This week's read

The market’s weak. Breadth is poor. Most charts that looked OK last week are rolling.

There are very few buy-the-dip names worth taking. Most of this week's work is the other direction — fading rallies, selling call premium where IV pays, defined-risk hedges instead of outright shorts.

What's on the board

  • HACK (Cyber Security) is the most interesting: CSCO, FFIV, ATEN, FTNT, OKTA — actionable setups on the leaders, fade candidates on the underperformers

  • XLC (Communications) revealing bear trade candidates if we get another rally: TTD, T, and META.

  • And more…

In the full session below

The specific strikes, expirations, stops, and targets for each name — including the exact spreads I'm placing this week, the IV/liquidity reads behind each, and where I'd exit early if the setup breaks.

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