Shownotes
This episode centers on navigating markets at all-time highs after last week’s FOMC head-fake. We discuss how to balance staying long with reducing risk, trimming SPX put-credit spreads, and the trade-offs of skipping entries during volatile weeks.
Brian joins to walk through his weekend watchlist and three core income strategies: in-the-money covered calls, poor man’s covered calls (diagonals), and broken-wing butterflies—including how he manages risk, targets returns, and selects trades. We also cover SPY covered calls vs. selling puts, an update on Intel’s surprise breakout, and practical ways to use mechanical strategies like Alpha Crunching’s Thursday PCS setup.
Symbols mentioned: SPX, SPY, ETSY, BABA, RKLB, INTC.