My Bullseye pick that I want to buy this week is to buy (ASTS) call options.

ASTS calls near $1.80 –   1 day later $2.20  =  22%

My Reasoning:

My Trade Plan Details:

• ASTS Mar 28 $35 calls near $1.80
  
• Stop: Closes ASTS below $28
• Target 1: $38
  
• Target 2: $44
  

It’s nearly impossible to see a trend for a stock go either up or down for more than one day.

For me, that means I am focusing more on daytrading strategies where I am in and out of a trade in less than an hour. 

I can usually find two or three moves that make sense for me each day in this market. It’s definitely more challenging, but that’s what I have to do to make it work.

While I will not be live trading today because I am out of town this week on vacation with my family, I really encourage you to join me again next week in our live room and I will show you what has been working for me. 

This week, I want to focus on one of the smaller stocks out there with huge momentum right now.

The stock has had a lot of big days lately, even though the market has been tanking. I would like to use today’s weakness to start a new position on the stock.

It is extremely volatile and while I’m listing some options I would consider, I really just prefer to buy the stock itself on this trade.  

My Bullseye pick that I want to buy this week is to buy (TSLA) put options.

META Calls near $6 –   1 days later $6.30=  5%

My Reasoning:

My Trade Plan Details:

• META Mar 14 $700 calls near $6.00
  
• Stop: Closes META below $652
• Target 1: $700
  
• Target 2: $720
  

This week, I am looking to get back on the long side of trading and go after a large-cap tech stock that has been recovering nicely.

I had a lot of good trades last week on this one, and I think the trend will continue to the upside from here (unless the markets break down again!)

My Bullseye pick that I want to buy this week is to buy (TSLA) put options.

TSLA puts near $6 (reached $7.58) –   10 days later $78.15 =  870%

My Reasoning:

My Trade Plan Details:

• TSLA Mar 7 $330 puts near $6.00
  
• SStop: Closes TSLA above $360
• Target 1: $330
  
• Target 2: $300
  

Today, we are seeing a feeble attempt at a recovery after having a whole weekend to sober up and decide if things are a good value right now.
I guess not too many traders are enthusiastic about putting what little money they have left to work today and buying stocks.
If that doesn’t happen in the first hour of the normal trading session today, I think it will be time to start adding some new short bets against the market.
One of my favorite stocks is likely to lead the way lower if that is the case (TSLA).
This stock was exceptionally weak before Friday’s carnage, and it has had few buyers willing to step up as the stock continues to break key support levels.
I think we could be headed under $300 very soon

My Bullseye pick that I want to buy this week is to buy (CLS) call options.

CLS calls near $3.50  –   2 days later $3.80 =  8%

My Reasoning:

My Trade Plan Details:

• CLS Feb 28 $140 calls near $3.50
  
• Stop: Closes CLS below $128
• Target 1: $140
  
• Target 2: $148
  

This is what you see in bull markets, and it has been very frustrating for anyone who continues to bet against this market.

The trend right now continues to appear to be higher, so I will keep placing my bets accordingly (at least until proven otherwise!)

One trend that has been nearly unstoppable is for companies supplying virtually anything for data centers.

While a lot of stocks in that sector are already breaking out, and I don’t want to chase them at these levels, there is a stock that I appears to be ready to breakout once again, and I think now is a great time to look at it again

My Bullseye pick that I want to buy this week is to buy PDYN stock

PDYN stock near $10.50  –   1 days later $12.40 =  18%

My Reasoning:

My Trade Plan Details:

• Buy PDYN stock near $10.50
  
• Add near under $10 or a break over $11
• Stop if closing price is under $9.50
  
• Scale out of stock into rallies, and buy dips above my stop price.
  

There are not a lot of great large-cap stocks out there that can give you exposure to this sector as a pure play.  

Sure, stocks like AMZN and TSLA are robotics themes, but they are not going to move much based on market sentiment for robots right now.

When I trade this sector, I want to trade some of the small-cap stocks that are emerging leaders in the space.

If you want to know what they are, my top list of small-cap robotics stocks are:  PDYN, RR, SERV, IRBT and ARBE. 

