Daily Plan 6.28.24

Welcome back everyone!

Lets dive into the recap for todays session then move on to tomorrows analysis.

Recap of chat today:

As most of you saw, there was a strong gap up overnight, boosting the prices of both AAPL and AMZN. These stocks had active swing calls, shooting up their prices and bringing solid gains to the contracts. AAPL moved all the way up to 1.9, with an initial call at 1.4. Although this represents a small gain, AMZN, on the other hand, saw a monster rally in the last two sessions, bringing the call contracts up to 5.2 from 1.35!

Outside of this, today was yet another rocky session for the SPX contracts, as the market is lacking direction. We are seeing little to no direction, offering low volatility near the end of the day. Twice, contracts were called out in the last two hours, seeing upside but not moving the price to where I wanted.

Overall, it was a more laid-back session, as the market offered most of the volatility first thing in the morning. Now, let’s dive into my thoughts for tomorrow to close out this wonderful week!