Closing Trade

• TSLA – 95% loss: Buy to Close 2 Contracts (or 100% of your Contracts) May 16 $230/$250 Call Vertical Spreads @ $17.12 Debit.
  DailyPlay Portfolio:  By Closing both Contracts, we will be paying $3,424. We initially opened these 2 Contracts on April 22 @ $8.75 Debit. Our loss, therefore, is $837 per contract.

DailyPlay Portfolio Review

Our Trades

AAPL – 32 DTE

Bearish Credit Spread – Apple Inc. (AAPL) – Apple continues to face growing pressure from global economic concerns and heightened U.S.–China tensions. With this position recently established, we will maintain our current stance. The company is set to report earnings on Thursday, May 1, after the market close.

GOOGL – 18 DTE

Bullish Debit Spread – Alphabet Inc. (GOOGL) – GOOGL recently announced earnings, and the company’s stock has shown some bullish momentum after the report. We are profitable on the position and intend to stay the course for now.

INTC – 32 DTE

Bearish Credit Spread – Intel Corporation (INTC) – Intel’s recent earnings release led to weakness in the stock. We are in a profitable position and intend to stay the course for now.

JPM – 32 DTE

Bearish Credit Spread – JPMorgan Chase & Co. (JPM) – After announcing earnings, JPM’s stock initially leaned bearish but has since bounced back. We are currently down on the position and plan to stay the course for now.

NVDA – 144 DTE

Bullish Long Call – NVIDIA Corp. (NVDA) – Following the news-driven decline, NVDA participated in the upside momentum the market showed this week. We remain bullish on NVDA given its strong fundamentals. In the short term, we may look to sell call premium to capitalize on elevated volatility. The company is not scheduled to report earnings until Wednesday, May 28.

TSLA – 18 DTE

Bearish Debit Spread – Tesla, Inc. (TSLA) – We are closing this position today.

Closing Trades

• BAC – 78% gain: Sell to Close 11 Contracts (or 100% of your Contracts) May 16 $36/$41 Call Vertical Spreads @ $3.36 Credit. 
  DailyPlay Portfolio:  By Closing all 11 Contracts, we will receive $3,696. We initially opened these 11 Contracts on April 11 @ $1.89 Debit. Our gain, therefore, is $1,617.
• MSI – 51% loss: Sell to Close 2 Contracts (or 100% of your Contracts) May 16 $410/$380 Put Vertical Spreads @ $4.30 Credit. 
  DailyPlay Portfolio:  By Closing both Contracts, we will receive $860. We initially opened these 2 Contracts on April 8 @ $8.65 Debit. Our loss, therefore, is $435 per contract.

INTC Bearish Opening Trade Signal

Investment Rationale

Intel Corporation (INTC) faces mounting challenges ahead of its earnings report, with investor confidence eroding amid continued delays in execution and intensifying competitive threats across key business lines. While the stock has experienced occasional short-term rallies, the prevailing trend remains decisively bearish. Persistent margin erosion, lackluster growth prospects, and underwhelming strategic visibility continue to weigh on sentiment. With shares recently bouncing into overhead resistance and options pricing suggesting only modest implied volatility, the setup favors a tactically bearish stance into earnings as the market recalibrates expectations.

Intel’s stock price, currently at $20.59, trades below all key moving averages: the 20-day at $22.29, the 50-day at $20.74, and the 200-day at $22.76—all of which are trending lower. This alignment confirms a sustained downtrend. Since peaking near $35 in mid-2023, INTC has established a consistent pattern of lower highs and lower lows, signaling a clear deterioration in price structure. Additionally, volume spikes on down days underscore aggressive distribution, further validating bearish momentum. With no meaningful signs of technical reversal, the chart reflects continued weakness and supports a cautious, downside-biased view into earnings.

Intel remains fundamentally challenged as it navigates a highly competitive environment while attempting to pivot through a complex and capital-intensive turnaround. Execution risk in its foundry ambitions, lagging AI exposure, and cyclical softness in the PC market all present hurdles. Valuation and profitability metrics highlight its disadvantage versus peers, with negative margins and muted growth expectations.

