were sold for expiry far as June 30th. Prices have been consolidating for these calls to expire worthless. Gold and Silver are currently at or near final phase of consolidation. Perhaps it could move few points lower between now and two weeks into July but if you want to go long, this is the right time to start accumulating your positions. Prices may or may not dip a little more between now and mid July but if it dips, everything would be gained back rapidly once it gets going later in July. There are many tickers associated with silver and gold for options but the best bang for the buck is with the SILJ and GDXJ since these funds focus on low market cap companies.

I expect Gold and Silver to take off soon after June 30th quarterly option expiry. There is a looming weak or two long overall market correction in July which may cause the metals to dip briefly but will bounce hard quickly. All the writings are on the wall for gold and silver to lift off soon after June 30 options expiry. Many who exited the cryptos will come into gold. Price may dance plus or minus few points from today's price from now to 1 or 2 weeks into July. Then it will fly until late august before consolidating for 2 weeks. There will be minor corrections along the way but each correction will be followed up with even bigger gain. Expect the biggest gains to happen between mid September to mid November. By mid November this rally should peak before the next consolidation process begins that could last a quarter or two or a year. Market makers will sell a lot of overpriced calls at the rally's peak and that is when we will cash most of our positions, but we will also buy extra positions to cash in early. Late November to mid December the price should bounce around the peak and should come down as the December 31th quarterly approaches.

In this rally gold should peak around $2500 to $2600 and silver around $45 to $50--possibly even a bit higher. I will focus on the SILJ and GDXJ tickers since they have the best upside for options.

My SILJ and GDXJ safe target for this rally before the year end is $35 and $95 respectively. Extreme target is $45 and $150. If $30 for SILJ and $80 for GDXJ are reached by 1st week of September, extreme target is very likely by November.

Below are my suggestions for options. Be sure to play the insurance plays as well. My suggestion is for 100 contracts but you can buy whatever you can afford. The insurance contracts are minimum recommended ratio for the 100 contracts. If you can afford, you can play the insurance at equal number of contracts. Between now and Mid July, it is possible that the price of these options could fall below my suggested bids, but don¡¯t wait for it. Instead start accumulating now at or better than suggested price, then add more to average down if prices go down.

Volatility on Options are highest during the 1st hour of the market day. You may see much higher bid prices for low quantity around this time. Leave your bid at suggested price instead of paying ask price. If it fills and if price falls, you can either add more to average down or simply wait for the take off in July. You shouldn¡¯t pay more than the suggested price for these options.

SILJ Nov 19'21 $23 Call. Suggested price: 50 cents or better. 100 contracts.
Cost of 100 contracts at 50 cents is $5000
Sell Target $10. Proceeds from selling 100 contracts at $10 is $100,000

GDXJ Nov 19'21 $70. Suggested Price: 50 cents or better. 100 contracts
Cost of 100 contracts at 50 cents is $5000
Sell Target $20. Proceeds from selling 100 contracts at $20 is $150,000
Note: Keep an eye on the $65 strike. If this comes anywhere close to 50 cents some time before mid july, it is highly recommended that you take positions by doubling up. This will present great opportunity to take profit early and ride the rest risk free to the target.

Early profit taking insurance:

SILJ Nov 19'21 $20 Call 80 cents or better. 50 contracts
Cost of 50 contracts at 80 is $4000
Sell Target $6. Proceeds from selling 50 contracts at $6 is $30,000

GDXJ Nov 19'21 $55 call $2.10 or better. 20 contracts.
Cost of 20 contracts at $2.10 is $4200
Sell Target $20. Proceeds from selling 20 contracts at $20 is $30,000

Note: If The price of these insurance plays falls by 50% before mid July, it is highly recommended that you double up here as well.
Overall in August and September there should many easy short term lotto options that are high risk high reward that we will play on individual companies not just related to metals but many other sectors. Stay tuned.

Overall Market Out Look for 2nd half of 2021 (3rd and 4th quarter)

I am bullish once again. The final phase of the 40 year bull market and the melt up phase will continue for the time being as we approach the next catalyst. The big recession is unlikely to begin this year. We should closely watch the actions of the feds and policies to monitor the situation for possible trigger in December or early 2022. Feds already moved down the rate hike target from 2024 for to 2023. They will probably move it down again in a few months. Eventually the catalyst that will trigger the recession can happen sometime in 2022 or 2023--before or after the mid term elections in USA. It can also be prolonged. Can't say exactly when until few months leading up to it. My quarterly updates will continue to monitor the situation. For the moment rapid economic expansion will continue. As we have seen in the history, rapid expansion will eventually end in recession but I am very bullish for the third and 4th quarter of 2021. There is however a looming correction by mid July that could last a few days to a week. June 30th quarterly options expiry is a big one and expect some erratic moves in many equity--It could be turbulent until mid July. For the next two quarters growth, tech, gold, silver, semiconductors should come out of consolidation and rally hard to new highs. For the main indices, Nasdaq will resume its rally from consolidation for multiple new highs. Each mini correction will be followed up with new high. August through November is going to present insanely good opportunities to make money with options. I will cover some very good plays for you guys, stay tuned!

