Special Edition Pre Market JAN 15, 2025

Stocks are green today in the Pre Market

Some how, some way, its not planned, just works out like this, most of the times I’ve done a “Special Edition” seems to be on a Wednesday….
Todays is good

Banks are reporting…
“The Breathing Dragon? Remember that little drawing??? 😁 
WFC is up 5.03%
GS +3.24%
JPM +1.33%

It’s early but lets get a workout on
PLNT
When I said that I had been watching it for a while I had. You may ask “Well Coach, the chart looks good, why didn’t you alert us?”
Good question my astute investor friends, it’s because the Liquidity in the Options was too low
It’s still not the worlds greatest but it is improving and a lot actually
One thing to note:
There are NO Options on it in MAR or April
That makes the FEB Options riskier for rolling

FEB 21, 2025
110 Blind Calls are 1.75 at the MID
Bull Call Spreads
105 / 110 $2.08 at the MID
105 / 115 $3.18 at the MID

MAY 16 2025
Blind Calls 120 $2.80 at the MID
Earnings FEB 25, 2025

CAT is back
Bull Call Spreads
375 / 380 $2.13 at the MID
375 / 385 $4.22 at the MID

HIGH RISK Blind Call
FEB 21, 2025
390 $7.30 at the MID

MAR 21, 2025
Bull Call Spreads
370 / 380 $4.93 at the MID
Blind Call
400 $7.50 at the MID
Earning is FEB 10, 2025

S+P Support is 5,775
We will be looking at post earnings plays soon
Time to grind

The Options Coach