Pre Market MAR 24, 2025

Stocks are green here in the Pre Market today
Very very veryyyyy green

News that some tariffs may be held off has made the markets bounce and bounce big this morning
Do you remember before how I shared that’s its commonly agreed upon that the markets will see on average 10 days per year that everything is a absolute “Go”
Well so far this morning it appears to be that today could be one of those 10 days
Perhaps this time around “appearance” actually means something

Some of our old friends are now back in town
New addition APP is up well over 4.5% right now
META is up over 5%
SFM, remember SFM? Its up over 3%
AMZN and COST both are up over 2.5%
JPM is up over 1.35%

One time market darling and overall super stock NVDA is struggling to hold 1% here

APP lets go
Now just because everything is up so purteeee doesn’t mean we shouldn’t be watching for a pullback after the open, we wont know until we know

The Verts on APP are funky, so all we will do here for now is Blind Calls
There is no downside protection with Blind Calls so trade management is imperative
APR 17, 2025
The 330’s are 17.50 at the MID


META ( hello old friend 😃 )
Bull Call Spreads
APR 17, 2025
The 610 / 615’s are 1.90 at the MID ( that’s not bad a all )
The 610 / 620’s are 3.85 at the MID ( this is still fair value )

Blind Calls
APR 17, 2025
The 610’s are 16.70 at the MID
The 615’s are 14.80 at the MID

The names that we shared last night here at theoptionscoach.net are all good this morning, most of our “old friends” are too
If you do invest today do remember:
We never go long when a stock is red or on a down day
We do not chase stocks
We set STOPS and HONR them
We always buy at the MID price or better

S+P 500 Support is at 5,644
Time to grind

The Options Coach

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