We're not overstaying

Hey traders how are you today?
If your new here welcome
The markets
$DJI ( ▼ 1.01% )  
$SPY ( ▼ 1.16% )  
$QQQ ( ▼ 0.98% )  
$IWM ( ▼ 2.23% )  

Are you familiar with actor Mickey Rourke? He was a household name decades ago, now not so much. You may of seen lately how Mr Rourke has wound up evicted from his luxury home in California. That’s nothing that I make light of, not in any way, shape or form. I was homeless after my divorce many many many years ago, and I don’t wish that on anyone. No family bailout, worked my ass off for my comeback story
Well Mr Rourke isn’t anyone that has ever inspired me, or I’ve ever admired
He’s always been very unappreciative. How he got to this point is simple
First off many in life find that the money they once made isn’t always the money they’re making now
Second, this is rough, he told his agent and everyone else that he wouldn’t work for under 25 Million on any project… He got offers for projects, but nothing close to 25 Million

I don’t know all of you personally, but I’m willing to bet that you wouldn’t pay a plumber $10,000.00 just to unclog a drain. Last time I needed that it cost $95.00

Unless we’re the only game in town we have to be realistic and not price ourselves out of things, stocks are no different

$CAT ( ▼ 3.01% ) That Strangle we took on Monday is purteeeeeeeeeeeeeeee today
Yesterday I said we wanted Bull Call Spreads if it crossed north of $715.00 and held the line
Well it didn’t, it fell, and our Strangles are getting paid….. Maybe not 25 Million like we want, but we’re now getting paid…. I’ve always said we do not care which direction the stock goes, we only want movement…. If you took that trade congrats to you trader, congrats to you 😁 😁 
Today is only the 2nd time since Spring of 2025 that CAT has gone south of its 50 Day SMA. Could it sink further and pay us more? Possibly, could…. But a bird in the hand beats 2 in the bush and prudent traders should consider taking profits in at least ½ here

Everyone else today
$AMZN ( ▼ 0.76% )  
$CASY ( ▼ 1.59% )  
$COST ( ▼ 0.06% )  
$GE ( ▼ 4.92% )  
$GOOG ( ▼ 1.53% )  
$HD ( ▼ 1.55% )  
$JPM ( ▼ 2.4% )  
$NVDA ( ▼ 1.83% )  
$WMT ( ▼ 0.45% )  

Its time to grind
The Options Coach