Pre Market OCT 23, 2025

Good morning traders, how are you today?
The market is down here in the PRE
$TSLA ( 0.0% ) and $IBM ( 0.0% ) didn’t help with their earnings
$DJI ( 0.0% )  
$SPY ( 0.0% )  
$QQQ ( 0.0% )  
$IWM ( 0.0% )  

How did you rest last night? Me, solid as a rock
Went to bed at X and didn’t get up or even turn until X
Last night I was wiped out, put a fork in me, I was done

A lot of traders are going to be feeling that way on TSLA today
Not us 😄 If you took Mondays 440 / 450 Strangle you should be very very deep ITM right now……. Feels good to get a victory without the stress of having to pick a direction doesn’t it? For any of you that took that play, congrats to you trader 😄 
This was a heck of a good trade………

You have 2 options here today
A: Close the trade take profits
B: IF a trader felt that TSLA was going to fall more and wanted to capitalize from that ::::::: Drop the long strike here, ride the short
The B option is risky here, very risky
C: (3rd option!!!) you could close half if you went the B option to minimize risk

$GM ( 0.0% ) its sitting still at the $67.00 area
Yesterday we highlighted it
Today we’re going there again


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 67 Call
Sell the 70 Call
The MID is 1.19
We’re simply dipping our tows into the water here as we wait to see if profit taking comes in

Time to grind
The Options Coach