Pre Market MAR 26, 2025

Stocks are mixed to slightly green in the Pre Market today
But it is a little earlier than normal right now too

After Mondays giant leap north and yesterdays drops then pops, the Shorts are getting low on ammo> But so are the Longs…We may be stuck here for a minute or go range bound. Volume, what this market needs right now to drive prices up higher is some serious Volume

Lets make some lemonade out of lemons

We don’t buy long when a stock is red
We don’t chase stocks
We always buy at the MID or better
We set STOPS and HONOR them

JPM
They piled into it yesterday for APR 17, 2025
Lets start with the Blind Calls
That is bc we have an upward bias on it until the $257.00 area
JPM is proving itself as a consistent winner for us
Slow and steady wins the race here
Earnings are on APR 11, 2025
The 250s are 7.23 at the MID
The 255’s are 4.75 at the MID
Note Worthy is that the O.I. on the 255’s is more than double that of the 250’s
Both are strong, very strong, no concerns there for the 250’s
Bull Call Spreads
252.50 / 257.50 are 2.10 at the MID ( that’s not bad at all )
252.50 / 260 are 2.92 at the MID ( those are nice too )

Today at lunch time an old buddy from way back when is stopping by
We’re going to build something and catch up

Our old friend AMZN???
I think its time to catch up with it
APR 17, 2025
Bull Call Spreads
205 / 210 are 2.45 at the MID
205 / 215 are 4.17 at the MID
205 / 220 are 5.25 at the MID
Blind Calls
The 210’s are 4.03 at the MID
The 215’s are 2.31 at the MID
Those Strikes carry an O.I. of 23K and 22K respectively

 
SFM
We could see a small pullback before it moves higher
Or head fake and bust a move, either way we like it on the chart
This is stock only right now
The Options on it just aren’t there right now
They did build up some yesterday, they did, but it just doesn’t fit our 17 point Options check list again yet

APP is still with us
GE we are “cautiously optimistic” on, the Options are good, they are, but the chart looks like it might form a box here, or fake us out and go “To Da Moon”
NFLX is perking up

S+P 500 Support is at 5,750
Time to grind

The Options Coach

Side Note:
The DNA testing company known as 23 and Me for family genealogy is going bankrupt
They are then selling their data base with all of the users personal information
Selling to who? No one knows yet……
If you or someone you know did the 23 and Me tests your families personal info is now up for sale ( remember their warm and fuzzy tv commercials? )
If you wish to delete your history before its sold you can go to the 23 and Me website
Upper right hand corner, sign into your acct then click click settings
Go to the bottom of the page click view data
You can then either click to download and save your personal data, or request to delete it permanently