$SPDR S&P 500(SPY.US) Something I like to do when we are retracing back to ATH is look closely at the previous ATH of the options call I'm thinking about buying. Now it's not 1-1 because Greeks change things, but if we're in a cup and handle or V shape recovery I can use the previous high as my potential exit strategy options price. That's a way to look at Entry and Exit strategy.

$QQQ DEFENDING THE WEEKLY 8-EMA FOR NOW.

LOOKS LIKE WAVE 2 TO ME.

HOW DO WE GET WAVE 3?
TRUMP/IRAN DE-ESCALATION
DEAL SIGNED

PUTS CLOSE, VANNA SNAP RALLY INTO FOMC.

UNLIKELY - JUST GAMING IT OUT. 

⚾️ MARKET SCORECARD ⚾️

The pitcher has thrown 5 pitches this year.

❌ BALL #1 = $IGV (Software)
❌ BALL #2 = $MAGS (Magnificent 7)
❌ BALL #3 = $SPCX (Still in IPO price discovery)
✅ STRIKE #1 = $MU
✅ STRIKE #2 = $SNDK

Why?

The market isn't rewarding software and crowded AI trades right now.

It's rewarding the picks and shovels.

🔹 DRAM
🔹 HBM
🔹 NAND
🔹 Memory Infrastructure
🔹 AI Datacenter Buildout

Everyone wants to talk about AI.

The market is paying people who own the memory required to run it.

The Gold Rush wasn't won by the miners.
It was won by the people selling the shovels.

$MU $SNDK $NVDA $TSM $SMH $SPY $QQQ 

⚾️ Current Count:

 3 Balls, 2 Strikes

And the next pitch arrives with Micron earnings this week. 📈 June 24th.

🎯 MU Earnings Expected Move: ±$210 (±17.6%)

Current Price: $1,190

Bull Target: $1,400

Bear Target: $980

Expected Move = Stock Price × IV × √(Days/365)

$MU Price = $1,190.20

7-Day IV = 127.5% !!!!!

Earnings = June 24 AH
Using the weekly expiration immediately after earnings (June 26)

Calculation

Expected Move =

$1,190.20 × 1.275 × √(7/365)
√(7/365) = 0.1385

Expected Move ≈

$1,190.20 × 1.275 × 0.1385

Expected Move ≈ $210

Market Pricing

$1,190 ± $210

My Read

The market is essentially saying:

🟢 Beat + Raise + HBM commentary remains supply constrained

= $1,350-$1,450

🟡 Beat but guide merely "good"

= $1,200-$1,300

🔴 Any sign HBM demand is slowing or pricing is peaking

= $950-$1,050

This isn't just a Micron earnings report.

It's the scoreboard for the entire AI Memory Supercycle. 🚀🧠📈

MICRON SAMSUNG SK HYNIX

#AI #Semiconductors #MemorySupercycle #Investing #Stocks $MU $DRAM $SNDK

@smartertrader @Banana3Stocks @blondebroker1 @TradexWhisperer @Micro2Macr0 @astocks92 @SuperLuckeee @itsmichaelluu @StockPatternPro

A very Wild 6 Days of Trading Fam!
June 5th to June 12th.

Friday the 5th, during Blood Red Chip day, I went long!!
It was so hectic I would not want followers to trade into that with me as it was a very high-risk bounce play. 

On Monday, I sold All those Longs as the market started turning over. 

Also Monday I went Short Apple 🍎 at $315 for $310, this was a Banger Over Night at WWDC Failed as usual and Apple dropped.

I sold Apple the next day at $289.
Total overnight Smash!

Then I went short Spy at $737 for $725. I sold it too early but it was a good trade. 

A wild week of flip Flops.
I never really nailed The top or bottoms but I did stay unemotional and nimble. That's the Key!

Go with the Flow Fam. 
Be Tied to Nothing other than Price,  Direction, and Flow!

$SPY $QQQ $AAPL

The market feels like it's played EVERY card it knows to go up, and it has.

Now it's rotate from A-B-C-D without a MASSIVE Sell Signal.

That in Turn BURNS PUTS Because $VIX is less than 16, so NO VEGA TO PAY PUTS, All that Really Happens is Chop or Premium Theta Decay.

I am not mad at it, it's the game we played MAY to OCT of 2025. Just need to Realize this can GRIND Higher on No News or Events unless FED MACRO Get in the way.

IRAN - No One Cares Anymore....

The Easy Money is Gone from $QQQ $SPY $SPX for the most part in 2026. 

Does NOT mean We ARE Going Down Though. Can Grind Higher as noted.

Going Down is Like MASSIVE HOT CPI/PPI.
Market Might Look Right Through that though.

