Daily Market Analysis

2025-10-20

Mark As Read
Mark As Read

Review our intraday commentary to learn how we interpret price action and build a market narrative.

Drag the blue slider to reveal the day's price action. Dots on the timeline represent comments and can be clicked. View the table below for all market-related comments and annotated charts (including those from after hours).

Abbreviated Comments View all

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09:45:45
Pete
Long JNJ Nov (21) $190/195 CDS for $3.00 Db. That was the trade from the video yesterday. Just did 1 contract to leave it open to those of you looking at the trade.
09:56:02
Pete
I like AAPL here. Just want to see if it holds gains during a market dip.
09:57:48
Pete
Have you ever noticed how your toughest fills are usually your best trades. When I entered JNJ this morning the stock was up and the spread was $3.70 ITM. I thought, "Well they gave me that $3 fill pretty easily."...
09:58:40
Pete
This is also why it is best to scale in. When you get an easy fill, hold off on the rest for a bit.
10:18:39
Pete
Light volume. The candles on this gap and go are not very convincing. Let's see if this bullish cycle produces. If not, we are likely to probe for support.
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