In previous outlooks I mentioned that cybersecurity/hacking to play a big role during the next catalyst like the virus played in the previous flash crash in march 2020. When the real crash begins, the recession period should last 1 to few years. In the past, big wars were used to come out of recession. But now the elites' portfolios are far more diverse rather than depending only on certain sectors. Therefore, big scale real wars are not good news for them in a consumer driven global economy; invisible wars like pandemic, cyber pandemic etc are far better. One important thing to keep an eye on is aliens/ufo and how it will play out since it is perfect for invisible war. Don't worry, we do not have any real threats from aliens anytime soon. If you hear about any threats, it will be made up. Based on how things are brewing in the policies and in the world economic forum, there is a very good possibility that the population could be made to believe that there are potential alien attacks/threats--it will all be manufactured by humans if it happens. This will be much easier to pull off than the pandemic. Population will not have much resource in this regard and they will have to rely on so called experts.

Many wondered why the declassification of ufo files were included in the covid relief bills last year and questioned what it has to do with the pandemic¡ªwell, it has everything to do with the economy. When the declassification of the files happen, they will leave things vague and will not deny or confirm alien/ufo existence or visitation--naturally the talking heads will control the narrative both ways and eventually one side will get stronger as people are conditioned. As an investor, all you need to remember is that all blurry videos or so called potential evidence in the files are all military or scientific experiments/activities but what matters for your portfolio is public perception. If the majority of the public are convinced that there is potential alien threat, as investors we could make a lot of money during the recession buy picking up the right stocks and options. If they do not straight up deny aliens/ufo's in the declassification process, they are opening a new can of worms with some future incidents such as attacks on communication or other satellites, space stations etc that can be blamed on unknown forces. Space is getting crowded with new satellites and there are many new older satellites that are disposable to replace with new ones. Intentional destruction of those satellites can be narrated to the population as something else. Creating panic among the gullible social media/msm starving population is very easy by cutting off communication channels briefly to blame the aliens. This may seem far stretched but all the writings are on the wall for potential (manufactured) alien threats. Since the pandemic started, numerous SPACE related ETFs and companies have been started and a lot of big money is flowing into them just like how new PHARMA/Vaccine companies/etfs were started in 2018 and 2019 leading up to the pandemic. This doesn't mean you should put your money into all these new things that are popping up. If the catalyst begins and if the narrative takes shape, we will pick some names to invest just like we did with novavax and moderna for the vaccines in march 2020. For now, we will simply monitor the situation. When/if the time comes, we will strike. This can have a combined effect with the cyber security issues and the commodity boom cycle that I covered in the previous outlooks.

As for near term, there is going to be great opportunity with options in the next quarters. First half of this year didn't present many opportunities due to many sectors consolidating as value stocks was in the driving seat. Those consolidating sectors will now take the driver seat for the second half of the year.

Kind Regards,
Betting Resource

Thanks for posting that information for people to read. It was lots of talk and pretty much gold/silver were the only plays listed. I dont get how they can say there is no recession or risk of market dropping but that gold and silver will go up. I dont see gold and silver going up without a drop in other asset groups to motivate the move to those safer haven positions. If it is risk on then inflation will not be a concern because for the market inflation is a massive risk off prop due to that being the sole driving factor in the FED changing monetary policy and the FED is the only high risk factor that can stop the market.

One other comment on this topic...

Overlay gold and silver with these and tell me how these guys can think if gold goes to 2500 the juniors would go 85-90? For those 70 options to be worth 20 that would mean between 85 and 90, similar metric for silver. When gold went over 2k the juniors hit 43 on the high, and if you pull up a chart on the two (the commodity vs juniors) it tracks within a reasonable buffer sometimes like now it is compressing but still within a buffer. I would say that based on past trading comparisons if gold hit 2500 in 4 months (thats almost a 50% move) this thing would go to 60-65 maybe..and those options depending on how quick it got there would go to 3-5 bucks at max if time was still reasonable. I dont see how given the historic comparison between gold and these that you could think it would move to 85 to 90 even if gold hits 2500...and within 4 months.

These are pure flush money gambling plays..tell me you are tossing 5k on either one, I would be curious.

