Do you engage?

Markets had a good day today, that’s no secret to anyone. Green on the screen every where you look…. Unfortunately I can already tell you it wasn’t enough to go green on the week.
On the week TSLA is down almost 10% and others are not far behind
This morning I pretty much said “Buyer Beware”
Then came today 😁 
Was today the reversal we have been looking for? Maybe….
I did write just a few days ago about seeing Opportunity Opportunity Opportunity in multitudes of different areas of the market being made as we speak

Speaking of speaking ( no pun intended, well slight pun 😁 )
What’s something that irritates you, bugs you or just makes you simply disconnect from others? Is it their inability to engage and stay off of their phones while your talking?
That does it for me… I actually started reducing how much I share with others, even some that were once close friends because of their inability to engage without interruption
I’m not alone, that is becoming more of the norm these days
My thought is if you need to be talking or texting with someone else every 18 seconds rock on, maybe we’ll connect another day, maybe….
Yesterday a good buddy of mine came and got me to go to lunch
He’s of retirement age, married, kids, grandkids, and lives over 35 miles away, each way
One of the many things I like about our conversations is his ability to stay engaged, he does it well and intentionally does not allow interruptions, that allows us to have deeper conversations that are constructive, not superficial

The markets are the same way. The exact same way
Do we allow the “noise” to distort our objectives?
Or do we try to limit the noise and sometimes simply remove it by, well, removing it….
When we remove that noise, those distractions, think tv stories or someone’s OpEd, and instead go off of the one single thing that is irrefutable, Price Action, do we then begin to see a clearer picture? I know that I do….
I already shared that I made $5,514.00 one day while hiking on a mountain in South America 3 weeks ago. The ONLYYYYYYYYYYYYYY thing I could see was the Price Action. NOTHING ELSE………..

This is advantage number 474,890,513 Options have over stocks right now
( that’s a big number isn’t it!!! lol… )
Stock investors get a 2nd chance here too
But Options investors and traders not only get a 2nd chance, they get to do so AFTER the Greeks have been reset. I.V. is not a Greek, it’s a Metric, but it is now deflated allowing for larger percentage gains than before….. And at much, much, much cheaper prices

Today prices bounced up off of their recognized moving averages just as we spoke about this week here at theoptionscoach.net 

We took new positions today in these
AMZN
CRS
META
RDW
WMT

Love how Walmart is coming off the bottom of it’s box here, Options are strong too

Why not NVDA? Great question, no real reason other than it’s history shows anytime it gets above $140.00 the pullbacks are quick

We did try getting into COST today a few times in the way of Bull Call Spreads but could not get filled at the MID
COST is back in play and I’m looking at a variety of Options for it
We may employ some Calendar Spreads and collect Weekly Premium
Think about it, COST is now 15% away from its ATH
Do you know what that does for Options? Good stuff, dang darn good stuff

Today was a lot, it is going to take me some time but I am planning on putting together a Options Play List for next week that I will share on Sunday night
It takes time to get it all together the way that I do for you guys but it’s worth it

The Options Coach

Sidenote::
“Snowmegeddon 2025” is coming
If you are within it’s path, please, please, please be careful……..

REO Speedwagon… Ridin the storm out….. “Circa 1985” 😁 
https://youtu.be/U3gxdlf4g8w?si=w2_k8vvDbUfKoksy