PREMARKET SUMMARY

5/16/2022

$NFLX

Wedbush Upgrades Netflix to Outperform

$NIO

Nio attracts buy rating from BofA on

expectation for second half turnaround

$TTD

Upgrade by Stifel

$SPY

On watch for a gap fill to the

upside or downside

TOP STOCKS TO WATCH

AT THE MARKET OPEN

WHEN THE MARKET OPENS I WAIT AND WATCH

WHICH STOCK CAN BREAK A SIGNIFICANT LEVEL

FOR POTENTIAL CONTINUATION

$NIO CALLS

STRIKE: $15

EXR: MAY-20-22

TARGET: $16

MY POTENTIAL ENTRY:

AFTER THE BREAK OF THE

$15 RESISTANCE

STOP LOSS MAX 30%

IF IT CAN'T STAY ABOVE

THE RESISTANCE

$NFLX CALLS

STRIKE: $192.5

EXR: MAY-20-22

TARGET: $195

MY POTENTIAL ENTRY:

AFTER A PULLBACK TO THE

$191 SUPPORT TRNEDLINE

STOP LOSS max 30%

IF IT CAN'T STAY ABOVE

the SUPPORT

$TTD calls

STRIKE: $56

EXR: MAY-20-22

TARGET: $57.5

(if resistance breaks)

MY POTENTIAL ENTRY:

AFTER THE BREAK OF THE

$55 RESISTANCE

STOP LOSS max 30%

IF IT CAN'T STAY above

THE RESISTANCE

$spy calls

STRIKE: $402

EXR: MAY-16-22

TARGET: $410

MY POTENTIAL ENTRY:

AFTER THE BREAK OF THE

$401.8 RESISTANCE

STOP LOSS max 30%

IF IT CAN'T STAY above

THE RESISTANCE

$spy PUTS

STRIKE: $400

EXR: MAY-16-22

TARGET: $390

MY POTENTIAL ENTRY:

AFTER THE BREAK OF THE

$400 SUPPORT

STOP LOSS max 30%

IF IT CAN'T STAY BELOW

THE SUPPORT

HOW I TRADE

I TRADE WEEKLY OPTIONS everyday

FOR OVER 6 YEARS NOW

IN THE PREMARKET i CREATE

A PLAN BASED ON MY EXPERIENCE

OF THOUSANDS OF TRADES

WHEN THE MARKET OPENS

i watch my selection TO BREAK

A SIGNIFICANT LEVEL WHICH

INCREASES THE PROBABILITY

OF further CONTINUATION

to the next resistance

(target)

IF IAM in THE TRADE AND THE

STOCK IS MOVING AGAINST ME OR

NOT MOVING AT ALL I STOP OUT

AND MOVE ON QUICKLY

i USE THE 2 MIN TIMEFRAME

AT THE MARKET OPEN

i USE MOSTLY MARKET ORDER

WHEN PLACING THE TRADES

i ONLY USE LIMIT ORDER IF THE BID

AND ASK PRICE IS TOO WIDE

I USE THE POWER ETRADE PLATFORM

MOST profits i MADE IN

THE FIRST 30 MINUTES

MOST MONEY I LOST AFTER TRADING

LONGER THAN 30 MINUTES

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 6+ 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

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

VIDEOS

trading journal

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

DON'T COPY TRADE

DON'T FOLLOW ME