$MRNA, trading it 1/12For 1/12, intraday trading ideas for options; For red or green market day. #options #daytrading
Break over 229 (entry, long), it can see 234-239 (exit)
Break below 220 (entry, short), it can see 209-214 (exit)
Option Trading 101:
Risk what you can lose (0.5%-5%)
Watch buyers and sellers (their interactions & sentiment, ex. exhaustion of buying or selling, etc.) in strikes that you’re watching & the ticker too; this is how YOU manage YOUR trade.
Consider following and checking out bio and prior posts and recaps (on twitter ), have a great one. NOT FINANCIAL ADVICE.
Options
$QQQ, trading it 1/12For 1/12, intraday trading ideas for options; For red or green market day. #options #daytrading
Break over 387.5 (entry, long), it can see 391-394 (exit)
Break below 380 (entry, short), it can see 374-376 (exit)
Option Trading 101:
Risk what you can lose (0.5%-5%)
Watch buyers and sellers (their interactions & sentiment, ex. exhaustion of buying or selling, etc.) in strikes that you’re watching & the ticker too; this is how YOU manage YOUR trade.
Consider following and checking out bio and prior posts and recaps (on twitter ), have a great one. Not financial advice.
$COIN, trading it 1/11For 1/11, intraday trading ideas for options; For red or green market day. #options #daytrading
Break over 228 (entry, long), it can see 235-238 (exit)
Break below 214 (entry, short), it can see 200-205 (exit)
Option Trading 101:
Risk what you can lose (0.5%-5%)
Watch buyers and sellers (their interactions & sentiment, ex. exhaustion of buying or selling, etc.) in strikes that you’re watching & the ticker too; this is how YOU manage YOUR trade.
Consider following and checking out bio and prior posts and recaps (on twitter ), have a great one. Not financial advice.
$QQQ, trading it 1/11For 1/11, intraday trading ideas for options; For red or green market day. #options #daytrading
Break over 382 (entry, long), it can see 385-386 (exit)
Break below 375 (entry, short), it can see 371-372 (exit)
Option Trading 101:
Risk what you can lose (0.5%-5%)
Watch buyers and sellers (their interactions & sentiment, ex. exhaustion of buying or selling, etc.) in strikes that you’re watching & the ticker too; this is how YOU manage YOUR trade.
Consider following and checking out bio and prior posts and recaps (on twitter), have a great one. Not financial advice.
A Bearish Bet Against US Crude Oil PricesI will be buying some slightly ITM Calls here expiring in the middle of April in anticipation for US Oil to potentially go down by the end of the Quarter due to the Fed's monetary tightening.
The technicals look good for this Bearish ETF; Bullish Divergence visible on both the MACD and RSI and along with that we are at the PCZ of a Bullish ABCD.
IWM Put Credit Spread (see related) into a ICIWM continued to fall today, so I decided to look on the call side to turn this into an Iron Condor.
Why?
1. Condors do not increase margin over a spread
2. IWM has been range bound
3. Large cushion past 2 resistance points
4. Additional Credit recieved
Opened Feb 2nd 236/238 IC for a 0.22 cent credit.
$UPST, trading it 1/11For 1/11, intraday trading ideas for options; For red or green market day. #options #daytrading
Break over 116 (entry, long), it can see 123-126 (exit)
Break below 107 (entry, short), it can see 97-100 (exit)
Option Trading 101:
Risk what you can lose (0.5%-5%)
Watch buyers and sellers (their interactions & sentiment, ex. exhaustion of buying or selling, etc.) in strikes that you’re watching & the ticker too; this is how YOU manage YOUR trade.
Consider following and checking out bio and prior posts and recaps (on twitter ), have a great one. Not financial advice.
$COIN: Bearish ABCD BAMM Triggered From the looks of it Coinbase may be getting ready to make a reciprocal ABCD movement downward as it's threatening to break through the B level and beginning to enter a CD leg that would take us down to the 1.414 Fibonacci Extension.
In an effort to trade this movement I will be buying 7 of the (18 FEB 22 $200 PUTS) that are currently trading at a premium of $8.70 a piece.
SPY-day trade for 1/12/2002I have mentioned SPY trades. I don't analyze future ,I play accordingly. I can play both sides but just letting you know I see a lot of resistances on the the up side. If you are in a call exit where I have mentioned and If your a Bear tomorrow exit at PT 1. I am still bearish as a lot of resistances on upside and a lot of reward for bears. Do your DD.
"A quality of a day trader is to trade on both sides".
$NVDA, trading it 1/11For 1/11, intraday trading ideas for options; For red or green market day. #options #daytrading
Break over 277 (entry, long), it can see 284-288 (exit)
Break below 264 (entry, short), it can see 255-258 (exit)
Option Trading 101:
Risk what you can lose (0.5%-5%)
Watch buyers and sellers (their interactions & sentiment, ex. exhaustion of buying or selling, etc.) in strikes that you’re watching & the ticker too; this is how YOU manage YOUR trade.
Consider following and checking out bio and prior posts and recaps (on twitter ), have a great one. Not financial advice.
