PREMARKET SUMMARY
5/17/2021
DISCA CALLS
STRIKE: $42.5
EXR: MAY-21-21
TARGET: $45
MY POTENTIAL ENTRY:
AFTER THE BREAK OF THE
RESISTANCE$42.8 AND CAN
HOLD THE GAINS
T CALLS
STRIKE: $34
EXR: MAY-21-21
TARGET: $35
MY POTENTIAL ENTRY:
AFTER THE BREAK OF THE
RESISTANCE $34 AND CAN
HOLD THE GAINS
$spy CALLS ABOVE $418 RESISTANCE
$spy PUTS BELOW $410 SUPPORT
STRIKE: AT THE MONEY
EXR: MAY-21-21
$AMC PUts
STRIKE: AT THE MONEY
EXR: MAY-21-21
MY POTENTIAL ENTRY:
at the resistance $14.2 or break
of the support $13
chart Pattern:
potential bearish
head with shoulders
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.