I was on Schwab’s Trading 360 this morning.
Ran through three trades with Rick.
Marvell, Netflix, and Meta.
All three have setups working right now, but for very different reasons.
Marvell — this is a fade. The stock’s rallied hard off the lows, and I think it’s a bear market bounce. I’m shorting it with defined risk using a put spread. But the key here is WHERE I’m getting short and WHY that level matters. Rick walked through the exact support zones and gaps that make this trade make sense.
Netflix — caught in a downtrend, but I think it’s got a short-term pop in it. Not a big one. Maybe up to $80. After that, I’m out. The question is how to structure the trade so you’re not holding the bag if it reverses. Rick showed the technical confluences that line up with my target.
Meta — another defined risk short. Targeting $520 on the downside. That’s a level it’s tested multiple times, and I think we’re going back there. But here’s the thing… Meta’s been spending like crazy on AI and we’ve heard NOTHING. No product. No buzz. Just burn. The trade structure matters here because you don’t want to get run over if I’m early.
Rick broke down all the chart levels—gaps, moving averages, volume nodes, trendlines—so you can actually SEE why these trades make sense instead of just blindly following ticker symbols.
We had about 14 minutes on air, so we moved fast. But the replay has everything.
The exact strikes. The exact expirations. The risk/reward on each one. And Rick’s full technical breakdown so you understand what you’re actually looking at.
If you want it, it’s here:
To your success,
Don Kaufman
