Pre Market JUN 17, 2025

Stocks are reddish in the Pre Market today

POTUS left the G7 summit early last night to attend an emergency meeting with his advisers over the bombings in Iran. He also tweeted that everyone in Tehran should leave immediately….

The markets aren’t in panic mode. Just some pullback from yesterdays gains, traders were looking for an advancement and they’re not getting it yet

Volatility, stocks hate it, Options investors can make their investing dreams come true with it. If they utilize the right strategies at the right time

Part of the reason we went back to using Strangles only for now is that yesterday morning didn’t make sense to me…
In 1979 I was 14… I remember the 52 Americans that were taken hostage at the U.S. embassy in Iran
I remember their student protests and wanting to kill the hostages
Maybe your like me, and you remember “Iran Contra”
Yesterday when markets went green I was like “what??” this isn’t over
Israeli Prime Minister Netanyahu had just said “The bombings will continue until the threat is eliminated”
In the military that’s referred to as “Peace through superior firepower”
But we don’t argue with the markets, we go with the flow

Yesterdays plays on SPY were the right move
And they will continue to be today

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
Strangles
JUL 18 2025
BUY the 598 Call
Sell the 602 Call
MID price is 20.02

This next one is going to be a little more conservative
It will cost less but it will take larger movement to pay off
JUL 18, 2025
Buy the 595 Call
Sell the 605 Call
The MID is 17.32

Time to grind
The Options Coach