Pre Market OCT 1, 2024

pre market

Everything is “eerily quite” here in the Pre Market today…
Maybe it’s because Halloween is sneaking up, or maybe because today is the first day of the 4th quarter, or maybe it’s because today is “National Taco Day” and Taco Bell is selling all tacos for just $1.00 all day. Scary thought, I know.

For those that are risk adverse we did enter into an unfamiliar name yesterday.. It’s GEO
This is a high risk trade and has ZERO DOWNSIDE PROTECTION

We bought Long Calls at:
OCT 04, 2024 at the 13 Strike
OCT 24, 2024 at the 13 Strike
OCT 24, 2024 at the 15 Strike
Again all of them VERY HIGH RISK proper management of the trade is crucial

GEO is flat here this morning with everything else pretty much

We are still on the hunt for some good income producing investments that offer strong downside protection. As this new quarter kicks off and earnings season approaches they will begin to emerge and we here at theoptionscoach.net will alert you when they do. Time to grind

The Options Coach

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