PREMARKET SUMMARY
03/24/2023
$SCO
Oil declines amid bank concerns
$BIDU
Potential break of $155 key resistance
$SNAP
Snap Monetizes AR Capabilities
With AR Enterprise Services Launch
TOP STOCKS TO WATCH
AT THE MARKET OPEN
WHEN THE MARKET OPENS I WAIT AND WATCH
WHAT STOCK CAN BREAK A SIGNIFICANT LEVEL
FOR POTENTIAL CONTINUATION
$BIDU calls
STRIKE: $155
EXP: MAR-24-23
TARGET: $158
MY POTENTIAL ENTRY:
IF IT BREAKS $155 RESISTANCE
STOP LOSS MAX 30%
IF IT DOESN'T HOLD above
RESISTANCE
$SNAP calls
STRIKE: $11.5
EXP: MAR-24-23
TARGET: $12
MY POTENTIAL ENTRY:
IF IT BREAKS $11.6 RESISTANCE
STOP LOSS MAX 30%
IF IT DOESN'T HOLD above
RESISTANCE
$SCO calls
STRIKE: $31
EXP: APRIL-14-23
TARGET: $32.4
MY POTENTIAL ENTRY:
IF IT BREAKS 31.3 RESISTANCE
STOP LOSS MAX 30%
IF IT DOESN'T HOLD above
RESISTANCE
$UVXY CALLS
STRIKE: $6
EXP: MAR-24-23
TARGET: $6.75
MY POTENTIAL ENTRY:
IF IT BREAKS $6.3 RESISTANCE
STOP LOSS MAX 30%
IF IT DOESN'T HOLD ABOVE
RESISTANCE
$SPY PUTS
STRIKE: $389
EXP: MARCH-24-23
TARGET: $386
MY POTENTIAL ENTRY:
IF IT BREAKS BELOW 389 SUPPORT
STOP LOSS MAX 30%
IF IT DOESN'T STAY BELOW
SUPPORT
THIS IS MY PREMARKET THAT I CREATE
EVERYDAY FOR MYSELF TO PREPARE
FOR THE MARKET OPEN
I SHARE THIS PLAN WITH YOU TO LEARN FROM
MY 8+ YEARS OPTIONS TRADING EXPERIENCE
THE POTENTIAL TARGET PRICE DOES NOT MEAN
THE STOCK WILL GO TO THE TARGET
I CREATE ROUGH ESTIMATES BASED ON WHAT I SEE
PREMARKET IN A POTENTIAL BEST CASE SCENARIO
MOST MONEY I MADE IN THE FIRST 30MIN AFTER
MOST MONEY I MADE IN THE FIRST 30MIN AFTER
THE MARKET OPEN AND MOST LOSSES HAPPENED
AFTER TRADING LONGER THAN 30MIN
WHILE I CREATE THIS PLAN DURING THE PREMARKET
IT'S THE PRICE ACTION AT THE MARKET OPEN
THAT MATTERS IN THE END
AT THE MARKET OPEN STOCKS CAN SUDDENLY
CRASH DOWN, GO VERTICAL UP
OR DON'T MOVE AT ALL
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DISCLAIMER
DO NOT BASE ANY
INVESTMENT DECICIONS
BASED ON THETRADEWAR LLC
PREMARKET PLAN
WE DO NOT GUARANTEE THAT
THE INFORMATION FOUND
IN THIS PLAN IS CORRECT
ENTERTAINMENT PURPOSES ONLY
THIS IS NOT FINANCIAL ADVICE
TRADE AT YOUR OWN RISK
TRADING OPTIONS IS RISKY
TRADE SMALL POSITION
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