Pre Market MAY 14, 2025

Stocks are flat to slightly “greenish” in the Pre Market today

The radio DJ’s were just talking about how “The King of Country” George Straight is 73 and says he’s slowing down on his shows. Alan Jackson too, but Willie, good gawd almighty, Willie and Keith Richards are going to outlive us all

If stocks had a dynamic duo like Willie and Keith they would be
PLTR and SMCI

PLTR is more stable, but took a hit… Back in 1990 Willie got “Hit” by the IRS….. They seized everything he owned… So in true American fashion he put out an album titled “The IRS tapes, who’ll buy my stuff?” I love that man… lol….

SMCI is Keith Richards, train wreck that just won’t die

I’m not calling trends here, we are going for the safety play on the volatility they both have had as of late, and we want to capture it for all we can. For these 2 we are using Strangles for now, movement, all we want is movement up or down, and the bigger the move the better

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

SMCI
Strangle
MAY 30, 2025
Buy the 44 Put
Buy the 47 Call
MID is 6.94

PLTR
Strangle
MAY 30. 2025
Buy the 129 Put
Buy the 132 Call
MID is 11.98

Time to grind
The Options Coach