Saturday Trades Wednesday Update 9/6/2023
Markets mixed, price action looks better
Markets were mixed on Tuesday on light volume. However, it appeared to be busier which is an indication the price action is coming back.
We will continue to be cautious as we wait for the opportunity to become more aggressive. If patient it will be our time soon
TWLO, GOOGL filled. You can work ORCL and ROKU today
Roll SPY, QQQ, to Thursday, IWM to Friday
TWLO – Buy to close 1 September 8th 68/62 Strangle/Sell to Open 1 September 15th 68/62 Strangle Credit .90
GOOGL – Buy to close 1 September 8th 138/132 Strangle/Sell to Open 1 September 15th 138/132 Strangle Credit 1.41
NVDA – Buy to close 1 September 8th 480/440 Strangle/Sell to Open 1 September 15th 480/440 Strangle Credit 7.00 (this will close the trade)
AAPL – Buy to close 1 September 8th 180/175 Strangle/Sell to Open 1 September 15th 180/175 Strangle Credit 1.14
GLD – Buy to close 1 September 8th 181/179 Strangle/Sell to Open 1 September 15th 181/179 Strangle Credit 1.00
DIA – Buy to close 1 September 8th 359/351 Strangle/Sell to Open 1 September 15th 359/351 Strangle Credit 1.78
ZM – Buy to close 1 September 8th 74/71 Strangle/Sell to Open 1 September 15th 74/71 Strangle Credit 1.74
TSLA – Buy to close 1 September 8th 252.5/232.5 Strangle/Sell to Open 1 September 15th 253.33/232.5 Strangle Credit 4.40 ***
COIN – Buy to close 1 September 8th 85/75 Strangle/Sell to Open 1 September 15th 85/75 Strangle Credit 2.00 (this will close the trade)
GME – Buy to close 1 September 8th 19/18 Strangle/Sell to Open 1 September 15th 19/18 Strangle Credit 1.00
2023-09-02 Pregame
2023-09-02 Saturday Trades Recording
Exercise and Assignment
Chat Room Link
New Trades
ROKU
ORCL