Great Team Effort on ZM Short

The Two-Hour Trading community pulled out yet another triumph in group trade planning. We collaborated to go short on Zoom (ZM) out the gate with 200 puts for $2. Sure enough, it dipped right into our 200 target within two hours. Those puts went from $2 to over $6. Smooth like butter!

Right now we're looking for ZM to pop in the coming days so we can go short for another leg down into the 170-180 range. After that, we'll consider going long.

TSLA Dumps Like a Truck

What a dump Tesla (TSLA) took today. We caught some of the original move, but better yet—we followed the Edumomo process to enter 1130 puts for $29, with stops at $20. Those puts ran to over $70 after hitting our 1080 target.

Premarket Prep Was on Fire

The Edumomo team is at a point where we can finish each others' sentences. We agreed to go short on SPY at a 469 fail. Our 467 puts went from 1.30 to 3.30! Damn, we're good.

In the coming weeks, we are looking for the market to pick a direction. The price action today is full of mixed messages.