Danielle Shay Gum Options Daily Video

Eyeing a Short Squeeze in Sleep Number.

I love a good short squeeze directly before an earnings report, especially when the stock is trading right near all-time highs. Let’s look at the chart, and I’ll walk through my trading ideas.

Danielle Shay Options daily

Stuck at $2,900?

Today was a very slow trading day — but the market closed at its highs and is knocking at $2,900. I’m cautious here as the market is and has been extended, but at the same time, I have some great lower time frame setups in AVGO, ADBE, NOW, CRM, ETSY and MSFT. For now, I’m staying long but quick on my feet in case something changes.