Pre Market MAR 28, 2025

Stocks are mixed to slightly reddish in the Pre Market today

Physiologists tell us that the 3 most important muscles in the entire human body go like this:
1st: The Heart
2nd: The Lungs
3rd The Thighs

Volume is like our lungs…. We need them to breathe
Volume, this market is still waiting on Volume


APP bounced a little AH’s last night, this morning it’s up over 8%…. That doesn’t mean we look back and say “ OHhh should of held” noooooooo…… We don’t allow our winners to turn into losers and we don’t allow trades to become “investments” We’ll see what it does today before we think about possibly reentering. I’m sure you recall me saying “buyer beware” that one was like a quarter stick of dynamite, we knew this could happen

COST
It’s in a “Odd situation” We like the chart here still, yesterday gave us an entry signal, we took it, closed up green on the day, we bought for APR. Just like we will look at today, but going out to MAY? I did a deep dive, MAY is dog s—-t at best…..
Moral of the story is things may change, this is the stock market, just wait for the next wind gush, but as of right now if one takes a new trade in COST they should do so knowing that it could be a short term swing of no more than a few weeks. If that changes then great, but we don’t know what we don’t know
It’s not that we don’t like COST, it’s that the MAY Options aren’t there yet

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

APR 17, 2025
Bull Call Spreads
940 / 950 are 5.08 at the MID
Blind Calls
950’s are 14.95 at the MID
See the advantage of using Verts over Calls on high end stocks?
We like them both, but the Verts are far less out of pocket

Recent addition HWM is still around
It could be at a pivot point here
If you have a position in it protect any gains if it turns down

S+P 500 is at 5,671
Time to grind

The Options Coach