• Net Margins: -35.32% vs. Industry Median 5.98%
• Forward PE Ratio: 42.6 vs. Industry Median 25.82
• Expected EPS Growth: 7.2% vs. Industry Median 11.18%
• Expected Revenue Growth: 3.77% vs. Industry Median 11.62%

INTC – Daily

Trade Details

Strategy Details

Strategy: Short Call Vertical Spread

Direction: Bearish Credit Spread

Details: Sell to Open 17 Contracts INTC May 30 $21/$23 Call Vertical Spreads @ $0.86 Credit per Contract.

Total Risk: This trade has a max risk of $1,938 (17 Contracts x $114) based on a hypothetical $100k portfolio risking 2%. We suggest risking only 2% of the value of your portfolio and divide it by $114 to select the # contracts for your portfolio.

Trend Continuation Signal: This is a bearish trade on a stock that is expected to continue lower over the duration of the trade.

1M/6M Trends: Bearish/Bearish

Relative Strength: 3/10

OptionsPlay Score: 117

Stop Loss: @ $1.72 (100% loss to value of premium)

View INTC Trade

Entering the Trade

Use the following details to enter the trade on your trading platform. Please note that whenever there is a multi-leg option strategy, it should be entered as a single trade. 

PLEASE NOTE that these prices are based on Wednesday’s closing prices. Should the underlying move significantly during the pre-market hours, we will likely adjust the strikes and prices to reflect a more accurate trade entry. 

View INTC Trade

GOOGL Bullish Opening Trade Signal

Investment Rationale

Alphabet Inc. (GOOGL) presents a compelling bullish opportunity as a high-quality mega-cap growth name that appears to be basing following a steep correction. The recent drawdown has created an attractive entry point for long-term investors, particularly as broader market sentiment begins to rotate back into tech leadership. With valuation metrics now modestly below peers and improving earnings visibility, GOOGL offers a favorable asymmetric setup into upcoming catalysts. Most notably, the company is set to report earnings on Thursday, April 24th after the market close, which could serve as a meaningful trigger for a trend reversal.

GOOGL is currently stabilizing after an extended downtrend, with price action finding support near the $140–$145 zone. The recent bounce from oversold territory on both daily and weekly timeframes, combined with bullish divergence on momentum indicators, suggests a potential trend reversal. Price is now testing the declining 20-day moving average, with a move above $155 likely confirming a short-term base. Upside targets include the $165 and $185 resistance zones, with improving volume trends lending support to the rally setup.

GOOGL’s fundamentals remain solid despite the recent correction in share price, positioning the stock as modestly undervalued relative to its sector:

• Forward PE Ratio: 17.14x vs. Industry Median 17.94x  
• Expected EPS Growth: 13.02% vs. Industry Median 9.58%  
• Expected Revenue Growth: 10.69% vs. Industry Median 4.46%  
• Net Margins: 28.60% vs. Industry Median -1.82%

Buy the GOOGL May 16th, 2025 $150/$165 call vertical for $5.89. This spread offers a defined-risk bullish exposure heading into a key catalyst: Alphabet is scheduled to report earnings on Thursday, April 24th after the close, which could spark a sharp move if results exceed subdued expectations. The trade risks $589 to make up to $911, with breakeven at $155.89 and max profit if GOOGL closes at or above $165 by expiration. This structure captures a potential post-earnings gap higher while limiting downside, making it an attractive setup for a tactical swing long with 4:1 reward-to-risk and 23 days to play out.

GOOGL – Daily

Trade Details

Strategy Details

Strategy: Long Call Vertical Spread

Direction: Bullish Debit Spread

Details: Buy to Open 4 Contracts GOOGL May 16 $150/$165 Call Vertical Spreads @ $5.89 Debit per Contract.

Total Risk: This trade has a max risk of $2,356 (4 Contracts x $589) based on a hypothetical $100k portfolio risking 2%. We suggest risking only 2% of the value of your portfolio and divide it by $589 to select the # contracts for your portfolio.

Counter Trend Signal: This is a bullish trade on a stock that is expected to bounce higher over the coming earnings announcement.

