Green on the screen

green day

October 14, 2024

In case you were out of the office today and missed it the stock market had a pretty good day today. We here at theoptionscoach.net had an exceptional day

Last night when I sent out the list of how our stocks had done for the week I knew that I had forgotten one, I knew it about 3 seconds after I hit “send”

It was GEO…. We entered GEO 3 weeks ago I believe? Price has risen 20% since then. Our Options? Yeah they are all up over 300% now. We added more today. They report earnings on NOV 7, 2024…. This is one of those rare plays that it’s not unrealistic to think it will hit over 500 or 600% before it’s done….. At the time of our initial entry I shared a few trade ideas and that this one was poised to do well with Options. All of the metrics, the O.I., The Greeks, they were all aligned for success. Combine that with buying a fresh uptrend off of Support and you have a formula for success. I can’t say that I get to make that statement often. This one could rival our quadruple gains we had last month with CAT

CAT made an honest attempt at recovering from the pre market selloff it had
We added more Options and plan to tomorrow again if the stock remains stable here
This morning we played and got paid with the 390 / 395 Bull Call Spreads we took on dip
Tomorrow we will look at OCT 25, 2024 395 /400

The Options Coach


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guarantee of future success. I am NOT a licensed or registered financial advisor or tax accountant. Prior to making any trading / investing /  financial decisions you should always consult with your licensed and registered financial advisor and tax accountant. There are no recommendations or solicitations  to buy, sell or hold any stock, future, options or bonds, cryptocurrency or any other financial entity in this newsletter. Nor are there any recommendations on any type or way or method to trade / invest. You do not have permission to redistribute this newsletter without my written permission first. 

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