Pre Market NOV 6, 2024

Stocks are Greeeeeeeeeeeeeeeeeen here in the Pre Market
The election is over and the market is responding

You may recall how I shared once that it’s a commonly accepted amongst market participants that there are typically 10 trading days in a year that you can just throw a dart at the board and not miss. Today is looking to be one of those.

GEO wowwww we miss it!!! lol….
It was removed from our Model Portfolio and is up bigleee this morning by over 23%
For anyone that is still long congrats to you

TSLA is not normally a name that we play here at theoptionscoach.net due to it’s drastic swings. I try to steer investors into stocks with less volatility, it is also up this morning

CAT is now back in play ( I missed that one!! 😁 )
Until the market opens and adjusts we won’t have any prices to offer for our Options spreads
What does look viable at the moment are the 405 /410’s or the 405 / 415’s for DEC 20, 2024
Again with it’s 6% rise this morning we don’t know the Options prices yet

FIS is up 4%
AMZN is up 0.40% and above that $200.00 mark
GRMN is up 2.21%
HD is down 0.67% but was up 3% earlier, we will be looking for a bounce

Today is a go on all levels
Remember that earnings season is not 100% over yet so be sure to check before entering any new positions

S+P Support is has risen to 5,830
Time to grind

The Options Coach

Side Note:
I am still having a technical issue that is unresolved with photo sharing here
It’s on my end and will be working to hopefully resolve it today