PREMARKET SUMMARY
11/01/2021
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
$x CALLS
STRIKE: $27.5
EXR: nov-05-21
TARGET: $28
MY POTENTIAL ENTRY:
After the break of the
$27 resistance
STOP LOSS max 30%
IF IT CAN'T HOLD ABOVE
the RESISTANCE
$hog CALLS
STRIKE: $41
EXR: nov-05-21
TARGEt: $42
MY POTENTIAL ENTRY:
AFTER THE BREAK OF THE
$40 RESISTANCE
STOP LOSS MAX 30%
IF IT CAN'T HOLD ABOVE
THE RESISTANCE
$tsla CALLS
STRIKE: $1140
EXR: NOV-05-21
TARGEt: $1200
MY POTENTIAL ENTRY:
pullback to $1125
support area
STOP LOSS MAX 30%
IF IT CAN'T HOLD ABOVE
the support
$plug CALLS
STRIKE: $41
EXR: nov-05-21
TARGEt: $42
MY POTENTIAL ENTRY:
AFTER THE BREAK OF THE
$40.5 RESISTANCe
STOP LOSS MAX 30%
IF IT CAN'T HOLD ABOVE
THE RESISTANCE
SPY might complete the 2020 crash pattern this week
in alignment with the FED meeting looming +
RSI could move into overbought territory
As of this moment I will buy SPY put options
Tomorrow or Wednesday before the fed meeting
for potential swing trade. High risk trade
SPY Put Options Expiration NOV 05 Strike 460
I don't buy today. Patience.
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