TRUMP INVADES or ATTACKS IRAN - 
NOT PROBABLE THIS LATE INTO THE YEAR!

FED STEPS ON THEIR OWN TOES WITH ENDING QE LIGHT $25-$45B a Month of Buying.
Maybe but Unlikely in 2026 IMO.

FED SIGNALS A RATE HIKE - 
I REALLY TRULY DON'T THINK SO in JUNE or JULY.

$MAGS Ways they can FALL FOR REALZ....
$AAPL SELL THE NEWS FLOP AT WWDC -
THEY HAVE STUNK FOR YEARS IN A ROW.

$AMZN or $META or $TSLA Do the $GOOG THING and offer $80B to the Markets.

We are BELOW the 21 D SMA.

Recover  by Friday or potential REAL Pull back into FOMC BAR 55 June 17th.

$MAGS RECOVERY NEEDS FOLLOW THROUGH.

$SMH + $QQQ IS HOT.

$MAGS JUST RECLAIMING the EMA POSITIVE FLIP IS ENOUGH TO SUSTAIN A RALLY.

FOR NOW - GOOD START TO THE WEEK.
EYES UP ON THIS ONE. 

$HIMS Options Collar

As a Trader, you want to ride the Trend in the long term direction but with 140%+ Implied Volatility, that can literally be a 180 on the flip of a dime. 

Going into Earnings, I let my Calls Run since they were already explosive, but I realized the team needed to deliver on earnings. 
They did not. 

The flip side is riding puts for a week or two, as IV bleeds out and a new trend is formed. 

That's the Long/Short Collar. 

Obviously, I want the stock to go Long and Short Squeeze, but that doesn't always go your way. 

Either way, if trading, through a very High Volatility Window, carry a hedge.

Decent Night in Asia.

$BTC Holding $64K and Japan Pushing 72K.

Good start for our Monday Fam.

Eyes Up!

0.91 PUTS On Deck - Might Be Trapped if they get stuck and have to Vanna Snap Close quick.

Let's watch the Pre-Market Activity! 

$VIX Waking Up, But VIX Expiration is tomorrow.

We have $12T In CEO Companies in China this week.

Can they create a sense of calm and peace talks with IRAN to settle down OIL/Yields and Trade?? 

$SPX 57/43 = You Really Want 50/50 to be Bullish.

$DRAM $SMH $SPY $QQQ

BEARISH TILT - 

$MAGS Below the 8-EMA is a Warning Shot.

Closing BELOW the 21 - EMA is a RISK OFF Highlight Should the Market Drift Sideways - Profit Taking Leading into next week CPI/PPI Inflation Reports on June 10th and 11th, followed By SUPPLY Driven SPACE X IPO June 12th.

All that without BUYERS Leads to Cooling Off, Selling A to Buy B, Trimming A to buy B.

My Clean AIR TRADING WINDOW is JUNE 19th to JULY 25th, if we can Manage MACRO.

MACRO is OIL, RATES, INFLATION, FED HAWKS

NOT EASY FAM - TRUMP TWEETS ARE MUTED NOW. WE KNOW IRAN IS A PLAY ALL SUMMER LONG INTO LABOR DAY NOW FOR THE ELECTION POP THEY ALWAYS WANTED.

IS IT TOO MUCH TOO LONG - POSSIBLE BUT $MAGS ARE SAYING WARNING!

NFA

CNBC: 

“There’s FOMO… chasing… speculation…”

HELLO.....

The world is built on gambling.

Macau. Vegas. Kalshi. Stocks. Leveraged ETFs. Options. Bitcoin. Horse racing. Sports betting.

Face facts: the entire globe is full of risk-takers.

I didn’t create the world order.

Humans naturally gravitated toward a gambling lifestyle. Some dude thought he would SWIM The ENGLISH Channel, AND DID!

There was FOMO in 2023.
There was FOMO in 2024.
There was FOMO in 2025.
There’s FOMO in 2026.

And guess what?
There will be FOMO in 2027 too.
This is the game humans chose.

Watch.
Wait.
Participate.
Or scream from the peanut gallery.

The market is a full casino. Don’t kid yourself.

People ask me what stock books to study.

I tell them:

Read poker strategy.

Super/System 1 & 2.
Harrington on Hold’em.
Bankroll management.
Position sizing.
Patience.
Risk/reward.
Knowing when to fold.
Stocks and options are not about being right every time.

They’re about surviving long enough for your edge to pay!!!!!!!!!!!!!

Manage the bankroll.
Respect the table.
Play the hand.

$SPY $QQQ $BTC $NVDA $TSLA

$GOOG Setting up Earnings Run Up into July. 

$VIX @grok analyze the tape from today, seems off for all the IRAN War stuff going on. 

Jim

Jim