Do you know our stock that moved today?

If one is aware of what “Ground Hog Day” is then today should be reminiscent of that day after day drudgery… Yesterday we here at theoptionscoach.net spoke about the market being in stand still mode. It is, but it’s not…

We had some movement today in tech
NVDA + 3.3%
META +1.3%
AMD + 1.5%
We played META Options today, on and off day trading / scalping,
WE haven’t spoken about potential investment plays on META before and as it is trying to reach $600.00 it might be time, the Options are priced fairly. Later tonight I’ll take a look at how we can mitigate the price on it and create income generation with downside protection

CAT wow it is stuck like Chuck in a truck in the muck and the guck, yuck…….
CAT will need buyers to step in to advance it back up towards $400.00 again.

GEO 😁 
GEO is our friend, and it’s a really good friend right now
We plan on picking up more as it advances, ( if it advances )
Today we added to it with more Options and it’s doing very well for us
We are a fan of the OCT 11, 2024 13 / 15 Verticals
And for more advanced options traders the OCT 18, 2024 13 Blind Calls
This is one that the Market Makers won’t allow to go for long
The Options pricing is still in “fair value” range, for now
The OCT 11, 2024’s at the 13 hold a I.V. of only 45.86% and a Delta of 0.65
Roll those out one week and you have 47.04% and 0.46
We were “right place, right time” on this one……

Getting ready to go help a buddy of mine for a few hours after this. Of course the temps went back up to 91 and it’s all outside. That’s okay because after we’re done he’s taking me to go get Chinese. Not the cheap buffet by my house, but the good stuff out by his “fancee” house…
Stocks / Options, doesn’t matter, we are not fans just because they are “cheap” It’s the good ones, the ones that are strong, those are the ones that serve us the best. Tomorrow is another day

The Options Coach