The Big 3: LNG, TSLA, UBER

The Schwab Network's 'Big 3' episode dives into three high-conviction trades amid volatile market conditions driven by geopolitical tensions and macroeconomic data. Scott Bauer, CEO of Prosper Trading Academy, argues that despite recent pullbacks, Tesla and Uber remain compelling entry points due to extreme implied volatility and oversold technical setups—favoring defined-risk credit strategies like iron condors and call spreads. Chenier Energy (LNG) is highlighted as a geopolitical beneficiary, with Bauer executing a bullish iron condor on its elevated volatility. Rick Ducat provides technical validation, noting LNG’s strong support near $271 and resistance near $300, while Tesla’s breakdown below key moving averages and heavy volume at $340–$320 signals potential oversold opportunity. Uber, though in a downtrend, shows early signs of stabilization with bullish divergence in RSI and a dense volume node at $72–$75. The episode underscores a tactical approach: trade volatility, not direction, especially with inflation data and Fed minutes looming. The core thesis? In a headline-driven week, defined-risk options strategies offer asymmetric upside in uncertain markets. Key takeaways include leveraging iron condors on overvalued volatility in energy and tech names, targeting specific technical zones for entries, and using volume profile to identify high-probability breakout or consolidation areas—especially in names like Uber that have been oversold but show structural support.