Venomous Friday the 13th Incoming!
You ever think you’re safe from poison ivy until that shit flares up three days later and starts chewing through your skin? This describes me EVERY single summer! That also describes this market right now. IV’s been bleeding people dry all week, especially the 0DTE junkies who think they’re slick chasing the same scalp setups on fumes.
But this ain’t just some random rash. As I’m writing this, Israel has attacked Iran, and the futures are drilling. We got geopolitics lighting fuses, Trump tossing grenades into the trade deal narrative, and tomorrow’s open could be an absolute landmine. That’s how Ivy works — quiet, creeping, and then deadly.
You need to be locked in. One second of comfort, one sloppy entry, and you're on the wrong side of theta decay or a volatility crush that leaves you holding the bag. Again. Tomorrow is shaping up to be a volatile trading day, so as usual I will be providing updates in the Chat room prior to market open.
Tonight’s stack is built for staying sharp in this type of terrain. No fluff, just tools to cut through the noise and not get stung by the same shit that’s burning everyone else.
Let’s get it.
Annual Subscription Money Back Guarantee!!
If you don’t make back your ANNUAL subscription fee in 1 month, I will refund your money AND YOU KEEP your subscription.
ZERO RISK - WHO ELSE DOES THIS??
Valid on new annual subscriptions only. First month defined as first 8 issues from start of annual subscription.
My Charts
Over Green line = Entry for Calls
Under Red line = Entry for Puts
Dash/Dot Blue line = Price Targets
Orange Dash/Dot line = POC (Point Of Control)
Purple line = Dark Pool
Blue Boxes = Demand Zones
Red Boxes = Supply Zones
Price targets are not the same as option strikes.
Price targets are where I believe the chart can/will go.
The strikes I suggest are what I think provide the best risk/reward to make money.
Let’s BANK!
MCD
MCD 0.00%↑ 4 hour bull flag. This name has been inversing the market lately, acting as a safe haven when the market drops. This can run through multiple strikes in a single day, and with this setup I have this at the top of my watch list for tomorrow. Here’s my plan.
Calls over $303.50
305c & 307.5c on watch here
PRIME STYLE: 6/20 315c
Puts under $301.00
297.5p & 295p on watch to the downside
COST
COST 0.00%↑ 4 hour descending triangle consolidating along the lower trend. Another great name for Lotto Friday that can run hard either direction in a single day. We need to hold that 995 if we going to look at calls on a bounce, or if we see momentum early on we need a break and hold over 1,008 level for continuation. Here’s the plan.
Calls over $1003.50
1010c & 1012.5c on watch
PRIME STYLE: 1020c
Puts under $999.50
995p & 990p on watch here
GOOGL
GOOGL 0.00%↑ 4 hour retesting the breakout of this ascending wedge. A break under 174.75 will have us looking to head back to the POC around 173. Hold and bounce and we will look to 177 for our first PT. Here’s my plan.