
Rocket Equities & Options Video Update 09-10-21
Market Video Update
No new trades this week. Our ZM equity trade is up about $10 from our entry last Tuesday, and our QQQ put spread trade from last Monday is getting some action today with more than a month until expiration. This market seems jittery this week with sell offs persisting. Disney had a nice pop this week on the heels of their record Labor Day weekend for Shang-Chi.
Market Video - QQQ and Equities Analysis
Options Trades:
QQQ Oct 15th $380 - $360 Debit Put Spread for $5.00. This spread is right at about $5 breakeven right now with the QQQ trading at $379, down from a high of almost $382 this morning.
Equity portfolio:
Long ZM at $294. ZM is trading at $304.64. The stop is $268.50.
Long half position in WMT at $140.91. WMT is trading at $145.72. Stop is $125.31.
We are effectively long CRM at $215.35. CRM is trading at $257.88. Stop is $193.64.
Long half position in DIS at $118.63. Disney is trading at $186.04. Stop is $98.45.
Long half position in UBER at $31.50. Uber is trading at $40.25. Stop is $26.24.
Long half position in MCD at $216.91. MCD is trading at $240.00. Stop is $189.50.
QQQ Oct 15th $380 - $360 Debit Put Spread for $5.00. This spread is right at about $5 breakeven right now with the QQQ trading at $379, down from a high of almost $382 this morning.
Equity portfolio:
Long ZM at $294. ZM is trading at $304.64. The stop is $268.50.
Long half position in WMT at $140.91. WMT is trading at $145.72. Stop is $125.31.
We are effectively long CRM at $215.35. CRM is trading at $257.88. Stop is $193.64.
Long half position in DIS at $118.63. Disney is trading at $186.04. Stop is $98.45.
Long half position in UBER at $31.50. Uber is trading at $40.25. Stop is $26.24.
Long half position in MCD at $216.91. MCD is trading at $240.00. Stop is $189.50.