1M/6M Trends: Bearish/Bearish

Relative Strength: 5/10

OptionsPlay Score: 97

Stop Loss: @ $2.95 (50% loss of premium)

View GOOGL Trade

Entering the Trade

Use the following details to enter the trade on your trading platform. Please note that whenever there is a multi-leg option strategy, it should be entered as a single trade. 

PLEASE NOTE that these prices are based on Tuesday’s closing prices. Should the underlying move significantly during the pre-market hours, we will likely adjust the strikes and prices to reflect a more accurate trade entry. 

View GOOGL Trade

Closing Trade

• TSLA – 73% gain: Sell to Close 2 Contracts (or 100% of your Contracts) May 2 $265/$220 Put Vertical Spreads @ $28.75 Credit. DailyPlay Portfolio: By Closing both Contracts, we will receive $5,750. We initially opened these 2 Contracts on April 10 @ $16.60 Debit. Our gain on this trade, therefore, is $2,430.

TSLA Bearish Opening Trade Signal

Investment Rationale

Tesla (TSLA) continues to present a compelling bearish setup, as elevated growth expectations remain out of sync with its weakening operational performance and margin trajectory. Broader headwinds in the EV sector, including slowing global demand and margin pressure from pricing competition, weigh heavily on the near-term outlook. Investor sentiment has shifted due to concerns over execution risk and substantial capital commitments to long-horizon projects. With valuation metrics still disconnected from industry norms, the stock appears vulnerable to a downside reset, particularly in the lead-up to a volatile earnings catalyst.

TSLA has decisively broken below its 200-day moving average, closing at $227.50 and signaling a significant technical breakdown through prior support near $257. The stock now trades beneath its 20-day, 50-day, and 200-day moving averages, reinforcing the prevailing bearish trend. Price action reflects a firm shift in momentum, with sellers maintaining control into earnings. A failed rebound above the $257 zone confirms that former support has turned into resistance. A continued decline could target the $200 psychological level, with potential extension toward $190 if earnings disappoint and selling pressure intensifies.

Tesla’s fundamentals show increasing pressure from both external market forces and internal strategic decisions. Aggressive pricing aimed at defending volume is compressing margins, while global EV demand moderates. At the same time, the company’s shift toward long-term innovation adds execution risk without near-term earnings clarity. Despite strong brand recognition and long-term vision, the near-term setup remains weak.

• Forward PE Ratio: 105x vs. Industry Median 11.66x  
• Expected EPS Growth: 21.93% vs. Industry Median 5.93%  
• Expected Revenue Growth: 16% vs. Industry Median 3.02%  
• Net Margins: 7.6% vs. Industry Median 3.85%

To position for potential downside into earnings and a continuation of the technical breakdown, consider a May 16, 2025 TSLA $230/$250 call vertical spread. This trade profits fully if TSLA remains below $230 at expiration. With 24 days to expiry and earnings set for April 22, the structure benefits from elevated volatility while offering an asymmetric risk/reward profile.

TSLA – Daily

Trade Details

Strategy Details

Strategy: Short Call Vertical Spread

Direction: Bearish Credit Spread

Details: Sell to Open 2 Contracts TSLA May 16 $230/$250 Call Vertical Spreads @ $8.13 Credit per Contract.

Total Risk: This trade has a max risk of $2,374 (2 Contracts x $1,187) based on a hypothetical $100k portfolio risking 2%. We suggest risking only 2% of the value of your portfolio and divide it by $1,187 to select the # contracts for your portfolio.

Trend Continuation Signal: This is a bearish trade on a stock that is expected to continue lower over the duration of this trade.

1M/6M Trends: Bearish/Bearish

Relative Strength: 8/10

OptionsPlay Score: 106

Stop Loss: @ $16.26 (100% loss to value of premium)

View TSLA Trade

Entering the Trade

Use the following details to enter the trade on your trading platform. Please note that whenever there is a multi-leg option strategy, it should be entered as a single trade. 

PLEASE NOTE that these prices are based on Monday’s closing prices. Should the underlying move significantly during the pre-market hours, we will likely adjust the strikes and prices to reflect a more accurate trade entry. 

