Traders,

We have a data filled week with large cap earnings, Government shut down potential (now at 76%), PPI data Friday and popular Mag 7 names with earnings end of the week so this will be busy and filled with distractions.

That doesn’t matter to me because tune that noise out and focus on the price action in front of us.

However, we’ve had an INCREDIBLE month here in this newsletter I might start booking a lot of gains and trimming down positions.

One thing that I learned over the years doing this is to go after the “easy money” and that means avoiding betting on earnings trades. In fact, I learned a strategy from Dan about 6 years ago that talked about post-earnings volatility and how to swing it into your favor.

This week my highlighted traded idea has to do with just that on a name that reported last week (and took everyones options money who tried to play it).

I have not traded this name in a while but the price-action setup, the volatility crush and the fact that we have other Mag 7 earnings this week mean very few will pay attention to this idea which I like.

✅ This week in the letter we are going to cover: