Back in May, the tech sector was getting slammed… meanwhile, a lesser-known stock with quite the relevant name was set for takeoff.
We’re talking about Teck Resources, a mining and mineral development company based in Vancouver, Canada.
See, Teck Resources had been down in the dumps during 2020. Over that year, though, it slowly began rising.
Not enough to buy, but enough to catch our attention.
Come December of 2020, Teck entered a consolidation period where it hovered in the low $20 range. Still not buy-ready, but we were watching it ever more closely…
Until finally, in May, we saw the stock start upwards on a surge in volume. We had a great feeling the stock was going to continue upwards.
Sure enough, the stock was up 9.62% in two weeks. Not bad.
But even better: we bought Teck call options at $1.05/option that were up $2.25/option… or 114% in that same two weeks.
We sold half our options to lock in that 114% gain on May 17th. Two days later, the stock price dropped to $22.30 by May 25th. Good timing, eh?
But there’s more. We still had some options contracts left, of course. Didn’t want to sell them all in case of more gains later.
Volume data showed us the stock price would increase again within a few days, and we were right again.
The price jumped back up to $24.71 on May 28th, at which point we sold half our remaining options contracts at $1.32 for another 25% gain.
Guess what?
We just issued another trade alert using the exact same roadmap we used to book all the Teck profits…
So click here if you want more details about this roadmap and how you can use it to potentially profit off trades like this one.
Author: Anthony Speciale
Anthony Speciale Jr. Born and raised into a blue collar family in the suburbs of Northern New Jersey, I have in recent years put down the wrenches I’ve been turning for the better part of my entire life and have become a professional energy trader. My mother was a nurse practitioner and my father was an auto mechanic. I had literally watched both of my parents work endless hours with their hands throughout their entire lives and after loosing my mother at a young age to cancer, I had decided I wanted a different future than the path I was currently on. At a young age I was a struggling student who didn’t excel very well academically and college wasn’t really in the cards for me, but I was always a disciplined worker. When I had put my mind to something, there was nothing that was going to stop me from reaching and exceeding my goals I had set for myself. So, as life had evolved, so did my desire for freedom. It was never much about the money for me, but it was about the success and the freedom that accompanied that success. Over a decade ago, I decided to specialize in just one sector of the market. I knew that I only needed to be proficient at just one area of the market to achieve the goal I had set forth. Trade passively while producing massively. Well, that’s exactly what I did. After several years of failed attempts, endless education, trial and error - I had finally yielded myself the success and freedom I was desiring. After making myself over $1,000,000.00 trading this very method, it was time to share my success with those who also desire the freedom I did. After a lot of work, time, effort and sacrifice - Big Energy Profits went from merely a concept into a very real reality.