Sep. 17 at 6:14 PM
https://youtube.com/watch?v=yhH45kV_lDw&is=w72cM3kUCjTngH5g
$V $VLO $INTC
Visa (V): Viewed more as a tech play than a financial one. Rick notes the stock is testing support near its channel bottom (2:41-5:12), while Dan proposes a November risk-reversal trade (5:24-6:10).
• Valero Energy (VLO): Highlighted for its strong refining business and upward momentum (6:12-7:16). Rick identifies a rising wedge pattern (7:17-9:46), and Dan suggests buying the stock and writing a January 500 call to capitalize on the trend (9:55-10:59).
• Intel (INTC): Discussed following an 8.6% pop on potential SK Hynix news (11:04-11:47). Rick observes a breakout from consolidation (11:49-14:19), leading Dan to recommend an October 105/125 call spread to manage volatility while participating in the upside (14:31-15:28).