Danielle Shay's Butterfly Trade on the Strongest Sector Right Now

Danielle Shay of Simpler Trading walks her trade of the day, and the lesson is in what she skips. The semis are beaten down on support, a decent bounce spot, but as a momentum trader she'd rather buy what's already strong. So she passes on them for cybersecurity, where Palo Alto and CrowdStrike broke out above their 50-day. Her pick is a CrowdStrike call butterfly with the center strike at her target high, risking about 327 dollars to make up to 1,600. 📊 tastylive: https://www.tastylive.com/ 📰 Get Tom's pre-market analysis every morning: https://www.tastylive.com/newsletters 📘 FREE Options Strategy Guide: https://tinyurl.com/bp9ms763 📱 Follow tastylive on X: https://x.com/tastyliveshow Chapters 00:00 Starting with the Nasdaq 00:36 Below the 50-day, but a Mag 7 week 01:34 Microsoft and Amazon into earnings 02:46 The semiconductors got hit hard 04:03 The semis held the 200-day 05:34 Nvidia and Taiwan Semi at support 07:48 Why she trades relative strength 08:19 Cybersecurity is the strong sector 09:04 The CrowdStrike continuation trade 09:59 Building the butterfly at the target #tastylive #tradeoftheday #danielleshay #butterfly #relativestrength #cybersecurity #crowdstrike #optionsstrategy #optionstrading #stockmarket tastylive is a real financial network, producing hours of live programming every day. Follow along as our experts navigate the markets, provide actionable trading insights, and teach you how to trade. With over 120 original segments, and over 25 personalities, we'll help you take your trading to the next level, whether you are new to trading or a seasoned veteran. tastylive content is created, produced, and provided solely by tastylive, Inc. ("tastylive") and is for informational and educational purposes only. It is not, nor is it intended to be, trading or investment advice or a recommendation that any security, futures contract, digital asset, other product, transaction, or investment strategy is suitable for any person. Trading securities, futures products, and digital assets involve risk and may result in a loss greater than the original amount invested. Investment information provided may not be appropriate for all investors and is provided without respect to individual investor financial sophistication, financial situation, investing time horizon or risk tolerance. Options, futures, and futures options are not suitable for all investors. Prior to trading securities, options, futures, or futures options, please read all applicable risk disclosures, including, but not limited to, the Characteristics and Risks of Standardized Options Disclosure and the Futures and Exchange Traded Options Risk Disclosure Statement found at https://tastytrade.com/disclosures/. Past performance is not indicative of future results. Performance is not presented net of all commissions, fees, and expenses. Multi-leg option strategies incur higher transaction costs than single leg trades as they involve multiple commission charges. Examples provided are for illustrative, informational, and educational purposes only and are not intended to be reflective of results you can expect to achieve. Supporting documentation for any claims, including claims made on behalf of options programs), comparisons, statistics, or other technical data, if applicable, will be supplied upon request. tastylive, through its content, financial programming or otherwise, does not provide investment or financial advice or make investment recommendations. tastylive is not a licensed financial adviser, registered investment adviser, or a registered broker-dealer.