Pre Market FEB 20, 2025

Stocks are red in the Pre Market today

How did you rest last night? Does the extreme cold like we’re having alter that for you? It must of for me as I had the weirdest dream. I dreamt that jazz legend “Miles Davis” was my waiter and served us Beef Wellington….. First off I’m not a jazz fan, secondly I’ve never even tried Beef Wellington….. Hmmmn,,, time for some changes???

WMT got a big change this morning, it’s down 8% on earnings
We here at the optionscoach.net are going to make lemonade out of those lemons
WMT’s stock price is now down at the $96.00 area
Anyone remember what the price is at the bottom of WMT’s long term uptrend of a channel???? Yeppp, you are correct my intelligent investor friends, it’s the $96.00 area

We don’t buy on red or down days… Today could be the single exception to the rule
Should WMT begin to lift off of the $96.00 area and head north this is what we are looking at:::

I can’t share the MID prices as they haven’t been re-adjusted yet
If you do look for an entry remember we always buy at the MID price never above it
Blind Calls
MAR 21, 2025
95, 100’s and 105’s
APR 17, 2025
100, 105’s and the 110’s
It’s already bounced back over 1% here since I started writing

SMCI
Still in play with yesterdays mentions

The S+P 500 is at 6,130
Time to grind

The Options Coach