By Lawrence G. McMillan One doesn’t often consider butterfly spreads or condors, say, as short-term speculative strategies. However, they can be, if you set them up that way. The main problem with butterflies, in particular, is that they don’t reach their profit potential until very near expiration (unless the strikes are extremely far apart). Typically a butterfly spread is constructed in this manner: Example:Buy 1 XYZ May 50 call @ 6 Sell 2 XYZ May 60 calls @ 2 Buy 1 XYZ May 70 call @ 1 Net debit : 3 points, or $300 The spread has limited loss and limited profit. The maximum loss is equal to the initial debit of $300 paid for the spread. The maximum loss would be incurred if XYZ were below 50 or above 70 at expiration. The maximum profit occurs at the middle strike at expiration, and in

Hello everyone! Today i want to share some trading strategies with you! 1 Looking at $ASML Holding NV(ASML)$ for an optionselling earnings trade. Writing a May 15 expiry 1080/1000 put credit spread. The 1080P strike sits just below the gap and close enough to strong volume support (point-of-control). 2 At this point, how can you not want to short $Avis Budget(CAR)$. It has no business being in the $400s.

The easiest trade of 2026 is still $NEBIUS(NBIS)$ and most of you still don’t own it YET 📈 NBIS jumped to $150, up 100% from its February low, bringing its market cap to over $38 billion. The 200 EOY target is very much still in play. Nebius has been basing under 140 the last few months and finally broke out this week. If $NBIS can continue holding above 150 a move to 200 can come fast. Trade Plan $NEBIUS(NBIS)$ above 160 Swing: $NEBIUS(NBIS)$ 5/15 200C Day Trade: $NEBIUS(NBIS)$ 4/17 165C Updates on $NEB

$GOTU$  By Lawrence G. McMillan Join Larry McMillan as he discusses the current state of the stock market on April 13, 2026. https://www.youtube.com/embed/swkoOcxjtJE$GOTU$ 

$TVIX$ $UVIX$  By Lawrence G. McMillan After bottoming near 6300 on March 30th, $SPX has rallied strongly. The first stage was an oversold rally that carried up to resistance just above 6600. Then a temporary cease-fire was announced in the Iran war, and the market exploded with a large upside gap. That move overcame a number of resistance levels, and is now testing resistance just above 6800. There are various pockets of resistance all the way up to the all-time highs at 7000. Support is harder to quantify, because that gap extends all the way down to 6615, which should be support. Let's start with the equity-only put-call ratios. The weighted ratio (Figure 3) is clearly on a buy signal, and th

TRADE PLAN for LOTTO FRIDAY 🎲 💰 $S&P 500(.SPX)$ another strong day with SPX closing above 6800. SPX is only 175 points from the ATH at 7000. SPX to 7700 once we see SPX through 7k. SPX April 10 6860C is best above 6825 tomorrow $Micron Technology(MU)$ big breakout above 400 today. MU to 470 coming fast. Let's see if MU can run to 500 this month. MU April 17 440C is best above 420 $SanDisk Corp.(SNDK)$ setting up for 1000. IF SNDK can hold above 830 as a higher low tomorrow we should see 900 by early next week. SNDK April 10 880C is best above 850. The market looks like it has bottomed, Good luck tmrw everyone!! 🫡

TRADE PLAN for Tuesday 📈 $S&P 500(.SPX)$ managed to close near 6600 today after dropping near 6580 intraday. if SPX gets through 6637 by Wednesday we can see 6720+ next. Trump's deadline for Iran is 5pm PST on Tuesday. SPX April 8 6650C is best above 6600 as a lotto. $Micron Technology(MU)$ very close to a breakout towards 400. MU needs through 384 first MU April 10 400C is best above 384 $SanDisk Corp.(SNDK)$ through 725 can run to 800 this month. Wait for more positive news in the market with Iran and $MU and $SNDK can lead the run higher. Good luck tmrw everyone!! We still have Core PCE and CPI data coming on T