Don Kaufman here.
I just wrapped up Schwab’s Trading 360 show.
Marley and Kayden had me break down three trades live on air.
Roblox. Bitcoin ETF. Netflix.
Three completely different setups. Three different strategies.
But here’s the thing…
Each one is based on the same core principle I’ve been hammering: we’re not in a “buy the dip” market anymore. This is “sell the rip” territory.
Retail traders need to shift gears. The volatility we’re seeing now isn’t like a few weeks ago. You’ve got to stay defined risk and look for significant two-sided trades.
On the show, I walked through exactly how I’m playing each name:
Roblox (RBLX) is breaking down. The fundamentals are ugly – losses quarter after quarter with a “lose money, make it up in volume” business model. I’m betting on continued decline with a December 19th put spread.
Bitcoin ETF (BIT) hit wildly oversold conditions. I’ve been bearish on crypto recently, but short-term? Time to get bullish on the bounce. Simple December 19th call play.
Netflix (NFLX) is riding post-split euphoria, but sitting at shaky support. Any real selling pressure creates a more precipitous break. I’m positioning bearish with an out-of-the-money put spread into January.
Three names. Three different directional bets. But the same systematic approach: defined risk, two-sided opportunities, and reading where this volatile market is actually heading.
Because in this market, it’s not about being bullish or bearish.
It’s about recognizing when the game has changed. And positioning yourself accordingly.
To your success,
Don Kaufman
P.S. Black Friday is on at TheoTrade, Get in on this deal before it’s too late!
