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Good morning traders
If your new here welcome
The markets so far today
$DJI ( ▼ 0.73% )  
$SPY ( ▼ 0.36% )  
$QQQ ( ▼ 0.75% )  
$IWM ( ▼ 0.55% )  

What time of day do you work out? I like to get up and go do physically active stuff all throughout the day but my time of day for $PLNT ( ▲ 0.67% ) is either 10am’sh or more often 3pm

I’ve been going to PLNT for years, let me share the “gym times”
The 6:30 AM folks:::: Early birds, get in, get it done and get out
The 10 AM crowd ( luvv these dudes 😁 ) LOTSSSS of older retired folks…. LOTZZZZZZZZZZZZZ……. And funny / funny / funny……..
I call the dudes over 70 “Elmers” They will literally walk up to another Elmer on a machine, , while he’s working out, and just start talking…… lol….
“Do you know Bob Smith? Bob was my neighbor back in 19 Dickety Two and he used that machine once” ….. No joke, I’ve seen that
The 12 Noon crowd is a big mix of people
The 3pm, lots of “Mid-Age” guys / gals many are still lifting heavy, they’re die hard regulars
5sh or so, big mix again like noon
7pm, why do I do it to myself??? They are all ( 99%) gym bros / barely old enuff to drink, and still shouldn’t / never met a mirror or gym selfie they didn’t love

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We as investors need to be asking ourselves:::::
“Is this a good time to re-enter the stock market?

Yesterday we here at theoptionscoach.net shared a trade we wanted with $NVDA ( ▼ 1.34% )  
If you were able to get filled on the trade, good on ya trader, I had to adjust
The adjustment wasn’t much, I SOLD a 175 / 185 Strangle and not the 175 / 187.5

The reason I upper cased “sold” is that we are so used to buying, and creating a credit spread might be new for some here

Well this morning that trade is working well, very well actually 😁 😁 
Right now it’s up over 40%
My plan is if the trade stalls I’ll take profits somewhere between here and 50%
IFFFFFFFFFFFFFFFF it continues to grow I’ll ride it out
IFFFFFFFFFFFFFFF if it declines rapidly and looks like a possible loss I’ll exit

Our other friends today
$AMZN ( ▼ 0.59% ) This thing is just stuck down here
$CASY ( ▼ 0.23% ) Not now, not yet, new add on could be coming
$CAT ( ▼ 2.0% ) We like how it’s bouncing off its morning lows
$GE ( ▼ 3.84% ) Now resting at the blue line of Support we showed on Sunday
$GOOG ( ▼ 1.1% ) Hold
$HD ( ▼ 0.8% ) Sinking still, sellers have got to be getting wore out
$JPM ( ▼ 0.99% ) Hold
$WMT ( ▼ 0.87% ) Watching the $118.50 area for bounces, we’re close to that now


It’s time to grind
The Options Coach


I’m going to get out for a few and go hang out with my friends “Elmer and Elma”

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