Prime Playbook

October 13, 2024 Volume 82 "BULLdozed Edition"

BULLS HIT ALL OVER THE PLACE!!

It sure did, and they sure did as well (look closely lol). Elevator up, up, and away was the theme last week. The market continues to act impervious to just about anything, and it has been BULL steam ahead.

We roll in to the first true earnings week of the season, and there are some big names due to report. JNJ, UAL, ASML, MS, DFS, TSM, and NFLX headline the week.

We have FEDs yapping Monday and Tuesday, but not much else on the data front. Thursday brings retail sales data along with jobless claims. Friday rounds us out with a slew of FEDs who just can’t shut their damn mouths. Ugh!

Oh yeah, it’s also OPEX week. Yuck!

This issue of the Stack is LOADED to the tits with setups and Bonus Picks that will slay. Set your levels and alerts, and follow along as we bank as usual!

---

ANOTHER LOTTO FRIDAY FOR THE RECORD BOOKS!

Just going to leave that right there. If you aren’t subbed yet, PLEASE message me and tell me why, or sign up and BANK non stop!

---

Annual Subscription Money Back Guarantee!!

If you don’t make back your ANNUAL subscription fee ($200) 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.

---

“THE RULES of My Charts”

Over Green line = Entry for Calls

Under Red line = Entry for Puts

Dotted Blue line = Price Targets

**(these can also act as S/R levels to use for entry on bounces, retests, rejections, continuation, etc)

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.

PRIME STYLE trade ideas:

I like trading far OTM options and these are where the multi-thousand percent trades we get all the time come from. They are high risk, but usually the premium is low enough and the IV is higher, so you can still bank and the risk is minimal. Closer to the money with time is ALWAYS a safer idea. I am not telling you what to do. I am sharing my PRIME STYLE ideas because that’s my preferred way of trading options when the chart allows it, and it may be something new for you to try out.

Let’s BANK!

---

---

TSLA

TSLA 0.00%↑ monthly. Yes this got dropped hard after the stupid robotaxi shit show (that started an hour late - apparently robots can’t tell time?). From a technical standpoint, it is retesting the trendline of the monthly breakout here. A bounce could send this right back up to the prior high. Here is what I’m watching.