All i can tell you is that I have been following these guys market outlook and plays since 2020 march and they have been spot on with everything they called. Their quarterly previews are very accurate calling every correction. Their options that are with expiry more than 3 months have been all been very profitable. They also play of high risk high reward options with short term expiry where some wont hit but those that hits, hits big. With those short term  out of the money option you need to know how cash out your positions in ladder style. If you hold all your positions to expiry, they will expire worthless. Its basically volatility trading.

I am not sure if you have read his past quarterly previews. These quarterly previews that he does are short term 3 to 6 months into the future. He is bullish for the rest of the year but says there will be corrections including one in July before the market continues the melt up. These corrections are not the start of recession. He is predicting a big recession with a bear market that is going to last 1 to few years but from this quarterly outlook it is safe to assume that it is not going to start this year. This preview is mainly the next two quarters. He has been talking about this big recession and a bear market and the next catalyst in every one of these previews and these updates gives us a better timeline. 

His previews are much better than msm and social meda behavior manipulation campaigns. This weekend social media and msm pumped me headlines of massive crashes and this and that. It is to convince the unsuspecting retail investors that the recession is here and make them go full bear during the minor correction that betting resource predicted. 

When gold peaked in the last rally in August, GDXJ peaked at around 65. If gold goes to new highs of 2400 to 2500 in the new rally that he is predicting, GDXJ will easily climb past august peak of $65. If you look at the long term chart, there isn't much resistance until $100 or so once it breaches $65 again.

His target is not set in stone. He advises on taking profit as we go. Often time with these options, you can sell these options at peak volatility during a multiple day rally, then buy the same positions back for half the price when it consolidates. With this type of options that are semi long term he continuously advices to accumulate position if the prices of the option falls with in few weeks of the suggested play. Then when there is a rally, the option premiums spike very fast. Around that time you let go up some positions little by little and you will already be in good profit. By the time you are chasing the target or past the target, it is usually risk free money since you would have already raked a lot of profit. His timing is very good on getting in and getting out and when to hold. When there is a 1 week rally, lets say from 55 to 65, those $70 calls will go for over $5 or even higher during the volatility. You need to cash out during those high volatility periods.

On the GLDX i already have nearly 10k risked. I even added on $65 strike. I will continue to add if at lower strikes if i can get for 75 cents or less. These extra accumulation are not meant to be held until target is reached. It is for early profit taking. Based on my experience with this guys options plays over the past year or so, I am near 100% certain that I will at least be able to cash out these positions at at least 300%. 

I am still waiting for the silver order fully fill. I am having hard time getting that at suggested price. I am hoping it fills next week. I won't play more than the suggested contracts on silj. But i will be heavy on gold. All the money that i am risking is house money. 

I remember that you commenting in the ROOT thread and saying something along the same lines that it is gambling. Yes, that was more of a gamble. He even advises those plays as lottos. But this is play is money maker play, which means you will have plenty opportunity to take profit well before the expiry. 

Just test it for fun. Buy 2 contracts. 1 to cash out profit around august. and the other to hold till early November and see for yourself to use it as learning experience. Friday, those 70 calls went slightly before the suggested bid. So if you put in an order for two contracts it should fill by monday afternoon. 2 contracts will cost you less than $100 at below the suggested bid of 50 cents. 

Those are the main big plays so far. He doesn't pump plays everyday. He sends as we go. Doesn't send all the plays at the beginning of the quarter. He times the buys depending on the stock. Certain plays he personalizes for the bankroll you are working with. People play with different bankroll and based on the bankroll you can play big stocks or small stocks. Its not advisable to post the personalized plays to public boards because certain stock's options don't have much volume and you don't want everyone lining up to buy.

But bigger plays like this one with higher volume, its better if lot of ppl get in because when the rally happens it will create even bigger upswing if many of the calls sold were on margin. Those guys who sold the calls will be forced to buy the shares and it can create squeeze up in prizes. 

Btw, there is a typo in the email that i copied at pasted with the arithmetic. He sent the correction soon after posting that in the newsletter but i forgot to make the correction when i copied and pasted. 

In both GDXJ plays the proceeds are incorrect. Proceeds from selling 100 contracts at $20 is 200k, not 150k.

And on the insurance play instead of 30k it should read 40k.

Yeah what I am saying is pull up a chart on Gold then do an overlay on the gold junior and do the math. The high was 65 as you say and that is with gold at 2050 or so, and the claim of 2500 is another 20 percent from there...so that would max out the junior at 75 or so maybe 80 but not nearly enough to net 20 on the option...the strike of 70 would mean the junior would need to be near 90, once it gets in the money much past 10 it will just go dollar for dollar with no extra fluff. So how can you see 85-90 with a 20% move over the previous level on gold when the two trade in a range tandem? 

