It’s Thursday so hopefully by now you know what that means…
It’s “Opening Playbook” day, my weekly livestream where I cover the markets and give out multiple trade ideas — overnight, weekly, monthly and more — at 10 a.m. ET.
Obviously, not every trade is going to work out, but here’s how we’re doing so far — and I couldn’t be more pleased!
As we discussed last week, February seasonality’s not great, so this month is likely to be more of a stock picker’s battle to win.
What catalysts can change this?
Earnings. And hopefully some more sweet trade ideas can help your P/L, and let’s start with…
The Weekly Momentum Play
Ticker: ANET
Options: 14 FEB 25 EXP
BUY $115 CALL
SELL $116 CALL
Price: $0.51 debit
ANET has dropped a bit in price, so you may want to target the $114/$115 call. The point of this trade is to “wrap” the strikes you buy and sell around the current price of the stock. That’s why I call it a “wrap order”!
So if the stock is trading for $114.35 by the time you read this, then adjust your strikes accordingly!
The Monthly Breakout
Ticker: ISRG
Options: 7 MAR 25 EXP
BUY $590 CALL
SELL $600 CALL
Price: $4.65 debit → 115% max profit
ISRG has also fallen a bit this afternoon, so be sure and check the current price when you read this and adjust accordingly!
I’m a bit pressed for time for today so that’s all for now. You can also catch the replay of today’s show up top — be sure to join me at 10 a.m. ET each Thursday!
Graham Lindman
Graham Lindman Trading
Follow along and join the conversation for real-time analysis, trade ideas, market insights and more!
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*This is for informational and educational purposes only. There is inherent risk in trading, so trade at your own risk.
P.S. Why Trump Is Triggering the ‘Great Rotation’
Here’s how to profit from February’s market rout…
Roger and I have spotted a historical rotation pattern that’s about to push certain stocks LOWER. Check out this method for profiting from this forced selling.
