May 19 2025 
Weekly Wiretap Pick Of The Week: IWM
MAX Trade Potential: 48%
My Trade Plan Details:
IWM May 30 $207 calls in the low $3sStop: IWM closes below $202
Target 1: $209
Target 2: $211
Target 3: $215
My Reasoning:
From a charting perspective I like the IWM here as it was approaching the 200 SMA last week around $215 and while we have a bit to go still I like the excitement building around a possible June rate cut which could propel the IWM higher. This mornings dip could be a nice buying opportunity for me and I will remain bullish as long as the IWM stays above $200 to $202 range.
May 12 2025
Weekly Wiretap Pick Of The Week: WMT
MAX Trade Potential: 2%
My Trade Plan Details:
WMT May 16 $100 calls around $1.50 to $1.75
Stop: WMT below $95 close or sell by Wednesday close
Target 1: $102
Target 2: $103
Target 3: $105
My Reasoning:
From a charting perspective I am watching a key breakout of a double top at $99s. Over this level and I see range to $105 area with a gap to $103 right before that last high from February. Must hold support is now at the 20 SMA at $95.
May 5 2025
Weekly Wiretap Pick Of The Week: GDX
MAX Trade Potential: 140%
My Trade Plan Details:
GDX May 16 $49 calls around $.85 to $1
Stop: GDX below $45 close
Target 1: $49.80
Target 2: $51
Target 3: $53
My Reasoning:
Chart wise GDX has just fallen below the 20 SMA here around $48 as stock prices have rallied the last week or two. I will be looking for GDX to reclaim this area and possibly test $49 to $53 in the short term. A close below the 50 SMA would be bearish for me and a stop out in price.