Prime Playbook
April 20, 2025 Volume 131 "Easter Edition"
Thankfully Today is 4/20
Because you may need some euphoric relief to get through the continued decimation of our entire way of life. This is not a plan, this is madness. Investors are fleeing the US markets, businesses are unable to plan, and we have a massive week of earnings coming up.
I do not see how anyone can be projecting positive forward guidance, as it is impossible to know the tariff impact when the rules change on a whim almost daily based on Donny’s mood and seemingly nothing more. Meanwhile, by tanking the market he has lost negotiation leverage, and most major countries around the world have already moved on to negotiating their own trade deals without the United States.
Furthermore, Powell made it very clear (again) that he is not going to bail out terrible economic policy. This will continue to be a flash point for Trump as he needs interest rates lower, but his tariffs are doing the opposite and lack of clear plan has the Fed and most others on hold.
What does it all mean? SPY 531 is going to be the JPM collar pivot. Lose that we watch 525 for support, and under that can start to flush. Lost that 520 area and this can sink under 500.
This week is going to be crazy. I don’t plan to run headfirst in to anything Monday morning, but as always will play what the charts give us.
Enjoy the Easter holiday if you celebrate. Enjoy the 4/20 holiday if you celebrate. Just try and enjoy the day of peace today before the turmoil kicks back in to full gear tomorrow. Let’s get to the charts and plays for the week ahead.
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!
HIMS
HIMS 0.00%↑ daily setup is one that is high on the watchlist going in to this week. Closing last week holding over this demand zone, and right at the POC. A move up or own can be a multibagger, and the cons on this name aren’t too expensive. Here’s my plan.
Calls over $27.50
28.5c & 29c on watch
PRIME STYLE: 5/16 35c
Puts under $26.25
25.5p & 25p on watch to the downside
COIN
COIN 0.00%↑ 4 hour with the beautiful inverse head & shoulders setup. This can move $20+ in a week, and there was a lot of volume around the 200 strike last week. Here’s what I’m looking at this week.
Calls over $177.50
185c & 190c on watch
PRIME STYLE: 200c
Puts under $173.50
165p & 160p on watch here
HD
HD 0.00%↑ daily bullflag is a pretty easy setup heading in to the week. We have tested the upper trendline twice in the last 3 trading days, so that is the key to this week. A break and hold over the trendline can see a push to 370+. Another rejection of the trendline and we look to head back to the 345 area.
Calls over $358.00
365c & 367.5c on watch here
PRIME STYLE: 5/16 400c
Puts under $354.00
345p & 340p on watch
NVO
NVO 0.00%↑ monthly is my favorite chart heading in to the week. Holding the monthly trendline and retesting the prior high breakout level (yes, it took 2 years!). Healthcare & pharma names have been up and down like a toilet seat (look at LLY and UNH on Friday). A bounce can see a big move with time, and same with a breakdown of the monthly trendline. Here’s the plan.
Calls over $59.00
60c & 61c on watch here
PRIME STYLE: 63c
PRIME STYLE #2: 9/19 100c
Puts under $58.00
57p & 56p on watch
ASTS
ASTS 0.00%↑ daily bulflag managed to breakout and close over the trendline to end the week. This is a big mover for pretty cheap when it sees volume. Basing between 22.50 and 24.00 for over a week now. The move after consolidation, up or down, will pay nicely. Here’s the plan.
Calls over $24.00
25c & 25.5c on watch here
PRIME STYLE: 27c
Puts under $22.50
22p & 21.5p on watch
(Weekly expirations unless otherwise noted)
MP
5/16 30c over $26.50 / 5/16 23p under $25.75
GDX
52c over $51.00 / 49p under $50.00
SLV
31c over $30.00 / 29p under $29.50
ASML
675c over $645.00 / 600p under $640.00
LULU
265c over $252.50 / 237.5p under $248.00
TLT
88.5c over $87.75 / 86.5p under $87.25
SOFI
11.5c over $11.00 / 10p under $10.50
Earnings Calendar
Economic Calendar
