Prime Playbook

June 13, 2024 Volume 48 "U.S. Open Edition"

Legendary Mode

I love golf as much as I love trading, and this week is another chance to see the legend, Tiger Woods, in action. I’m not sure if he has the magic to win this week, but you know the Stack is full of PRIME “magic” to dominate Lotto Friday.

Not a lot of data on the board worth noting, besides the Michigan Consumer Sentiment at 10 a.m. and Fed Goolsbee speaks at 2 p.m. As you are trading tomorrow and potentially swinging, please remember that next week is not only OPEX week, but the market is closed on Wednesday in observance of the Juneteenth federal holiday.

Get your alerts and charts set, pick your lottos, and let’s BANK tomorrow!

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My Charts

Over Green line = Entry for Calls

Under Red line = Entry for Puts

Dotted Blue line = Price Targets

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 get paid!

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BYON

BYON 0.00%↑ daily chart in this massive falling wedge going back to the beginning of the year. It retested the 52 week lows today, so we are at a critical spot heading in to tomorrow. Here’s my plan.