$TSLA, trading it 1/11For 1/11, intraday trading ideas for options; For red or green market day. #options #daytrading
Break over 1086 (entry, long), it can see 1124-1133 (exit)
Break below 1030 (entry, short), it can see 985-998 (exit)
Option Trading 101:
Risk what you can lose (0.5%-5%)
Watch buyers and sellers (their interactions & sentiment, ex. exhaustion of buying or selling, etc.) in strikes that you’re watching & the ticker too; this is how YOU manage YOUR trade.
Consider following and checking out bio and prior posts and recaps (on twitter ), have a great one. Not financial advice.
$NVAX, trading it 1/11For 1/11, intraday trading ideas for options; For red or green market day. #options #daytrading
Break over 140 (entry, long), it can see 151-155 (exit)
Break below 124 (entry, short), it can see 112-116 (exit)
Option Trading 101:
Risk what you can lose (0.5%-5%)
Watch buyers and sellers (their interactions & sentiment, ex. exhaustion of buying or selling, etc.) in strikes that you’re watching & the ticker too; this is how YOU manage YOUR trade.
Consider following and checking out bio and prior posts and recaps (on twitter ), have a great one. Not financial advice.
$SNOW, trading it 1/11For 1/11, intraday trading ideas for options; For red or green market day. #options #daytrading
Break over 308 (entry, long), it can see 316-319 (exit)
Break below 290 (entry, short), it can see 273-277 (exit)
Option Trading 101:
Risk what you can lose (0.5%-5%)
Watch buyers and sellers (their interactions & sentiment, ex. exhaustion of buying or selling, etc.) in strikes that you’re watching & the ticker too; this is how YOU manage YOUR trade.
Consider following and checking out bio and prior posts and recaps (on twitter ), have a great one. Not financial advice.
$MRNA, trading it 1/11For 1/11, intraday trading ideas for options; For red or green market day. #options #daytrading
Break over 242 (entry, long), it can see 252-255 (exit)
Break below 220 (entry, short), it can see 208-211 (exit)
Option Trading 101:
Risk what you can lose (0.5%-5%)
Watch buyers and sellers (their interactions & sentiment, ex. exhaustion of buying or selling, etc.) in strikes that you’re watching & the ticker too; this is how YOU manage YOUR trade.
Consider following and checking out bio and prior posts and recaps (on twitter ), have a great one. Not financial advice.
$COIN, trading it 1/10For 1/10, intraday trading ideas for options; For red or green market day. #options #daytrading
Break over 239 (entry, long), it can see 246-250 (exit)
Break below 227 (entry, short), it can see 216-220 (exit), WATCH that ~225 area
Option Trading 101:
Risk what you can lose (0.5%-5%)
Watch buyers and sellers (their interactions & sentiment, ex. exhaustion of buying or selling, etc.) in strikes that you’re watching & the ticker too; this is how YOU manage YOUR trade.
Consider following and checking out bio and prior posts and recaps (on twitter), have a great one. Not financial advice.
$NVDA, trading it 1/10For 1/10, intraday trading ideas for options; For red or green market day. #options #daytrading
Break over 277 (entry, long), it can see 285-289 (exit)
Break below 270 (entry, short), it can see 258-262(exit)
Option Trading 101:
Risk what you can lose (0.5%-5%)
Watch buyers and sellers (their interactions & sentiment, ex. exhaustion of buying or selling, etc.) in strikes that you’re watching & the ticker too; this is how YOU manage YOUR trade.
Consider following and checking out bio and prior posts and recaps (on twitter), have a great one. Not financial advice.
$TSLA, trading it 1/10For 1/10, intraday trading ideas for options; For red or green market day. #options #daytrading
Break over 1050 (entry, long), it can see 1082-1098 (exit)
Break below 1010 (entry, short), it can see 962-978 (exit)
Option Trading 101:
Risk what you can lose (0.5%-5%)
Watch buyers and sellers (their interactions & sentiment, ex. exhaustion of buying or selling, etc.) in strikes that you’re watching & the ticker too; this is how YOU manage YOUR trade.
Consider following and checking out bio and prior posts and recaps (on twitter), have a great one. Not financial advice.
$NKE - At level of interestJan 10. $NKE.
$NKE with a huge gap down today with the market. And it is right on my level of interest. I'm looking for it to either find support here and move back up or go down a bit, retest this level and go for $145 area and below.
If it heads back up from here, I will go long.
Or I will go short if it retests this level in the next few days and falls back down.
Short Squeeze - Buy Puts in SFIXSFIX price action has been steadily down trending since 6/2020. November earnings created a gap down that has consolidated through the holidays.
I am looking to take advantage of a continued downtrend with Put options.
Trade factors
1. Tight squeeze.
2. RAF nearing the midpoint. Not there yet, so I will look to buy the puts at a higher than 1/7/22 price.
3. Vscore is resistance and solid Profile resistance.
4. 21/34 Propulsion Dots show continued trend momentum.
5. VWAP, 21 Propulsion, and Darvas levels are aligned to provide upward price resistance.
6. Buy 18 MARCH 22 20 Puts @ 19.95, 20.45 and 21.95.
7. Profit @ 18.05
8. Stop Loss @ 25% Option Loss.
Good Luck!