Pre Market NOV 5, 2025

Good morning traders how are you today?
$DJI ( ▼ 0.53% )  
$SPY ( ▼ 1.19% )  
$QQQ ( ▼ 2.03% )  
$IWM ( ▼ 1.73% )  

Did you ever see the movie “The Big Short”? If you haven’t you should
It is hands down one of the Top 5 stock trading movies ever made

One of the scenes towards the end is about real life character and famed short stake investor Dr Michael Burry… To many he’s an odd duck, but he’s emotionally unattached and data driven. At the end of the 2008 financial crisis his fund had a return of 489% or 2.69 Billion. The fund was created in 2000.. Talk about timing

I’m not in $PLTR ( ▼ 7.94% ) stock, it’s had great returns this year its just not one that I follow daily
You may of seen PLTR CEO Alex Carp railing against Dr Burry here lately due to Burry’s short in PLTR and $NVDA ( ▼ 3.96% ) both
Will either of those stocks fall here in November? I can’t say that….. November, one of if not the best month of the year for tech stocks,
$AMD ( ▼ 3.7% ) is down this morning on earnings
$SMCI ( ▼ 6.6% ) is down also

We here at theoptionscoach.net often use Strangles in times of uncertainty to capture gains. $TSLA ( ▼ 5.15% ) which I highlighted yesterday was “trickeee” to get in with the MID price we wanted but eventually got there

Over trading has been the death of many in this game
This morning we’re going to let things shake out or let the dust settle so to say
That doesn’t mean we are out, it means we’ll be watching for bounces, or more selling pressure, and then we’ll have out plays

Its time to grind
The Options Coach