Hey Gamers!
Okay, so picture this: I’m running through a Florida monsoon and I literally asked a store if they had a trash bag so I could put it over my head to preserve my hair. If there’s a will, there’s a way, right?
Which brings me to today’s market.
We’ve got this inside day happening – super predictable – but you know what?
These rangey, rangey days are setting me up for some beautiful opportunities.
Everyone’s just sitting around waiting for CPI and PPI tomorrow like “what do we do, what do we do?”
And oh my gosh, do I have some really good ones for you. Like, we’re actually taking these trades.
Okay, so I was on a show today with this guy Jake (shout out to Jake!), and he brought JD to my attention. Before I start talking about it, I want to mention this wasn’t my chart – he actually brought it to me.
But looking at it? Holy cow.
While PDD, FXI, BABA – all these Chinese names are sitting at all-time highs or local highs, JD looks like it’s just getting started. Like, this thing is so coiled I can barely contain myself.
What we’re doing: October 34 calls for like a buck 80. Mark and I are both taking this one. I’m giving it two weeks to work because when Chinese e-commerce names break out, they don’t mess around.
Why I love it: Sometimes when everything else in a sector is already running, you find that one name that’s been quietly building energy. That’s JD right now.
Mark literally said “I’m with you” when I brought this up. When Mark gets excited, you know it’s good.
CRWV is up eight bucks today and we’re still getting in. I know, I know – that sounds crazy, right?
But here’s the thing – this came off a pretty ugly sell and it’s finally starting to make a rebound. Nice volume, big thin zone to the upside. When these infrastructure plays get going, they really get going.
The options are incredibly expensive though. Like, at-the-money calls for next Friday are five bucks. Five bucks!
What we’re doing: The October 105/120 call spread for about $4.60. That’s better than 2:1 risk reward, and honestly? Sometimes expensive options are expensive for a reason.
Mark was like “you can do a spread” and I was like “let’s do it.” When the setup is this clean, you find a way to play it.
Okay, this is where it gets fun. We got our bombshell bull signal right into the close – 651 calls for 20 cents.
The setup: Market on close over a billion to buy, we’re battling Fibonacci levels, but they’re trying to push it higher into the bell.
What we did: Got those offers out at 30, 35 cents. When you get a bombshell bull setup this late in the day with CPI tomorrow, you take it.
Mark and I were watching this develop in real time. “Here we go guys,” I said when that signal fired. “Nice. 651 calls. Big move higher.”
And you know what? We hit our Voz 55 level. The fact that we got a bombshell bull setup right into this zone?
That’s not a coincidence.
Okay, so here’s my assessment of this whole market situation. We’re holding the 40-period moving average nicely, which is good. But we’re in this weird waiting pattern.
If CPI and PPI are bad tomorrow, I see the market gapping down. If they’re good? I think the market just absorbs it here. The smart traders are going to look at the data ahead of FOMC next week and know if it’s going to gap us down.
But you know what I love about these three setups? They have their own momentum. JD doesn’t care what CPI says – Chinese e-commerce is doing its own thing. Core Weave is an AI infrastructure play with its own catalysts. And our bombshell bull? That’s pure momentum into the close.
Right now I’m hunting for stocks that look ready to explode regardless of whatever CPI throws at us. Volume confirmation is key – I don’t chase breakouts without the volume to back them up.
These three trades? They all have the volume, they all have the setup, and most importantly, Mark and I are both excited about them. When your trading partner gets as excited as you do, that’s usually a good sign.
And tonight?
I’m hanging out with Mamma Voz for a cozy evening.
After running through monsoons and hunting setups all day, sometimes you need some quality girl time.
But tomorrow? Tomorrow we see if these coiled springs start unwinding.
The market’s playing dead, but that just means more opportunity for us closers who know where to look.
Rock On, Gamers!
Voz
P.S. If these ideas weren’t enough…then you need to check out what Andrew is dropping tomorrow. Find out what everyone’s so pumped about at Option Pit
