Pre Market OCT 3, 2025

Good morning traders
How are you today?

The indexes look like this
$DJI ( ▲ 0.17% )  
$SPY ( ▲ 0.12% )  
$QQQ ( ▲ 0.41% )  
$IWM ( ▲ 0.63% )  

If you read yesterday afternoons report you saw that I said I was going to start a new welding project for a buddy of mine and his wife. Well I didn’t even come close to getting it started. This is going to be a piece for their backyard, and it’s going to be cool

It’s a new piece, an original, so not one that I can’t just start on and get going, I need drawings, an outline
It doesn’t matter how many pieces I’ve welded in the past, this design is new, and its different

After yesterdays pullback on $TSLA ( ▼ 5.11% ) that’s what we need to do here, redesign our play
If your new here, welcome, we focus on Options, but the stocks we utilize can be used as straight stocks as well. We also talk about walking, welding, and a whole lot of other cool stuff 🙃 🙃 

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

TSLA
OCT 17, 2025
Buy the 437.5 Put
Buy the 442.5 Call
The MID is 36.60

As always with Strangles we need movement, either direction we don’t care
With TSLA’s pullback yesterday we could see a big recovery, or more downslide
A trader can drop which ever side of the trade that’s losing if they feel that a true direction has been established

$RDDT ( ▼ 0.83% )  is up here in the Pre, $META ( ▲ 1.35% ) and $GE ( ▼ 0.48% ) are both green’sh / flat
Yesterdays mention of GE is still good for today

It’s time to grind
The Options Coach

Side Note:
We lost a good one this week
Dr Jane Goodall passed away peacefully at the age of 91
Dr Goodall was an incredibly accomplished woman ( she was both an Anthropologist and a Primatologist )
One of Dr Goodalls greatest and favorite discoveries was how primates used tools in their daily lives, prior to that it was believed that only we humans did
It was about 2-3 weeks ago that she said that she was “near the end”
That statement from her allowed her fans to absorb the coming of this loss
Our condolences go out to her family and friends