Trading the Rotation: Weak Tech and Strong Energy Stocks | Long Verticals & Diagonals

Long Verticals & Diagonals | Connie Hill, CMT | 7-23-26 Characteristics and Risks of Standardized Options. https://bit.ly/2v9tH6D Markets don't stay bullish forever, and traders need to adapt when conditions change. In this week's webcast, we examined the bearish tone developing across the market, particularly among many of the technology names in the Magnificent 7. With market leadership showing signs of weakness, we discussed how changing conditions can create potential opportunities for both bullish and bearish strategies. To take advantage of current market trends, we entered two new example trades. One trade was designed to capitalize on the recent weakness in the market, while the second focused on the continued strength in crude oil prices and the opportunities emerging within the energy sector. A significant portion of successful trading involves managing existing positions, not just finding new ones. We reviewed several active positions, including long verticals and traditional diagonal spreads, and discussed the decisions traders face when positions fail to perform as expected. During the session, we took profits on one position, rolled another to extend the trade opportunity, and closed a third position for a significant loss, highlighting the importance of disciplined risk management. Some stocks are expensive and even their options are costly! Join your education coach to discover an option strategy that allows you to consider options with those expensive underlying stocks with relative low amounts of capital. Learn the risks and how to trade and manage long vertical and diagonal spreads. 1023-34RR Options carry a high level of risk and are not suitable for all investors. Certain requirements must be met to trade options through Schwab. Please read the Options Disclosure Document titled "Characteristics and Risks of Standardized Options" before considering any option transaction. Playlist for Long Verticals & Diagonals Playlist: https://tinyurl.com/u3yku4u2 Follow me on social media! X: https://x.com/ConnieHillCS Previous Webcasts: The Ins and Outs of Diagonals: https://youtube.com/live/q-FhcB0Zzto Diagonal Spread Checkup: Was it Worth it? https://youtube.com/live/zM-RfIE7gQQ Call and Put Diagonal Adjustments Explained: https://youtube.com/live/-3QCaBsFDLE Ways to Trade Bearish Setups With Long Put Verticals:    • This Pattern Could Signal Weakness: SPX & ...   Demo: 2&3 Day Debit Spreads: https://youtube.com/live/ahu1Uy6nngQ?... Stop Guessing! Why Traders Use This Options Scan: https://youtube.com/live/N0WiZovtgGw Spreads: Why You Don't Need Max Profit: https://youtube.com/live/o2Tm9isK5mk We Took Profits at 85%... Here's Why:    • Options Trading: Long Call Verticals & Sma...   Are Diagonal Spreads Worth it?: https://youtube.com/live/_gR36exoFss Scripts are for educational purposes only, are not a recommendation, and are not guaranteed for time or accuracy. http://tos.mx/msjjnVJ 3 Month http://tos.mx/DVrCHzs 1 month Scan Shared: http://tos.mx/!DvJJblSF #TraderTalks #SchwabCoaching #conniehill #Diagonals