Wednesday Special SEPT 3, 2025

Thanks to $GOOG ( ▲ 0.35% ) this is how the indexes did today
$DJIA ( ▼ 0.5% )  
$SPY ( ▼ 0.36% )  
$QQQ ( ▼ 0.02% )  

What type of movies do you like? I know I mentioned once before that I know every single word, line for line, of every mob / heist movie ever made
My friends think I have a bionic memory, I just like the movies
My all time favorites are:
The “Oceans 11, 12 and 13” trilogy
“The Godfather” trilogy
And “The Town”
“Casino~~ HEAT~~Reservoir Dogs~~The Untouchables~~ and even Alto Knights” all come real close….

But I’m also a big fan of trading movies
One that is an absolute must see for traders and investors both is “Margin Call”
“The Emergency Meeting” scene is the most well known and talked about from that film
But the “It’s just money” scene is the one we’re talking about here

In it Jeremy Irons plays the CEO of a Wall Street hedge fund
Kevin Spacey is its chief of traders
Jeremy Irons is trying to convince Kevin Spacey to stay on board after they ( the hedge fund ) just tanked the market by dumping everything they owned after realizing everything they had been buying would go south. Kevin Spacey’s character has a “coming of conscious” for what the firm had done… In this scene you’ll hear Jeremy Irons describe how they can’t control, stop or slow the markets. And how they can’t even slightly alter it
You will hear him say that “they just react”

That’s our approach here at theoptionscoach.net
We’re reactionary traders, we don’t try to outguess the market, The FED or anyone else

GOOG BLASTEDDDDDDDDD north today, it did so on news that the U.S. government wasn’t going to break it up as a monopoly

The news doesn’t sway us, how the markets react to it does
A lifetime ago when I very first started investing ( I was a swing trader for 3 years before ever doing a day trade ) the first chart pattern I ever learned was the Double Bottom
GOOG right now is 100% PERFECT text book definition of it
We want to see the right side lower leg slightly lower than the left
That is to “Shake out any remaining weak hands”
The “neckline” ( top blue dotted line) is breached WITH STRONG BUYING VOLUME

As I’m looking at this chart today I’m smiling sooooooooo big 😁 😁 😁 
This is taking me back to so many memories of all the work I did when I first started, and how it then paid off
I would spend 2 hours a night, every single night, tired, wore out, exhausted from working all day to looking for Double Bottoms on charts in a multitude of time frames
What we haven’t had yet is a pullback or a “handle”

It could be hard to digest trying to chase it here, a P.B. would offer some clarity for those that missed the move not wanting to enter on any hype

Options buying activity today went off the charts with many strikes seeing well over 300% increase of buying since yesterday.. The OCT 17, 2025 Calls are up 375%
The highest is for SEPT 19, 2025 at the 235 strike with a increase of buyers by 501%
The MID on those is currently $3.85
Going back to OCT 17, 2025, the 225 strike has an O.I. of over 22K
The MID on those is $12.85
GOOG reports earnings on OCT 28, 2025


Last week I asked you to share this with you investing friends, if any of you did thank you and if your new here thank you for joining us
Much to my dismay we are still not to the 21 needed for me to resume the free trades in depth with the easy to follow instructions

Tell your friends about us…. theoptionscoach.net 

The Options Coach