Weekly Recap! Who Topped the Leaderboard & How They Did It?

Moomoo Event joined discussion · Nov 3 02:39

The New Mystery rewards has been refreshed！Please read to the end to get the code and claim the rewards for free.

Hi Mooers!🎉

The Global Paper Trading Challenge is halfway through, but with the market always being full of surprises, nobody knows who will come out on top! And with numerous companies releasing earnings during this period, there’s still plenty of opportunity for competitors to turn things around. It’s not too late for you to join the competition and make your move!

➡️Join the Challenge Now

📢 Vote now: Earnings Season is Here!

While tech giants captured attention last week, the focus now shifts to these key sectors reporting now. Which of these earnings plays are you most bullish on, and why?

Vote on your earnings strategy below and drop your reasoning in the comments!

Earnings moves can be wild. Whatever your strategy, always manage your risk! Consider testing your views with paper trading.

Competition Overview

Week 3 wrapped with 50.82% of participants in the green! While nearly 2% of traders saw gains turn into losses compared to last week, remember that the heart of this challenge is continuous learning, practice, and growth. Don’t give up!

Here’s a look at the most-traded instruments last week:

TOP10 Trading Stocks: $NVIDIA (NVDA.US)$, $Tesla (TSLA.US)$, $Meta Platforms (META.US)$, $SoFi Technologies (SOFI.US)$, $Amazon (AMZN.US)$, $Strive (ASST.US)$, $Beyond Meat (BYND.US)$, $Advanced Micro Devices (AMD.US)$, $Palantir (PLTR.US)$, $Apple (AAPL.US)$

TOP10 Trading ETFs: $SPDR S&P 500 ETF (SPY.US)$, $Invesco QQQ Trust (QQQ.US)$, $SPDR Gold ETF (GLD.US)$, $ProShares UltraPro QQQ ETF (TQQQ.US)$, $Vanguard S&P 500 ETF (VOO.US)$, $Direxion Daily TSLA Bull 2X Shares (TSLL.US)$, $ProShares UltraPro Short QQQ ETF (SQQQ.US)$, $Direxion Daily Semiconductor Bull 3x Shares ETF (SOXL.US)$, $iShares Bitcoin Trust (IBIT.US)$, $Defiance Daily Target 2x Long OKLO ETF (OKLL.US)$

TOP10 Trading Options: $NVIDIA (NVDA.US)$, $SPDR S&P 500 ETF (SPY.US)$, $Tesla (TSLA.US)$, $Invesco QQQ Trust (QQQ.US)$, $S&P 500 Index (.SPX.US)$, $Meta Platforms (META.US)$, $Amazon (AMZN.US)$, $IBM Corp (IBM.US)$, $Advanced Micro Devices (AMD.US)$ , $Palantir (PLTR.US)$

🏆 Week 3 Top Performers

Here are the TOP3 users from different markets, each with a unique strategy and strong returns. A huge congratulations to them all!

@永远都要卖飞 @72569353 @国会山股神 @SureshAmmu @大猴的师父 @Diamond moo @Franzxzd @evan0926 @每天每夜making money @机智的雅蠛蝶 @Jx Tan2 @Joy Boy or Bringer @YuFeng @104182890 @观主

We warmly invite the TOP 3 traders from each market to share your success stories in the community — tell everyone how you achieved great returns! Your experience can inspire others and light the way for more participants.

Keep pushing forward! The competition is still on, and the global top three participants based on cumulative returns will receive：

- Global 1st Place: $10,000 in Cash Rewards

- Global 2nd Place: $3,000 in Cash Rewards

- Global 3rd Place: $1,000 in Cash Rewards

🏆 Winners will also receive an exclusive Moomoo x Nasdaq Championship Trophy!

The Winning Edge: Strategies of Top Traders

1. Betting on Earnings with Options

Last week, the market's profitability was relatively weak, but substantial gains could be made by betting on post-earnings stock price gaps up.

For example, @永远都要卖飞 from the Canadian market utilized a long call strategy on $Reddit (RDDT.US)$ following its earnings report. Before the earnings, they bought 109 contracts at a price of $12. The next day, after the earnings release, the stock gapped up, and the call option price rose to $21, at which point they sold, realizing a 75% profit.

Click here to learn more about Long Call>>>

1. Betting on a "Gap and Crap" Pattern Post-Earnings

Additionally, last week, some major blue-chip stocks exhibited a "gap up and then fade" pattern after their earnings releases. This sometimes led to a broader market intraday gap-up followed by a decline, creating profitable opportunities for long puts.

For example, on October 30, the post-earnings decline in the stock prices of $Microsoft (MSFT.US)$ and $Meta Platforms (META.US)$ led to an intraday pullback in the $S&P 500 Index (.SPX.US)$ .

@73152342 from the US repeatedly traded put options on $SPDR S&P 500 ETF (SPY.US)$ and $S&P 500 Index (.SPX.US)$ , generating considerable profits by buying low and selling high.

Click here to learn more about Long Put>>>

Mystery rewards refresh weekly!

Use the code "Earnings Season Trading" on the event page to claim your mystery reward!

➡️ Click here to view the Event Page

Rewards are limited and available on a first-come, first-served basis!

Weekly Recap! Who Topped the Leaderboard & How They Did It?

Let’s keep this energy going! Whether you rocked last week or you’re just warming up, remember—every trade is a new chance. Happy trading, mooers! Let’s make this week even bigger! 🚀

Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only. Read more