Pre Market DEC 9, 2025

Good morning traders, how are you today?
The markets are flat here in the Pre
$DJI ( ▼ 1.66% )  
$SPY ( ▼ 1.08% )  
$QQQ ( ▼ 1.91% )  
$IWM ( ▼ 1.53% )  

You guys know that I like rock and roll, especially 80’s style rock
I mean who doesn’t? It was only the greatest decade on earth of all time ever………
One of the all time “Favs” of that era ( and he’s still around ) is “Billy Idol”
Fun Fact 😁 True story 😁 
Billy Idols wifes / sister.. So Billy’s sister in law, that ladies cat groomer, follows me on social media…. No joke…… So if we ever need live entertainment I think we have a connection!!! 🤣 
Billy Idol never wanted to be a rock star, he fell into it
At 17 he and some buddies went a thrift store, bought some punk rock clothes and began making a band to make fun of the punk rockers in England. Idol wanted to be a comedian, that was his plan. Well they got a couple of gigs and thennn some record people saw them and asked to sign them… All by accident, and the rest is history

Yesterday I spoke about our $GOOG ( ▼ 1.01% ) trade that we highlighted here at theoptionscoach.net 
This is what I said:::::

Traders can get “confused” when the stock drops, they are making money on the short strike, then hope for the stock to drop more. NOOOOOO. Just NO….
The reason is we always pay more for the long call we bought than we collect with the short call we sold

THIS IS IMPORTANT:::::::::::::::::::::::::::::::::::::::::::::::::::::::::::
While its not a hard and fast rule for most it’s a “good practice” to take profits when / if that occurs. ESPECIALLY if you are newer to Options

So if we do a Bull Call Spread on XYZ at the 100
We buy the 100
We sell the 105
Then XYZ falls to $98.37
We may go ITM at that range where price is slightly below the long strike price
Again from yesterday:::
That is because of the premium we collected from selling the short strike
At that limited time ( if price drops hard then we will go OTM ) we can profit
Any time that happens we exit
It may not be the trade we wanted, but it allows us to trade another day

We’re letting the markets play out until FOMC tomorrow
If anything dramatic or note worthy occurs I’ll let you know

Its time to grind
The Options Coach