Weekly Wiretap Pick Of The Week WMT

MAX Trade Potential: 133%

My Trade Plan Details:

• WMT Sept 26 $96 calls around $2.40s to $2.50

• Stop: WMT closes below $93.20

• Target 1: $99
  
• Target 2: $101
• Target 3: $104s
  

My Reasoning:

Here are 4 reasons why I like XOM calls right now,

1. Major analyst upgrades and high price targets

2. Market Performance & Operational Momentum

3. Institutional Investor Activity

4. Sector Context & Long-Term Potential

Weekly Wiretap Pick Of The Week XOM

MAX Trade Potential: 100%

My Trade Plan Details:

XOM Sept 12 $110 Calls around $2.50 to $2.80

Stop: XOM closes below $108

• Target 1: $114s
  
• Target 2: $115s
• Target 3: $117s
  

My Reasoning:

Here are 5 reasons why I like XOM calls right now,

1. Analyst Upgrades Suggest Significant Upside

2. Growth Projects Fueling Future Earnings Potential

3. Institutional Investors Taking Large Positions

4. Mixed–but Potentially Favorable technical Signals

5. Sector & Market Tailwinds

Weekly Wiretap Pick Of The Week WMT

MAX Trade Potential: 37%

My Trade Plan Details:

• WMT Sept 5 $99 Calls around 3.20 to $3.50 area

• Stop: WMT closes below $97

• Target 1: $102
  
• Target 2: $103
• Target 3: $104
  

My Reasoning:

Here are 4 reasons why I like WMT calls right now,

1. Bullish Analyst Sentiment & Earnings Momentum

2. Unusually High Call Option Activity

3. Improving Institutional Confidence

4. Macro Tailwinds and Timing

Weekly Wiretap Pick Of The Week HOOD

MAX Trade Potential: 16%

My Trade Plan Details:

• HOOD Aug 29 $120 calls at 4.40s to $4.60s
• Stop: HOOD closes below $105
• Target 1: $120
  
• Target 2: $123
• Target 3: $125
  

My Reasoning:

Chart wise, HOOD is rolling to new all time highs and could be on the verge of breaking $120 mental resistance. Higher highs and higher lows make me think this is a great short to medium term trade idea.

Weekly Wiretap Pick Of The Week QQQ

Trade didn’t work out -100%

(can’t win them all!)

My Trade Plan Details:

• QQQ August 8 $561 Puts around $6
• Stop: QQQ closes above $563
• Target 1: $555
  
• Target 2: $553
• Target 3: $551
  

My Reasoning:

Chart wise, like the SPY, the QQQ’s have fallen below their 20 SMA for the first time in a long time. I could see this as possible resistance now at $560 area, so being a little patient on this trade might be a good idea. Meaning I’ll look for a small run up early, then possible fade mid day / late day. There is a gap to $564 also on the QQQ’s so if the run is super strong this morning, that would be something to watch out for. I’ll watch for a possible drop back to the $553 area today to close the gap back down. I just think it’s going to be a little rough for a few days before we get back to being bullish again.

Weekly Wiretap Pick Of The Week NVDA

MAX Trade Potential: 23%

My Trade Plan Details:

• NVDA August 8 $175 Calls around $3.80s to $4

• Stop: NVDA closes below $170

• Target 1: $178
  
• Target 2: $80
• Target 3: $182
  

My Reasoning:

Chart wise, NVDA is popping $175 previous highs and could be on the move to $180s this week which would make a lot of sense seeing the markets condition and strong earnings from other tech stocks. I think NVDA momentum will continue to build into their earnings release soon.

I was on VACATION this week – members received Jeff Bishop’s Bullseye Trade idea!

Weekly Wiretap Pick Of The Week HOOD

MAX Trade Potential: 219%

My Trade Plan Details:

• HOOD July 25 $101 Calls around $4 to $4.20s
• Stop: HOOD closes below $94
• Target 1: $102
  
• Target 2: $105
• Target 3: $108
  

My Reasoning:

Chart wise, HOOD is pushing another all time high here and looking to break $100 once again. I think if Bitcoin continues to surge to $125k or $130k HOOD can push to $105 to $108 areas. I like HOOD as long as we stay above the 10 EMA here which seems to be its current bounce again on dips.

Weekly Wiretap Pick Of The Week AAPL

MAX Trade Potential: 105%

My Trade Plan Details:

• AAPL July 18 $215 Puts around $4 to $4.20

• Stop: AAPL closes ABOVE $216

• Target 1: $211
  
• Target 2: $209
  
• Target 3: $206
  

My Reasoning:

1. China / Global Risk Exposure

• Apple has high exposure to China for both manufacturing and sales. Ongoing geopolitical tensions or regulatory threats in China (e.g., iPhone bans in government agencies) could spook investors.

• Slowdowns in global iPhone or services demand (especially in emerging markets) would pressure margins.

2. Broad Market Correction Risk

• If the Nasdaq or S&P 500 is showing signs of a pullback, large-cap tech like AAPL often gets hit too.

• Rising yields or concerns over the Fed staying hawkish can weigh on tech stocks, especially megacaps like Apple.

Weekly Wiretap Pick Of The Week CAT

MAX Trade Potential: 284%

My Trade Plan Details:

• CAT July 11 $390 calls around $3.50 to $4

• Stop: CAT below $375 for the close

• Target 1: $390
  
• Target 2: $395
  
• Target 3: $400
  

My Reasoning:

Technically, CAT is nearing an all time high of $414 but we have some distance before that. I like the next chart highs of $400 and $407 for possible medium term swing targets but $390 and $395 as more short term targets. Higher highs and higher lows for a while now makes me feel good about this swing into mid week.