Trades

Trade Findings and Adjustments 11-16-2023

Theme = Decision Making

NO BABA trade because they…..  Beat Top and Bottom But…… Suspending the Icloud due to US Restrictions

IF you can’t define a probable trend then don’t force a trade

Last Week’s Notes:

AAPL – Earnings proved a lot of naysayers wrong and phone sales were excellent.

DIS – Everybody said “their parks are bleeding cash!”

– One their biggest earners was parks!

– “They’re losing subscribers!” beat their subs expectations.

– 150.2Million Subs. 148 expected.

Which one would you choose for a trade?

– AAPL maybe looks safer near term for a trade

– DIS Looks much more impressive earnings report wise

– Maybe we keep an eye out for a pull back to launch higher for both stocks?

– Maybe we look at a bull call spread now, where if we get a pull back we can take the short call off and let the long call run.

– AAPL 185/195 Bull Call out to January monthly.

– DIS 90/95 Bull Call same expiration OR 90/100

– AND/OR wait a few days and get in on a pullback

What did you do? I choose DIS

90/95 Bull Call Jan Monthly 2024 CB =$1.95

Reasons – Christmas Rally, Higher upside potential

Movies, theme parks during holidays, 7 million more subscribers than expected as a stock price boost

Risk = 1.95 to make difference in strike =$5 – 1.95 = 3.05

Trade Findings and Adjustments 11-16-2023

 Theme = Decision Making

NO BABA trade because they…..  Beat Top and Bottom But…… Suspending the Icloud due to US Restrictions

IF you can’t define a probable trend then don’t force a trade

Last Week’s Notes:

AAPL – Earnings proved a lot of naysayers wrong and phone sales were excellent.

DIS – Everybody said “their parks are bleeding cash!”

– One their biggest earners was parks!

– “They’re losing subscribers!” beat their subs expectations.

– 150.2Million Subs. 148 expected.

Which one would you choose for a trade?

– AAPL maybe looks safer near term for a trade

– DIS Looks much more impressive earnings report wise

– Maybe we keep an eye out for a pull back to launch higher for both stocks?

– Maybe we look at a bull call spread now, where if we get a pull back we can take the short call off and let the long call run.

– AAPL 185/195 Bull Call out to January monthly.

– DIS 90/95 Bull Call same expiration OR 90/100

– AND/OR wait a few days and get in on a pullback

 

What did you do? I choose DIS

90/95 Bull Call Jan Monthly 2024 CB =$1.95

Reasons – Christmas Rally, Higher upside potential

Movies, theme parks during holidays, 7 million more subscribers than expected as a stock price boost

Risk = 1.95 to make difference in strike =$5 – 1.95 = 3.05

 

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