Pre Market MAY 28, 2025

Stocks are flat’sh / mixed here in the Pre Market today

The entire stock investing world is on hold until after the bell when NVDA reports earnings
We all know that a stock like NVDA can make or break a market, or we could have like last quarter, a “nothing burger” and then the slow burn down

If your not familiar, a “nothing burger” is when something big is expected but then it falls flat. After NVDA did that last quarter its price sank slowly but steadily afterward, uhhggg

With that being said we as investors have a few choices:
First:: Just sit it out until we see how the market reacts to NVDA’s news, up, down or nothing
Second:: Not go directional, open up the bank book a little, and play Delta Neutral Strategies like Strangles or Straddles. We prefer Strangles ( they’re adjustable, Straddles are not )
Third: Stay with our Bullish overview of the market but invest with “cautious optimism”
By doing so we can go back to one of our beloved strategies “Bull Call Spreads”
They’re made for slight uptrends or when we have concerns of a pullback
Our earning potential is not as strong as with Strangles, but we don’t pay as much either and we don’t get “burned” if the stock falls flat

Seeing a theme? Different strategies for different markets

I wouldn’t be surprised if today is a slow moving day

Lets take the Big Dawg today until we know how the market reacts to NVDA’s report

SPY
Bull Call Spreads
JUN 6, 2025
Buy the 592 Call
Sell the 595 Call
Price is 1.58 at the MID ( That’s not bad at all )

For investors wanting a longer time span
JUN 20, 2025
Bull Call Spreads
Buy the 592 Call
Sell the 600 Call
Price is 3.67 at the MID
One thing to note is that the spread is a little wider
We are looking at that with time on our side

For investors with a strong bullish view that are willing to forgo any downside protection
Blind Calls
JUN 6, 2025
The 595’s are 4.91 at the MID

Time to grind
The Options Coach