PREMARKET SUMMARY
5/21/2021
$DECK calls
STRIKE: $330
EXR: MAY-21-21
TARGET: $345
MY POTENTIAL ENTRY:
after the break of the
$336 resistance zone
STOP LOSS 30%
$PANW CALLS
STRIKE: $365
EXR: MAY-21-21
TARGET: $375
MY POTENTIAL ENTRY:
AFTER THE BREAK OF THE
$365 RESISTANCE ZONE
STOP LOSS 30%
$SPCE CALLS
STRIKE: $21
EXR: MAY-21-21
TARGET: $22.5
MY POTENTIAL ENTRY:
AFTER THE BREAK OF THE
$21 RESISTANCE ZONE
fORMING pOTENTIAL
CUP WITH HANDLE
STOP LOSS 30%
$COIN CALLS
STRIKE: $240
EXR: MAY-21-21
TARGET: $250
MY POTENTIAL ENTRY:
AFTER THE BREAK OF THE
$240 RESISTANCE ZONE
STOP LOSS 30%
$SPY CALLS
STRIKE: $417
EXR: MAY-21-21
TARGET: $420
MY POTENTIAL ENTRY:
AFTER THE BREAK OF THE
$417.5 RESISTANCE ZONE
STOP LOSS 30%
YOU DON'T NEED A HIGH WIN RATE
OR BIG ACCOUNT TO BE PROFITABLE
SMALL POSITION
+
STOP LOSS IS KEY
CUT LOSSES QUICKLY
LET WINNERS RUN
THAT'S THE POWER OF OPTIONS
EXAMPLE Q1 PROFITS
STOP LOSS: MY MAX LOSS
TOLERANCE OF ANY TRADE IS 30%
THE ESTIMATED TARGET DOESN'T
MEAN THAT THE STOCK OR ETF
WILL GO TO THE TARGET.
ONLY THE PRICE ACTION AT THE
MARKET OPEN MATTERS
TRADE ON YOUR OWN
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.