PREMARKET SUMMARY


6/08/2021


$SFIX
NEWS: Rises after Q1 Earnings Report
PREMARKET GAIN: 13%

$DADA
NEWS: Rises after Q1 Earnings Report
PREMARKET GAIN: 11%

$ASO
NEWS: Rises after Q1 Earnings Report
PREMARKET GAIN: 8%





$SFIX CALLS


STRIKE: $68

EXR: JUN-11-21

TARGET: $73


MY POTENTIAL ENTRY:

AFTER IT BREAKS THE $67.5 

RESISTANCE AREA AND 

CAN HOLD ABOVE IT


STOP LOSS 30%



$ASO CALLS


STRIKE: $40

EXR: JUN-18-21

TARGET: $43


MY POTENTIAL ENTRY:

AFTER IT BREAKS THE $41 

RESISTANCE AREA AND 

CAN HOLD ABOVE IT


STOP LOSS 30%



$SPY CALLS


STRIKE: $423

EXR: JUN-09-21

TARGET: $425


MY POTENTIAL ENTRY:

ANY PULLBACK TO $422.5 AREA

AND IS ABLE TO HOLD ABOVE IT



STOP LOSS 30%



$SPY PUTS SWING TRADE 3 DAYS


STRIKE: $422.5

EXR: JUN-11-21

FIRST TARGET: $415


MY POTENTIAL ENTRY:

AT THE $425.5 RESISTANCE

IT MAY STAYS THERE GLUED 

FOR 1-2 DAYS THAT'S WHY NEED TO 

GIVE THE TRADE MORE TIME


i WON'T ADD PUTS AT THE FIRST 

TOUCH OF RESISTANCE USUALLY 

IT STAYS A BIT LONGER THERE WITH 

SEVERAL RETEST BEFORE 

FINALLY PULLING BACK


WAITING LONGER TO ENTER IS KEY

TO AVOID TIME DECAY WITH OPTIONS

PATIENCE KEY


MY PLAN IS TO HOLD TILL FRIDAY

BUT DEPENDS HOW SITUATION DEVELOPS


STOP LOSS 30% AND ABOVE $426



SMALL POSITION

+

STOP LOSS IS KEY


CUT LOSSES QUICKLY

LET WINNERS RUN


THAT'S THE POWER OF OPTIONS



LEARN FROM MY EXPERIENCE

after thousands of trades


MOST MONEY I MADE WITHIN 

THE FIRST 30 MINUTES


90% of my losses happened

after trading longer 

than 30 minutes


STAY GREEN


SECURE PROFITS

  

STOP TRADING




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.



VIDEOS

trading journals

DISCLAIMER 
THIS IS NOT FINANCIAL ADVICE

I AM NOT A FINANCIAL ADVISOR

TRADE AT YOUR OWN RISK 

TRADING OPTIONS IS RISKY

ENTERTAINMENT PURPOSES ONLY 

TRADE SMALL POSITION
 
DON'T COPY TRADE

DON'T FOLLOW ME