Are they all sick?

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Hey traders, how are you today?
If your new here welcome
The markets today
$DJI ( ▼ 2.27% )  
$SPY ( ▼ 0.42% )  
$QQQ ( ▼ 0.32% )  
$IWM ( ▼ 0.48% )  

This morning I was “the driver” for a buddy of mine
He was having some minor testing at a local hospital, nothing big, but he needed a driver just in case he was dizzy afterwards

As we entered I saw one “Bob” and thought “wow, he doesn’t look good
Then another Bob, and I thought “I wonder what’s up with him?”
Then there was this one Bob, and I said to myself “Dang, I hope ol Bob makes it!”
Sick people go to the hospital, and not all of them survive

Stocks are no different, and a lot of them are sick right now
Our rules state that we don’t go Long if a stock is having a red day

Here at theoptionscoach.net
We don’t chase stocks
We don’t go long if a stock is red
We buy at the MID price or better
We set STOPS and HONOR them

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$CAT ( ▼ 0.7% )  On Monday we entered with Strangles
That trade right now is green, but not by much
If price stalls here we won’t waste time and allow Theta to erode
We’ll exit while we can, and not when we have too
Now should CAT make a BIG move in either direction that would be different

Here’s what I’m watching for::::
Price to rise above $715.00 and hold that line
If CAT does that we’ll be looking at Bull Call Spreads for APR 17, 2026
Most likely that trade will be:
Buy the 715 Call
Sell the 730 Call
That could change if CAT unexpectedly shot north for some reason
I looked at the 740 Calls but with this current market we’re going with better safe than sorry
Right now we don’t know what the MID price would be until it hits above $715.00

Trader Tip of the Day:::::
Stay out of the hospital!!!!!!!!!!!!!!!!!

Its time to grind
The Options Coach