Shawn0323
Essentialwas expecting more weakness today then we got looks like we got a double bottom right around $567.80. going to try to enter close as i can to there with longs into the end of the week for FOMC rate cuts $580 calls will do perfect. Plan to trim a 3/4 as the event happens and let the other 1/4 ride for the next day
DIA will benefit with earnings beats this week and there's and reverse H&S on the 2H gonna trade this light because there is a gap below
had these long call over the weekend and sold at %40 so gonna look for an entrance around the up trend support ($225c Nov 8) taking profit along the way hopefully holding freebies into FOMC
MS reports Wednesday morning at 7:30. RSI is hot and we are at new ATH. banks have been doing well and i expect MS to follow suit will buy some call expiring on the 18th around $115 and trim before Tuesdays close if I'm green. will then swing a longer out put for a retest of the 200day at $100ish a month out and add to the puts if they beat.
looking catch bad new from robo taxi and earnings so i will have 220 puts for the 18th and if it dips on robo taxi well make earnings trade free