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

ERIC CALLS

STRIKE: $14

EXR: MAY-14-21

TARGET: $14.75

MY POTENTIAL ENTRY:

above resistance 

premarket highs

SPY PUTS

STRIKE: $411

EXP: APR-21-21

TARGET: $409.5

MY POTENTIAL ENTRY:

AFTER the BREAK OF 

premarket support

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.