Weekly Recap, APR 6, 2025

How was your weekend? Do anything good? I did.. Did some hiking with some folks, cold, wet and dreary out but it felt really good….. A Doctor buddy of mine, he’s married, kids, 5 grandkids, he’s an ER doc actually, ( Remember that he’s a Dr ) came over and helped me do some stuff
Why did it matter that I said he’s a Dr? Like I tell him when he helps me, “Hey, Dr Doolittle Dude, 😆 if I get hurt don’t act surprised, just do something”
Hopefully if I ever got hurt he would do more than just something

Lots of investors got hurt this week, and it may not be over
And if it’s not, we need to be ready to “do something”
Right now these 2 charts of SPY, which is the ETF priced at One / Tenth of the S+P 500, are the most important charts that we can be looking at in my honest opinion
Right now, these are the Top 2 charts in my investing universe
I’ve not once ever, said that to you guys before

That chart offers a clear perspective of where we are. If we break south of the long term trend line the next area of support will be down at the 200 Day SMA which is the green line down below…. If we bounce, iffffffffffff we bounce, it could be a move that investors wanting to capitalize should be ready to “do something” for

The 2nd chart suggests that we may not be done yet, time will tell…

If you missed Friday afternoons edition of theoptionscoach.net this isn’t a victory lap
With Options, stocks don’t make us money, the strategies do
This is how we did last week during this massive selloff

This week we had 11 trades that we closed with over 100% profit
We had 6 trades that exceeded 300% in profits
Then we have this one, 637% 

With the levels of extreme volatility in the markets right now and prices changing my the micro second, I feel its best if I wait until tomorrow morning to share Mondays set ups
On a normal week no problem, right now, not so much
I can tell you that most likely we’ll be looking at the same names that we have used with our Strangle strategy. A new one to be added possibly will be PLTR
We may also go back to some big tech names, the reason for that is they could have big moves again, up or down
And we absolutely will be sticking with our proven strategy for now

The Options Coach