Pre Market NOV 12, 2025

Good morning traders, how are you today?
The markets are green here in the Pre
Tech is up on remarks from the CEO of $AMD ( ▼ 2.65% )  
$DJI ( ▲ 1.18% )  
$SPY ( ▲ 0.23% )  
$QQQ ( ▼ 0.27% )  
$IWM ( ▲ 0.09% )  

Last night I had dinner with a buddy of mine, we were talking about mistakes humans make
Just a few years ago I was a “fly on the wall” and was privy to a business discussion
There was a very well known / loved restaurant / that was a Kansas City landmark that closed
It wasn’t from covid, the restaurant was generational, and all of them enjoyed gambling
They spent / lost, all of their wealth
Back to last night, my buddies - buddy sold his company 10 years ago
He made 16 Million profit on it. His goal wasn’t to retire, but to get on t.v. as one of those online poker stars. He studied the game, played in tournaments, turned that 16M into 25M
Wowww, that’s good….. But now it’s gone, all of it…

Do you think that’s just poker players? Or do you think that can happen in the stock market too?

A month ago I talked about this, please allow me to share it again::::::::::::::::::
Pre Covid buying Calls or Puts ~only~ was considered for starting / new traders
You learned Trade Management in the way of doing multi legged spreads and then advanced
You won’t get rich quick doing Bull Call Spreads, but you won’t blow up your acct either
What did “Uncle Warren” tell us?
Rule #1 Don’t lose money
Rule #2 Go see Rule #1

If the market or a stock is skyrocketing north then of course it can be advantageous to take on more risk and place some trades Naked or Blind
But all of them, all of them? Seriously? That’s how accts get blown up, maybe not every acct, not saying that, but many of them

The stock market is the biggest casino in the world, but we aren’t trying to give them all of our money 🙃 

Our old friend $NVDA ( ▼ 2.96% ) is rising, right now price is 196.06


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

Bull Call Spreads for NOV 21, 2025
Buy the 195 Call
Sell the 200 Call
The MID is 2.10

That one is set up to be a get it, get it done and get out
Want a little more upside potential?
Ratio Spreads
Buy 3 NOV 21 2025 Calls
Sell 2 NOV 21 2025 Calls
The MID is 11.45
Ratio spreads are more advanced
3 to 2 like we are doing here are reduced risk
If a trader wanted more risk / reward then adjust from the 3 by 2 / they would do the 2 by 1

THIS IS IMPORTANT One of the advantage of using spreads is that if our stock slips as long as it doesn’t fall below the amount we have in debit we can still profit
If all we do is buy Blind calls, and the stock slips, then we have to wait for the stock to rise again…… tick toc … tick toc… tick toc……. 😂 

It’s time to grind
The Options Coach

https://youtu.be/lexhv8MaXQ8?si=slmdGwukJZ8vbviO