$bby PUTS
STRIKE: $69
EXR: MAY-27-22
TARGET: $66.2
MY POTENTIAL ENTRY:
AFTER the break of the
$69.8 support area
STOP LOSS MAX 30%
IF IT CAN'T STAY BELOW
THE support
$dks PUTS
STRIKE: $66
EXR: MAY-27-22
TARGET: $52
MY POTENTIAL ENTRY:
AFTER A BOUNCE TO THE
$67 resistance area
STOP LOSS max 30%
IF IT CAN'T STAY BELOW
the RESISTANCE
$SPY calls
Morning Day Trade
STRIKE: $391
EXR: MAY-25-22
TARGET: $395
MY POTENTIAL ENTRY:
AFTER A pullback to
the $390.5 support line
STOP LOSS max 30%
IF IT CAN'T STAY above
THE support
$SPY Strangle
STRIKE: $2 out each side
Same Quantity calls and puts
EXR: MAY-25-22
Target: $410
MY POTENTIAL ENTRY:
1 minute before Fed minutes
STOP LOSS max 30%
If no big move happens
within 60min
$SPY calls
STRIKE: $396
EXR: MAY-25-22
Target: $410
MY POTENTIAL ENTRY:
After fed minutes and the
break of the big $396
Trendline resistance
STOP LOSS max 30%
I TRADE WEEKLY OPTIONS everyday
FOR OVER 8 YEARS NOW
IN THE PREMARKET i CREATE
A PLAN BASED ON MY EXPERIENCE
OF THOUSANDS OF TRADES
WHEN THE MARKET OPENS
i watch my selection TO BREAK
A SIGNIFICANT LEVEL WHICH
INCREASES THE PROBABILITY
OF further CONTINUATION
to the next resistance
(target)
IF IAM in THE TRADE AND THE
STOCK IS MOVING AGAINST ME OR
NOT MOVING AT ALL I STOP OUT
AND MOVE ON QUICKLY
i USE THE 2 MIN TIMEFRAME
AT THE MARKET OPEN
i USE MOSTLY MARKET ORDER
WHEN PLACING THE TRADES
i ONLY USE LIMIT ORDER IF THE BID
AND ASK PRICE IS TOO WIDE
I USE THE POWER ETRADE PLATFORM
MOST profits i MADE IN
THE FIRST 30 MINUTES
MOST MONEY I LOST AFTER TRADING
LONGER THAN 30 MINUTES