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- Quick nightcap
Quick nightcap
Quick....

It’s late, lets get to it
If your new here welcome
The markets today
$DJI ( ▲ 0.11% )
$SPY ( ▼ 0.33% )
$QQQ ( ▼ 0.76% )
$IWM ( ▼ 1.44% )
Blood in the streets still
Futures are popping as we speak though
But it’s a long way until market opens
6300
6300 matters
Today the Puts on the S + P 500 for this coming Friday APR 2, 2026 were insanely heavy down at 6300
And the market makers got it
That was then, this is now
Do we bounce?
Will it hold?
Only time will tell
$GE ( ▼ 3.38% ) Boom Shakalaka…….
Yeah it sunk today, but we had Strangles, we entered them on Friday
Spoke about them again on Sunday
IFFFFFFFFFFFFFFFFFFFFF we get a bounce tomorrow traders should consider closing those for the current profits as they will have to gain a lot more if they are to go ITM on the long side. It could happen, but closing and then taking a fresh trade would most likely prove beneficial
We here at theoptionscoach.net are reactionary traders
We are in a overall downtrend
And aren’t taking any longs unless the market not only turns but proves itself
Get some rest, see you guys soon
The Options Coach
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