Today, I want to start to build positions in several of these, but there is one in particular that I am focused on…

My Bullseye pick that I want to buy this week is buy (SMH).puts.

SMH options 02/14/25 near $3.50  –  10 days later $0  = 0   %

My Reasoning:

My Trade Plan Details:

• SMH Feb 14 $230 puts near $3.50
  
• Stop: Closes SMH above $245
  
• Target 1: $228
  
• Target 2: $220

My Bullseye pick that I want to buy this week is (UPST).

My Trade Plan Details:

• UPST Jan 31 $68 calls near $2.00
• Stop: Closes UPST below $59
  
• Target 1: $68
  
• Target 2: $74

Alerted at $1.65, 3  days later $4.50 = 170%

e-mail:

UPST options 01/31/25 near $2  – 3  days later $4.50 = 125%

My Reasoning:

This week, I am going with what I consider a “high risk, high reward” type of trading idea.

With interest rates starting to reverse course and head a little lower, I think small caps and tech stocks will find a tailwind for a short period of time if that continues to stay in place.

By the way, if you’re looking for what I think is a more “conservative” play this week, check out the small-cap index – IWM – instead of the stock I am looking at!

The stock I am taking aim at can be very volatile, and is heavily dependent on the market continuing with the “risk on” mentality.

If it works, it can be a really big play… but it might be very choppy as well, so make sure you are prepared for that if you decide you like it!

My plan is to get started near the open today and buy both stock and options, hopefully near my target entry price, which I list below.

If this trade doesn’t work out, I will use a stop with a closing price below $59.

If things go my way, I think we could see UPST could rally to $68, and possibly even to $74, which is target #2 for me.

My Bullseye pick that I want to buy this week is (DJT).

My Trade Plan Details:

• DJT Jan 24 $38 calls near $2.00
• Stop: Closes DJT below $33
  
• Target 1: $38
  
• Target 2: $44

DJT options 01/24/25 near $2  – 1  days later $7.71 = 285%

My Reasoning:

This week, I am expecting a very volatile market. While we are currently trading in a downtrend, I am expecting some sharp reversals along the way to scare out short sellers and try to get bullish buyers excited.

Be very careful starting new long positions in a market downtrend – that is fighting against the tide and can be very tricky.

While you might think it sounds obvious to short the market from here, I think the “meat” of the move has already happened.  I was early to cash in on winners for my IWM short positions last week, and at this point I think it is a little late to the party to start new shorts.

My best bet would be to sit on the sidelines until the conditions improve, or be very selective in trades that have the potential to work no matter what.

I think that one of those trades might be DJT right now.

With the inauguration coming next week, I am expecting buyers to re-emerge in this stock. You never know how high it will go if things get crazy, to the upside but that is not my main concern.

I am looking for a stock that I don’t think will collapse if the markets continue lower. Because of the inauguration, I think we will see a lot of optimistic buyers for this stock over the course of the week, and I think the downside will be limited.

My Bullseye pick that I want to buy this week is (UBER).

My Trade Plan Details:

• UBER Jan 17 $70 calls near $.65
• Stop: Closes UBER below $64
  
• Target 1: $72
  
• Target 2: $80

UBER options 01/17/25 near $0.65  – 2  days later $1.25 = 92%

My Reasoning:

This week, I feel a lot more confident in the market, with the QQQ trading solidly above the 20-hour moving average.  That is a great technical signal for me.

The biggest problem I see right now is that so many stocks have already made a very big move, and I feel like it is late to the party.

On the other hand, if I try to buy stocks that haven’t moved much yet, I have found that to be a losing strategy.  If a stock hasn’t moved by now… why would it move higher anytime soon?

Right now, I am going with a stock that I am honestly not a huge fan of and have avoided for a long time.

I think the tides are starting to turn, though, and we could see a resurgence in investor interest that carries this stock higher from here.

My plan is to get started near the open today and buy both stock and options, hopefully near my target entry price, which I list below.

If this trade doesn’t work out, I will use a stop with a closing price below $64.

If things go my way, I think we could see UBER could rally to $72, and possibly even to $80, which is target #2 for me.