PREMARKET SUMMARY
8/19/2021
TOP STOCKS TO WATCH
AT THE MARKET OPEN
$NVDA PUTS
STRIKE: $195
EXR: AUG-20-21
TARGET: $190
MY POTENTIAL ENTRY:
AFTER ANOTHER RETEST OF
THE $196 RESISTANCE AREA
STOP LOSS MAX 30%
IF IT BREAKS RESISTANCE
$SPY CALLS
STRIKE: $437
EXR: AUG-20-21
TARGET: $438
MY POTENTIAL ENTRY:
AFTER THE BREAK OF THE
$436.3 RESISTANCE
$SPY PUTS
STRIKE: $434
EXR: AUG-20-21
TARGET: $433
MY POTENTIAL ENTRY:
AFTER THE BREAK OF THE
$434.86 SUPPORT
STOP LOSS MAX 30%
IF IT CAN'T HOLD ABOVE
RESISTANCE FOR CALLS
AND IF IT CAN'T STAY
BELOW SUPPORT FOR PUTS
$SNPS CALLS
STRIKE: $310
EXR: AUG-20-21
TARGET: $315
MY POTENTIAL ENTRY:
AFTER THE BREAK OF THE
$305 RESISTANCE
STOP LOSS max 30%
IF IT CAN'T HOLD ABOVE
RESISTANCE
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
