THE ESTIMATED TARGET DOESN'T
MEAN THAT THE STOCk or etf
WILL GO to the target.
THIS IS MY PREMARKET PLAN
WITH POTENTIAL TARGETS AND
ESTIMATES so you can see
how I prepare for
the market open.
ONLY THE PRICE ACTION AT THE
MARKET OPEN MATTERS.
PREMARKET PLAN
COIN CALLS
STRIKE: $302.5
EXR: MAY-07-21
TARGET: $310
MY POTENTIAL ENTRY:
ABOVE RESISTANCE
$305 AREA
RIOT CALLS
STRIKE: $45
EXR: MAY-07-21
TARGET: $47.5
MY POTENTIAL ENTRY:
ABOVE RESISTANCE
$45 AREA
SPY CALLS
STRIKE: $419
EXR: MAY-03-21
TARGET: $420
MY POTENTIAL ENTRY:
ABOVE RESISTANCE
$419.5 AREA
GILT CALLS
STRIKE: $10
EXR: MAY-14-21
TARGET: $12
MY POTENTIAL ENTRY:
ABOVE RESISTANCE
$11 AREA
Stop Loss: My max loss
tolerance of any trade is 30%
I TRADE ALWAYS SMALL POSITIONS
SMALL POSITION + STOP LOSS IS KEY
Beginner guide:
No experience and or can't
tolerate any losses:
Only paper trading
Some experience and can
tolerate small losses:
Only 1 contract
(max $300)
Stocks can suddenly crash down
or burst to the upside.
I may change my own plan
at any given moment.