Tackle Today: 6 New Ideas from Trade Masters
June 1, 2023
«GOOGL, COST, SPY, APA, CELH, and CROX made the cut.»
Traders,
Every Wednesday at 7 PM EST, we host Trade Masters on our YouTube channel. It’s an opportunity to see how two veteran traders find and build trades. Last night Coach Tyler battled Coach Greg. Here’s a recap of the six trade ideas they pitched.
Delta Round
-CELH Bull Retracement. Long stock or 21 July $130/$145 bull call spread for $4.15.
-APA Bear Breakout. 30 June 31/26 bear put spread for $1.09.
Theta Round
-SPY Trading Range. 21 July 386/390/440/444 iron condor for 81 cents.
-CROX Bear Retracement. 16 June 125/130 bear call for 50 cents.
Wildcard Round
-GOOGL Bull Breakout. 21 July 125/135/140 broken wing call fly for $4.15.
-COST Bull Breakout. 30 June 480/475 bull put spread for 50 cents.
For more details on the logic behind each pattern and strategy selected as well as commentary on potential triggers and stops, check out the recording on our YouTube channel. And be sure to tune in next week for a new batch of carefully curated picks.
Video Of The Day: Trade Masters – Hot Trading Picks From Tackle Trading
Every Wednesday at 7 PM EST join us on the Trade Masters Show where two Coaches go head-to-head to see who can find the best #tradingsetup.
Chart of the Day: COST
An upside breakout is brewing in Costco after reporting solid earnings numbers and seeing a a groundswell in volume. No wonder Coach Greg liked the 480/475 bull put spread.
Today’s line up
Traders Lounge 11 AM EST
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Halftime Report 12:30 PM EST
The Halftime Report starts at 12:30 EST and covers what news is driving the market, chart analysis from the movers and shakers of the day, and fun in a way that only the coaches at Tackle Trading can deliver.
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