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
