Sunday August 10, 2025

Hey Traders,

I’m stepping in early this week because the market is looking overbought and I believe we’re due for a correction. That means cash is king right now — giving us flexibility and dry powder to pounce on the right setups when they appear.

Why We’re Lightening Up

Overbought signals across key indices.

Taking partial profits keeps us nimble.

Allows room for previous winners to keep working.

Recent Mojo Winner in Action

✅ CLIK – from $0.30 → $0.50 right on target. Sold half with tight trailing stop and holding half looking for the next leg up.

Low-Risk Income Play – SQQQ Covered Calls

Here’s one I like for the current environment:

Buy SQQQ at $17.50 and under - see image

Sell the $18 Covered Call (25 days out Sept 5th Exp) for $.75 cents and more

Total return if called away: $.50 cents on stock + $.75 cents on option is $1.25 +7.14%

If not called, your cost basis drops to $16.75 and you can repeat the process for more premium.

Mojo Watchlist for Short-Term Pops

SOUN – breaking out and gaining momentum.

Select previous Mojo Swing Picks that are moving now.

Expect multiple alerts this week — not just Sunday. Be ready for mid-week updates (Tuesday, Thursday, etc.)

The Game Plan

Keep core positions on recent winners.

Stay heavy in cash until we see better risk/reward entries.

Use covered calls to generate steady returns while waiting for the next big swing.

Let’s stay nimble, take advantage of the market’s moves, and be ready to strike when opportunity knocks.

Trade smart,
ProTrader Mike
Founder – MOJO Day Trading

Disclaimer: MOJO Day Trading is a provider of stock market education. MOJO Day Trading is not a registered as an investment adviser either with the U.S. Securities and Exchange Commission or any other federal, governmental or regulatory authority. The business services and activities of MOJO Day Trading do not requires any such registrations. You understand and acknowledge that there is a very high degree of risk involved in trading securities. The Company, the authors, the publisher, and all affiliates of Company assume no responsibility or liability for your trading and investment results. It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable or that they will not result in losses. Past results of any individual trader or trading system published by Company are not indicative of future returns by that trader or system, and are not indicative of future returns which be realized by you. In addition, the indicators, strategies, columns, articles and all other features of Company's products (collectively, the "Information") are provided for informational and educational purposes only and should not be construed as investment advice. Examples presented are for educational purposes only. Such picks, alerts, set-ups are not solicitations of any order to buy or sell. Accordingly, you should not rely solely on the information in making any investment. Rather, you should use the Information only as a starting point for doing additional independent research in order to allow you to form your own opinion regarding investments. You should always check with your licensed financial advisor and tax advisor to determine the suitability of any investment. Any and all information discussed is for educational and informational purposes only and should not be considered tax, legal or investment advice. A referral to a stock, commodity, cryptocurrency is not an indication to buy or sell that stock, commodity or cryptocurrency.

MOJO Day Trading may publish testimonials or descriptions of past performance but these results are NOT typical, are not indicative of future results or performance, and are not intended to be a representation, warranty or guarantee that similar results will be obtained by you. Michael Rich’s experience with trading is not typical, nor is the experience of students featured in testimonials. They are experienced traders. Becoming an experienced trader takes hard work, dedication and a significant amount of time. Your results may differ materially from those expressed or utilized by MOJO Day Trading due to a number of factors. We do not track the typical results of our current or past students. As a provider of educational courses, we do not have access to the personal trading accounts or brokerage statements of our customers.

Please note: Hypothetical computer simulated performance results are believed to be accurately presented. However, they are not guaranteed as to accuracy or completeness and are subject to change without any notice. Hypothetical or simulated performance results have certain inherent limitations. Unlike an actual performance record, simulated results do not represent actual trading. Since, also, the trades have not actually been executed; the results may have been under or over compensated for the impact, if any, of certain market factors such as liquidity, slippage and commissions. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any portfolio will, or is likely to achieve profits or losses similar to those shown. All investments and trades carry risks.

If you do not agree with any term or provision of our Terms and Conditions you should not use our Site, Services, Content or Information. Please be advised that your continued use of the Site, Services, Content, or Information provided shall indicate your consent and agreement to our Terms and Conditions.  

Copyright (c) MOJO Day Trading, LLC. 2012-2025. All Rights Reserved. No part of this presentation, webinar or any of its contents may be reproduced, copied, modified or adapted.

This does not represent our full Disclaimer. Please read our complete disclaimer.