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How did the market do today?
Well lets take a look
$DJIA ( ▼ 1.34% )
$SPY ( ▼ 0.79% )
$QQQ ( ▼ 0.84% )
Yesterday morning, and this morning both, I wrote about Iran / Israel
This morning I shared here at theoptionscoach.net how surprised I was yesterday with the markets opening green… It seemed insane to me to think that traders thought the conflict would be over in a minute… For those that falsely believed so, and then lost money today, sucks to be them. Because we didn’t
If you have money in the stock market right now this matters
That region of the world affects oil prices
Oil is in everything from your cars gas tank to ladies lipstick
https://youtu.be/fmbZwxEnAFc?si=jiCGLXZ1seQTRPIe
Not only did Israeli P.M. Netanyahu say that Israeli won’t stop “Until the threat is eliminated” as I shared this morning, he also said they were looking at assassinating the leader of Iran….
Does that sound like a “peace deal” to anyone here?
Makes me think the market makers simply forgot about Irans nuclear ambitions not to defend itself, but to destroy its neighbors, or just lost their minds
As stocks sank this afternoon I didn’t go “yeahhhhh!!! “
No, I simply said to myself, “this is why we go non-directional in volatile markets”
Those SPY Strangles from yesterday and today are both ITM now
Any more movement south and they will start gaining steam fast
A pop north would be welcomed too, it always is, and we got in at not only at the right place, but at the right time
The Options Coach

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