View TSLA Trade

DailyPlay Portfolio Review

Our Trades

AAPL – 39 DTE

Bearish Credit Spread – Apple Inc. (AAPL) – Apple continues to face growing pressure from global economic concerns and heightened U.S.–China tensions. With this position recently established, we will maintain our current stance. The company is set to report earnings on Thursday, May 1, after the market close.

BAC – 25 DTE

Bullish Debit Spread – Bank of America (BAC) – BAC announced its earnings report last week, and the company’s stock made a solid upside move following the announcement. We are looking for the upside momentum to continue, and we will stay the course for now.

JPM – 39 DTE

Bearish Credit Spread – JPMorgan Chase & Co. (JPM) – JPM recently announced earnings, and the company’s stock has leaned bearish after the report but remains volatile following the announcement. We are profitable on the position and intend to stay the course for now.

MSI – 25 DTE

Bearish Debit Spread – Motorola Solutions Inc. (MSI) – The MSI position is currently not profitable, but with ample time remaining on the option contracts, we will maintain the trade for now. The company is scheduled to report earnings on Thursday, May 1st.

NVDA – 151 DTE

Bullish Long Call – NVIDIA Corp. (NVDA) – Despite recent news pushing the stock lower, we remain bullish on NVDA due to its strong fundamentals. In the short term, we may consider selling call premium to take advantage of the elevated volatility. The company is not expected to report earnings until Wednesday, May 28.

TSLA – 11 DTE

Bearish Debit Spread – Tesla, Inc. (TSLA) – Our Tesla position is currently profitable. We remain bearish and plan to hold steady for now. The company is set to report earnings on Tuesday, April 22, after market close.

Closing Trade

• AMZN – 30% gain: Sell to Close 2 Contracts (or 100% of your Contracts) May 16 $200/$175 Put Vertical Spreads @ $16.95 Credit. DailyPlay Portfolio: By Closing both Contracts, we will receive $3,390. We initially opened these 2 Contracts on March 2 @ $13.02 Debit. Our gain on this trade, therefore, is $786.

AAPL Bearish Opening Trade Signal

Investment Rationale

Apple Inc. (AAPL) is facing increasing macroeconomic and geopolitical challenges that threaten its elevated valuation and highlight potential downside risk. The company’s significant exposure to China, both through its supply chain and as a key consumer market, leaves it particularly susceptible to renewed tensions between the United States and China. Although some consumer electronics remain temporarily exempt from tariffs, the introduction of new 20 percent tariffs on Chinese goods, along with slowing global growth and weakening iPhone demand, creates a difficult environment for Apple’s margins and earnings potential. With the stock already down 27 percent from recent highs and trading at a premium relative to peers, the risk-reward profile has shifted to the downside. Apple is scheduled to report earnings on Thursday, May 1, after the market closes.

Following the recent tariff exemption news, AAPL attempted to build upside momentum above the 200 level in an effort to fill a previous gap down from the 220 area. However, the move failed, and the stock quickly retreated, closing yesterday at 194.27. This failed breakout confirms 200 as short-term resistance. Elevated volume during the reversal underscores the importance of this level. Since October 2024, AAPL has steadily underperformed the S&P 500, highlighting broader relative weakness. Momentum remains negative, with the MACD showing a sustained bearish crossover, the MACD line remaining below the signal line, and a persistently negative histogram. AAPL closed yesterday near a key short-term support around 194. If this area fails to hold, a decisive breakdown could open the door to a move lower toward the downside target of 170.

AAPL’s valuation remains elevated despite signs of growth deceleration and rising input costs from trade tensions. While net margins still outpace peers, the premium may be hard to justify given macro pressures and limited upside in key product segments.

• Forward PE Ratio: 27.25x vs. Industry Median 14.33x
• Expected EPS Growth: 9.82% vs. Industry Median 13.93%
• Expected Revenue Growth: 6.07% vs. Industry Median 5.07%
• Net Margins: 24.30% vs. Industry Median 2.38%

To express a bearish view, consider selling the AAPL May 30, 2025 195/205 call vertical, which benefits if the stock remains below $195 through expiration. With just over six weeks until expiry, this defined-risk strategy aligns with the short-term bearish outlook while limiting upside exposure in the event of an unexpected rebound.

