Prime Playbook

August 11, 2024 Volume 65 "Pool's Out For Summer Edition"

Debby Downer

Well, Prime’s summer came to an abrupt end on Friday afternoon. This edition’s cover picture is the 25 foot harpoon branch from my neighbor’s tree that punctured the floor of my pool. As thousands and thousands of gallons of water leached out of my pool, the town where I live had a water main break which left us with no running water. For 24+ hours. I still am under a “boil water advisory”. I went from having all the water I could possibly need to absolutely none in a matter of hours. So, if anyone has an extra bedroom on their upcoming vacation I am definitely looking for an alternative to a garden sprinkler and laying on the grass!

I guess I should laugh, but instead I put that extra time in to finding more big bag trades like LLY from last Thursday’s stack. LLY was a HUGE win on Lotto Friday.

If this is your first time reading the Stack, don’t even stop to think twice. Spend the $20. It will be well worth it. It’s guaranteed.

This week we are back to a big time slate of data all week long. PPI & CPI are the headliners. Numerous Feds speaking. There is a full earnings slate again this week, although not packed with Mega caps like the last few weeks. Volatility is still a major player, so stay with the “see green, take green” mentality and don’t let green trades go red.

Buckle up, set your levels, study the Stack, and let’s bank!

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Primerano40x 1 on 1 Appointment Schedule

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My Charts

Over Green line = Entry for Calls

Under Red line = Entry for Puts

Dotted Blue line = Price Targets

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!

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ELF

ELF 0.00%↑ daily bullflag bouncing at demand. This is one of my favorite setups. Daily gap above to fill as well. This can be a JUICY payday this week. Here’s what I’m looking for.