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Today everyone made money. The bulls, the bears (if they were quick), and everyone in between. Today was strong, very strong
First off yesterday a reader reached out to me asking if I could take a look at UBER. The case for it was fathomable. I entered and then exited before the close. Silly me. This morning after it opened up 5.5% it then pulled back 1% to 4.5% I entered again. Still holding now. UBER would advance 6% more on the day closing up over 10.7%
Our Options on it for next Friday are up exactly 75.00%…. Should UBER hit the $100.00 mark that percentage will increase dramatically. This weekend I’ll take a look at what we can possibly do with it for new entries and report back on Sunday night
CAT, we placed a few new trades today and I’ll report on those Sunday night as well
SFM busted a move marching north almost 3%
JPM ( if your new this isn’t one of ours, it just started earnings season ) big day for banks, it closed up over 4%
TSLA sank like a rock ( Whewwww not one of ours either!! )
NVDA is stuck here at this $135.00 area but the Options buyers are still there. 140 is “The Magnet” that price is not unfathomable, but Options buyers like it at 145 also and even up to 150 here in the next month. It’s going to need some Volume to push it higher, but this thing is setting up for a moon launch should it take off.
S+P 500, congrats on breaking north of 5,800 for the first time ever!!!
Wow and the DOW added 400 points today also
Be back on Sunday night
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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