Prime Playbook

September 8, 2024 Volume 72 "Royal Rumble Edition"

Must Watch TV

The market last week sprung a leak and never was able to find the Flex Seal guy to stop the bleeding. As we head in to another week packed with data, we do have one thing working for us this week, and that is the Fed is in it’s blackout period prior to FOMC next week. So we won’t have a dozen clowns contradicting each other all day every day.

Tuesday this week also brings a special sporting event: The presidential debate. If you want some laughs in the middle of this chaos, tune in and enjoy. I am expecting barbed tongues and shenanigans galore. Memes will be flowing on X for sure.

Following that up on Wednesday morning, we will get the inflation numbers. Thursday will bring PPI and jobless claims. We close out the week with Michigan Consumer Sentiment on Friday.

We ended the week with VIX flying and the market dumping. I am not interested in getting trapped, so I plan to be a patient observer at open tomorrow and see what premiums look like. Remember, you don’t HAVE to trade, but then again, you’ve got PRIME TIME in your pocket. So if the premiums work for your port, you just need to follow my plans and bank all week long.

---

ONE ON ONE Lessons

Primerano40x 1 on 1 Appointment Schedule

---

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.

---

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!

---

---

FCX

FCX 0.00%↑ weekly bear flag that just keeps bouncing between trendlines for the last 2 years. You can see the trend moved slightly higher (orange line) when it last bounced from the demand zone, so in essence this is at the bottom of the channel. The weekly gap above is looking very tasty. Here is what I’ve got for this week.