AAPL – Daily

Trade Details

Strategy Details

Strategy: Short Call Vertical Spread

Direction: Bearish Credit Spread

Details: Sell to Open 4 Contracts AAPL May 30 $195/$205 Call Vertical Spreads @ $4.83 Credit per Contract.

Total Risk: This trade has a max risk of $2,068 (4 Contracts x $517) based on a hypothetical $100k portfolio risking 2%. We suggest risking only 2% of the value of your portfolio and divide it by $517 to select the # contracts for your portfolio.

Trend Continuation Signal: This is a bearish trade on a stock that is expected to continue lower over the duration of this trade.

1M/6M Trends: Bearish/Bearish

Relative Strength: 3/10

OptionsPlay Score: 117

Stop Loss: @ $9.66 (100% loss to value of premium)

View AAPL Trade

Entering the Trade

Use the following details to enter the trade on your trading platform. Please note that whenever there is a multi-leg option strategy, it should be entered as a single trade. 

PLEASE NOTE that these prices are based on Thursday’s closing prices. Should the underlying move significantly during the pre-market hours, we will likely adjust the strikes and prices to reflect a more accurate trade entry. 

View AAPL Trade

JPM Bearish Opening Trade Signal

Investment Rationale

We maintain a cautious outlook on JPMorgan Chase (JPM), driven by technical weakness, elevated valuation metrics, and a more guarded macroeconomic tone from management. Despite strong gains over the past year and solid Q4 earnings, CEO Jamie Dimon’s forward-looking commentary has turned conservative, highlighting risks from trade policy, inflation, and geopolitical tensions. Consumer sentiment in early 2025 has dropped to multi-year lows, discretionary spending is softening, and rising inflation expectations signal a cautious outlook. Recent earnings from Albertsons Companies highlight weakened consumer sentiment due to tariff-driven inflationary pressures, with customers prioritizing value-driven purchases. Similarly, United Airlines reported a decline in domestic coach sales, reflecting reduced discretionary spending amid economic concerns, further reinforcing the cautious economic environment.

JPM recently broke below its multi-month trading range before rebounding to test resistance around $235–$240. The broader trend has shifted to lower highs and lower lows, with a potential head-and-shoulders pattern forming on the daily chart. Momentum indicators like MACD remain bearish, and relative strength versus the S&P 500 is weakening. This bounce into resistance provides a defined-risk entry for bearish positioning, with a downside target near the $205 support area.

Despite its scale and profitability, JPM appears overvalued compared to industry peers, with forward growth expectations insufficient to justify its premium valuation.

• Forward PE Ratio: 13.0x vs. Industry Median 10.1x
• Expected EPS Growth: 5.14% vs. Industry Median 8.71%
• Expected Revenue Growth: 3.43% vs. Industry Median 3.76%
• Net Margins: 34.51% vs. Industry Median 24.93%

To express a bearish view, consider selling the JPM May 30, 2025, $235/$250 call vertical spread. This strategy profits if JPM stays below $235 through expiration, aligning with the view that the recent rally is unlikely to break out further amid valuation and macroeconomic headwinds.

JPM – Daily

Trade Details

Strategy Details

Strategy: Short Call Vertical Spread

Direction: Bearish Credit Spread

Details: Sell to Open 2 Contracts JPM May 30 $235/$250 Call Vertical Spreads @ $5.88 Credit per Contract.

Total Risk: This trade has a max risk of $1,824 (2 Contracts x $912) based on a hypothetical $100k portfolio risking 2%. We suggest risking only 2% of the value of your portfolio and divide it by $912 to select the # contracts for your portfolio.

Trend Continuation Signal: This is a bearish trade on a stock that is expected to respect resistance and continue lower over the duration of this trade.

1M/6M Trends: Bearish/Mildly Bearish

Relative Strength: 9/10

OptionsPlay Score: 104

Stop Loss: @ $11.76 (100% loss to value of premium)

View JPM Trade

Entering the Trade

Use the following details to enter the trade on your trading platform. Please note that whenever there is a multi-leg option strategy, it should be entered as a single trade. 

