Good morning all.  Watchlist will be moving to Edumomo Edge, you will also be able to get a trade planner and see which option contracts I’m looking at and more.   Be sure to subscribe to the newsletter to get the latest updates.  Updates on Edge coming Friday/Monday.

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Ok  Overnight/weekend disaster so.  Nailed the long entry on Friday but 2 major mistakes. 1) on hod test fail didn’t sell enough long and 2) didn’t hedge with some puts like I normally trade — been taking gains consistenlty but missing major opportunity by under trading.

Big gap down. Overall expecting some BTFD and then need to see if more selling.

SPY -- big gap down, watch key levels. -- LEVELS: 328, 333, 334.80, 340, 345
TSLA -- Big dump on non index inclusion and we broke that 360 target. Ideally pushes back on 370-378 area and then give us an opportunity to get into 350 puts for flush into 335. That said also looking for dip and rip off 350-353 for a long. -- LEVELS: 300, 335, 353, 376, 400, 420, 432
ZM -- Watch key levels. If 345 continues to hold and market rallies, could give a nice swing long opportunity. IF 345 breaks and gets heavy plenty of downside remaining to fill the gap -- LEVELS: 300, 328, 345,360, 375, 398
NKLA -- Huge rip on GM investment. Can go either way from here so no edge though I do have a slight short bias for some more gap fill. 47 likely a very important level to build on for upside or test and fail for downside. -- LEVELS: 42, 43.50, 45, 47.30, 50, 56.50
AAPL -- Same plan as Friday, I like 112/115 levels for possible long. If 112 breaks will go short for 105. -- LEVELS: 106, 112, 115, 122

S&P inclusion Plays

TER -- Being added to index. like long on dips, would love it long around 72 -- LEVELS: 70.50,72.40, 76.50, 79, 83, 86
ETSY -- Being added to index. like long on dips. holding really well. -- LEVELS: 96, 100.50, 107, 114, 120, 125.90
CTLT -- Being added to index. Filled gap. needs to hold 80/82 levels. -- LEVELS: 75, 80, 82, 87, 89. 90

Post Earnings Plays

n/a

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