It's a META'verse

META'verse

META…..Need we say more?
That comes as no surprise to readers of theoptionscoach.net as we have been following it for a few months and announced a proper entry when it was down at $555.00 bouncing off the bottom of it’s box
Like I said this morning, Options traders were counting on a Continuation, and they got it
META not only broke north of $600.00 but closed the day up 3.57% at $614.00 😁 😁 😁 
Stock investors were rewarded for their effort along with Options traders
Today in addition to the plays we already had I added the DEC 13, 2024 Calls at the 610 Strike
A higher risk trade yes, but the conviction was there as price crossed north of $600.00 with volume and additional Options buyers stepping in
That new position closed up 25.46% just for today
Tomorrow I will be looking at possibly adding more, will report on that in the morning

COST 😁 $870.00 is where we entered, today it rose up above $982.00
That $1000.00 mark is looking better every day
That’s not a bad run for such a short time
This is why I like higher dollar stocks, when they move, they move
Remember COST reports earnings on 12/ 12/ 2024
That’s a little over a week away

“J-Pow” speaks tomorrow, the jobs report comes out on Friday
I’m still working on the rebalance in the Model Portfolio
Lots of great stocks out there right now
Lots of money being made
Our greater concern is not losing money
We want to be diligent in our new picks as to not enter positions that are over extended
Plus we have some serious winners going on right now
If it’s not broke, why fix it?

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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