PLEASE NOTE that these prices are based on Tuesday’s closing prices. Should the underlying move significantly during the pre-market hours, we will likely adjust the strikes and prices to reflect a more accurate trade entry. 

View JPM Trade

NVDA Bullish Opening Trade Signal

Investment Rationale

NVIDIA Corporation (NVDA) is well-positioned for strong upside over the next year, supported by its leadership in AI, data center, and accelerated computing technologies. The company continues to benefit from secular growth trends in artificial intelligence and machine learning, with rising demand across enterprise, cloud, and edge infrastructure. While geopolitical risks remain a factor, recent tariff exemptions and NVIDIA’s supply chain diversification help de-risk the operating environment. With a durable competitive moat and broad exposure to innovation-driven verticals, NVDA offers a compelling bullish setup for growth-focused investors.

NVDA has staged a strong reversal after holding key support near $78, aligned with its 200-day moving average—signaling institutional buying interest. The stock has since cleared $110 resistance, completing a breakout from a multi-month consolidation on expanding volume. Momentum indicators confirm bullish strength, with RSI rising above 60 and MACD turning positive. NVDA is outperforming both the S&P 500 and its semiconductor peers, highlighting relative strength and leadership within the sector. A measured move projects upside toward $155, just below all-time highs, supported by favorable technical dynamics.

Despite industry-leading growth expectations and profitability metrics, NVDA trades in line with sector valuation averages, offering potential for multiple expansion. Its outsized margin profile and forward-looking growth trajectory support continued long-term outperformance.

• Forward PE Ratio: 24.60x vs. Industry Median 25.82x
• Expected EPS Growth: 28.68% vs. Industry Median 11.18%
• Expected Revenue Growth: 30.56% vs. Industry Median 11.62%
• Net Margins: 55.85% vs. Industry Median 5.98%

To express a bullish outlook, consider buying the NVDA Sep 19, 2025 $90 Call. This long call provides defined risk and leveraged exposure to upside over the next five months, targeting a potential move to $155.

NVDA – Daily

Trade Details

Strategy Details

Strategy: Long Call

Direction: Bullish Call

Details: Buy to Open 1 Contract NVDA Sept 19 $90 Call @ $28.83 Debit per Contract.

Total Risk: This trade has a max risk of $2,883 (1 Contract x $28.83) based on a hypothetical $100k portfolio risking 2%. We suggest risking only 2% of the value of your portfolio and divide it by $28.83 to select the # contracts for your portfolio.

Counter Trend Signal: This is a bullish trade on a stock that is expected to bounce higher off recent support.

1M/6M Trends: Neutral/Bearish

Relative Strength: 3/10

OptionsPlay Score: 72

Stop Loss: @ $14.42 (50% loss of premium)

View NVDA Trade

Entering the Trade

Use the following details to enter the trade on your trading platform. Please note that whenever there is a multi-leg option strategy, it should be entered as a single trade. 

PLEASE NOTE that these prices are based on Monday’s closing prices. Should the underlying move significantly during the pre-market hours, we will likely adjust the strikes and prices to reflect a more accurate trade entry. 

View NVDA Trade

DailyPlay Portfolio Review

Our Trades

AMZN – 32 DTE

Bearish Debit Spread – Amazon.com Inc. – We are maintaining our bearish stance in AMZN, considering the ongoing bearish market conditions, and will maintain our current approach.

BAC – 32 DTE

Bullish Debit Spread – Bank of America (BAC) – We recently established this bullish trade idea ahead of its earnings report, scheduled for release before the market opens on April 15. The broader financial sector is about to take center stage with earnings season kicking off last week, led by JPMorgan Chase (JPM), Morgan Stanley (MS), and Wells Fargo (WFC). We will stay the course for now and most likely carry the position through the company’s earnings announcement.

MSI – 32 DTE

Bearish Debit Spread – Motorola Solutions, Inc. (MSI) – We recently initiated this position, and although it is currently not profitable, we have plenty of time left in the option contracts and will stay the course for now. The company is expected to report earnings on Thursday, May 1st.

TSLA – 18 DTE

Bearish Debit Spread – Tesla Inc – We recently initiated this position, and it is currently profitable. Considering the ongoing bearish market conditions, we will maintain our current approach.