PREMARKET SUMMARY
5/24/2021
$SPCE calls
STRIKE: $26
EXR: MAY-28-21
TARGET: $27.5
MY POTENTIAL ENTRY:
IF IT CAN HOLD ABOVE $25
STOP LOSS 30%
$NVDA CALLS
STRIKE: $610
EXR: MAY-28-21
TARGET: $620
MY POTENTIAL ENTRY:
AFTER THE BREAK OF THE
$610 RESISTANCE ZONE
STOP LOSS 30%
$BYND CALLS
STRIKE: $112
EXR: MAY-28-21
TARGET: $115
MY POTENTIAL ENTRY:
AFTER THE BREAK OF THE
$111 RESISTANCE ZONE AND
CAN HOLD ABOVE IT
STOP LOSS 30%
$F CALLS
STRIKE: $13.5
EXR: MAY-28-21
TARGET: $14
MY POTENTIAL ENTRY:
AFTER THE BREAK OF THE
$13.6 RESISTANCE ZONE AND
ABLE TO HOLD ABOVE IT.
STOP LOSS 30%
$SPY
CALLS ABOVE $418.2
PUTS BELOW $413.4
STRIKE: AT THE MONEY
EXR: MAY-26-21
STOP LOSS 30%
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.