Pre Market JUN 16, 2025

Stocks are rebounding this morning from last weeks slide
The belief is that the Iranian / Israel conflict will be short lived
That’s a drastic difference from when Israel stated just 4 days ago that the bombings won’t stop until “The threat is eliminated”

Tehran is showing not to be the uber powerhouse it was once believed to be
Lets all hope that the bombings stop from both sides

Combine that with tariff talks still being on the table and we get what?
The markets most undesirable aspect “ uncertainty”

This week is a short trading week
The markets will be closed this Thursday JUN 19, 2025 for “Juneteenth”
I don’t expect a big slowdown on Wednesday with people leaving town to prepare for it But we need to remain cognizant with our time frames
4th of July is just around the corner

Here at theoptionscoach.net 
We don’t chase stocks
We don’t go long if a stock is red
We buy at the MID price or better
We set STOPS and HONOR them

SPY is up almost 1% this morning placing it back above $600.00
Lets start off there

SPY
Strangles
JUN 20, 2025
Buy the 598 Call
Sell the 602 Call
MID price is 9.72

Willing to pay a little more for some extra protection?
A lot of extra protection actually , like a lotttt
JUL 18, 2025
Buy the 598 Call
Sell the 602 Call
MID price is 21.72

If the markets take off and run to the races we can always drop our short strike and ride the longs blind, By that time we would be ITM. Or we could keep both sides and let it grow. We’re implementing the Strangle strategy again right now simply because we don’t trust this market just yet. Plus its a strategy, we have a game plan in place here whether the market goes up or down

Side Note:
Yesterday right as I was about to wish everyone a Happy Fathers Day something came across my desk from my past life of when I was a cop. One of those “Are you being for real moments” lol…. They got the bad guy, made my day
So Happy Day After Fathers Day Everyone 😄 

Time to grind
The Options Coach