Pre Market APR 8, 2025

Stocks are ( wait for it ) green in the Pre Market today
Investors can start the day with a sigh of relief as this looks to be legit ( for now at least )

Is the bottom in? Maybe, technically on that 5 year chart we shared here at theoptionscoach.net on Sunday it appears to be so
But some lines on a chart are not a 100% guarantee of anything

I’m going to be a busy bee today, with stocks moving I intend to capitalize off of it and make as much money as I can today
Yesterday I left 4 different trades on the table
2 with COST
2 with SPY
That doesn’t mean 4 contracts, that means I placed them at different strikes
This morning all 4 of those should open green
I’ll add today and become very assertive with this move making yesterdays take look like small potatoes

Lets get to it
We don’t buy long when a stock is red
We don’t chase
We buy at the MID price or better
We set STOPS and HONOR them

THIS IS IMPORTTANT
Yesterday the Bid / Ask prices on Options got wider, a lot wider
And more expensive too
The Market Makers are trying to trap investors when that occurs
BE CAREFULLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLL
Say it with me, “In Options, pricing is everything”

Courtesy Reminder
Price stalling is the mortal enemy of Strangles
We want price movement here up or down

SPY
Strangle
APR 11 , 2025
517 / 520
24.37 at the MID
That spread is very tight since it’s short dated
If prices move outside of that range prior to entry then it’s a no
Prices are moving fast in the Pre Market today and could void this trade
The purpose of the short date is to capture volatility up or down

META
Strangle
( We may be switching back to Bull Call Spreads on this one soon, let’s hope that’s the case )
APR 17, 2025
530 / 540 are 47.17 at the MID

COST
Strangle
APR 17, 2025
920 / 930 are 59.30 at the MID

Wowwwwwww
Cost is moving right now this morning
That tells me those contracts that I carried from yesterday will start the day up very green today
We are fans of green

SFM is back in play also for stock investors and Options traders both

S+P 500 Support is 5,050
Time to grind

The Options Coach