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

sCENARIO IF spy 

KEEPS GOING LOWER

SPY PUTS

STRIKE: $411

EXR: MAY-12-21

TARGET: $410

MY POTENTIAL ENTRY:

bREAK OF SUPPORT

SCENARIO IF SPY 

KEEPS GOING HIGHER

SPY CALLS

STRIKE: $416

EXR: MAY-12-21

TARGET: $425

MY POTENTIAL ENTRY:

BREAK OF RESISTANCE

SPY STRANGLE

(ADVANCED OPTION STRATEGY)

BUYING SAME QUANTITY

CONTRACTS CALLS AND PUTS

SAME EXPIRATION DATE

PUTS $411 STRIKE

CALLS $413 STRIKE

EXR: MAY-12-21

TARGET: SELL END OF DAY

OR TOMORROW MORNING

POTENTIALLY LETTING THE 

WINNER SIDE RUN

mY POTENTIAL ENTRY 

AT THE MARKET OPEN

TSLA PUTS

STRIKE: $600

EXR: MAY-14-21

TARGET: $550

MY POTENTIAL ENTRY:

AFTER BOUNCE TO RETEST

RESISTANCE

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.