If this were a year time maybe but four months? They think gold will rally 50% in four months? And also without a correlative market correction? If gold rallies like that the stock market is crashing, no other way it happens and if the market crashes the juniors will come in as well and the chart correlation will compress...like it has before.

Just go to yahoo finance click on gold the commodity and add a compare with the junior symbol..then see what 2500 gold does with that correlation, it no way means 90 on the junior.

@wallstreetcappers

 I don't know man. I follow them blindly and it works. You can't compare the overlays like that. Lot of things have happened way off over the last 12 months and this is possible too.

His targets and predictions may not go his exact call but if he predicted that then we will see new highs. Maybe it will come short of his 2500 target and go to 2200 or 2300. Either way those options will be profitable. His sell target is the max potential. We will be taking profit way before that.

Like i said before, you don't hold all your positions for the target to hit. You need to trade the volatility. That $70 call can fetch $5 to $8 if GLDJ rallies to $65 if you sell at timely manner during the rally. You don't need to wait till $75 or $78 to sell at $5 or $8.  If you accumulate those suggested positions, you will have plenty off opportunity to cash out profit well before the strike of $70 is reached. The positions that you will be letting it ride to the $20 sell target will be risk free once you have taken profit. 

yeah its down to 40 cents today on those 70s and 65 cents ask on the 65s

I am hoping my bid of 50 cents for 65 strike would fill. I rather do that that average down on the 70 strike, i think $5 margin in the strike presents much better profit than the 10 to 20 cents that would save by playing the 70 strike. i am already picked up 100 contracts at 50 cents for the 70 strike when i got the email.  he doesn't expect the price of this ticker to go up until after mid july. 

he had a great short term lotto suggestion on VIAC july 16'21 $50 call at suggested bid of 50 cents this morning. window to fill this was less than 20 minutes. it bounced around between 48 and 50 cents for about 20 minutes in the morning before taking off. he thinks viac will gap up to and touch 52is sometime around (+/- few days) june 30th) or on june 30th. if you like to gamble you can try to get 50 call for july 9th expiry for 50 cents if its available tomorrow morning because expects all price action to happen between now and before next week, next monday  latest.  

Thats a wonky ticker, part of the group from WSB of course and yeah that early open dip did not last long. I would not be surprised that it comes back a bit, I will keep an eye on it and see. Those OTM lottos are very risky, I am also watching the gold juniors you mentioned but to get your 50 cents it would take another buck down on the group and maybe that can happen. If it drops a buck it might be worth pushing out to the Jan strike that gives you another two months.

I am holding 100 contracts 70 strike at 50 cents. Another 100 at 65 strike 50 cents. have another 100 pending at 50 cents to buy for 60 strike. I think last week and possibly next week will be the final chance to buy these cheap. The 70 strikes are down to around 20 cents!

Strategy that I will use is to sell the 70 strike as soon as it hits $1.50. This will make the other 200 contracts risk free. I will look to sell the $65 strike at $3 to lock in 30k profit and hold the 60 strike to sell half for $10 and the other half for $20. 

I hope the 60 strike fills early next week before the metals starts up trend. The 60 strike was close to 50 cents on on Friday but didn't reach it...i lets hope it reaches there before the uptrend starts. 

Been watching those and I bought a few, its been brutal honestly...the juniors are a buck or so away from 52 week lows it will take a move like we havent seen to get where you are thinking.

The other issue is that the price of gold is not really going to move this in the short term, those companies are locked into forward contracts and their production is sold LONG ago, so for them to reap the move in gold it has to either be a MASSIVE move or an extended move...that is how they will be able to lock in profits and then stock appreciation...higher extended pricing then they lock in better forwards terms and their stocks go up. Even if gold goes to 2250 in a month I dont think these juniors are going to start flying...

Oh and that Viacom trade they called was trash, burn that money it was never in play.

That was because you were late. It was a small high risk high reward play if it pays off and was played risk free. Adviced contracts went up little over 100% after advising and they advised to cash our half the positions making the other half that we held completely risk free. I guess you didn't read my accompanying comment.  Those high risk high reward short term plays are not their  main plays even though they also cash and those that don't cash big are managed properly to be risk free. 

Just wait for gold. I have 100 contracts at 60 strike, 65 strike and 70 strike...all bought at 50 cents. 15k risked. Just like they advised i kept playing the lower strikes as the price of the contract fell. Watch all of them go well past the 50 cents. I have sell order for 70 strike at $1...by then 65 and 60 strike will be $3 to 5 allowing me to liquidate the 65 strike too and that will already make the trade very profitable and I will hold 65 strike longer  risk free. I also have that overpriced insurance play which should also bring in money.