IronMan_Trader

IronMan_Trader

The picture above is a LOTTO PLAY I took this morning, end up buying 4250 ES CALL 6DTE for an avg of $11 at 8:07am (we were trading around 4054 level) , after the report in 2 minutes ES spiked to 4180 and my options price went to $30 Great I was up +160%, but with IV CRUSH + MKT HEADING LOWER 50 points before the bell, my OPTIONS that I got before 8:10am were...

IronMan_Trader

TP1> if we manage to Trade/Bid above MAIN POC 4054, we can test > 4081 > 4141 > 4186 > 4207 > 4221 TP2> if we Open/Trade below MAIN POC 4054 > we can test > 4035 > 3995 > 3980 > 3960 > 3934 > 3914 (LIS - Bulls Trapped) *All those levels will be INVALID as tomorrow 2:00 PM we will have FOMC Interest Rates REPORT ! GET READY for LOTTO TRADES. $ES can move again...

IronMan_Trader

I decided to close all my NAKED PUT trades instead of Hedging with $SPY, the reason to that is the move tomorrow can offset my HEDGE if goes against me, even with Beta Weight Portfolio. So in this case I will reestablish all positions once we are over with the uncertainty, and that's until FOMC (Wednesday 2:00pm).

IronMan_Trader

TP1> if we manage to Trade/Bid above MAIN POC 3980, we can test > 4035 > 4056 > 4081 > 4108. TP2> if we Open/Trade below MAIN POC 3980 > we can test > 3960 > 3934 > 3914 (LIS-CPI POC) > 3869. *All those levels will be INVALID as tomorrow 8:30 AM we will have Inflation Numbers CORE CPI ! GET READY for LOTTO TRADES. $ES can move +100/150 handles

IronMan_Trader

TP1> if we manage to Trade/Bid above MAIN POC 3995, we can test > 4035 > 4056. TP2> if we Open/Trade below MAIN POC 3995 > we can test > 3960 > 3934 > 3914 (LIS-CPI POC). I'm not expecting any crazy swings in the markets for tonight GLOBEX and TOMORROW US CASH SESSION, probably sideways, choppy, as we have two major reports this week to finish 2022: > CPI...

IronMan_Trader

New Trade $COIN Naked Put Strike $22.5 Premium $0.53 x 3 contract = $159.00 Adding to the previous contracts Strikes 25 for a total credit of $557.00

IronMan_Trader

New Trade $DIS Naked Put Strike $75 Premium $0.43 x 3 contract = $129.00 Adding to the previous contracts at the same Strike 75 for a total credit of $563.00

IronMan_Trader

New Trade $AMZN Naked Put Strike $71 Premium $0.58 x 1 contract = $58 Adding to the previous contracts Strikes 75 and 78 for a total credit of $556.00

IronMan_Trader

New Trade $TSLA Naked Put Strike $99 Premium $0.41 x 3 contract = $123.00 Adding to the previous contracts Strikes 96 and 98 for a total credit of $563.00

IronMan_Trader

New Trade $EWZ Naked Put Strike $26 Premium $0.67 x 3 contract = $200.00

IronMan_Trader

New Trade $COST Naked Put Strike $370 Premium $1.16 x 2 contract = $232.00

IronMan_Trader

New Trade $TSLA Naked Put Strike $110 Premium $1.05 x 1 contract = $105.00 Adding to the previous contracts Strikes 120 and 113.33 for a total credit of $548.00

IronMan_Trader

New Trade $GOOGL Naked Put Strike $79 Premium $0.66 x 4 contracts = $264.00

IronMan_Trader

TP1> if we manage to Trade/Bid above MAIN POC 3960, we can test > 3995 > 4036. TP2> if we Open/Trade below MAIN POC 3960 > we can test > 3943 > 3937 > 3914 (LIS-CPI POC) > 3845 > 3827.

IronMan_Trader Updated 

I'm starting a new position into some tickers to use THETA as our main income generator:. The goal is 30% return/year Sell Puts Delta 5/10/15 55/45/ 40 DTE Trades/Day = +6 Trades/Week = +30 Trade/Year = +1560 Credit/Trade = +$110.00 Book Size = 3.53% Book Wipe Risk = 7.06% Black Sawn Risk = 49.45% PCR = 35% Avg DIT = 15 Delta/Theta Ratio = 0.5 (hard to keep...

IronMan_Trader

VIX During the entire year (2022) Vix is respecting the levels, and trading in this 20/35 range. Eventually it will collapse and we can go back to 15/16 level, but if we spike back above 23/25 heading to 35, it means that THE BEAR MKT IS FAR FROM OVER. #buckleup

IronMan_Trader

THETA MACHINE UPDATE No New Trades Today I want VIX and IV to go higher so we can collect extra premium...if not tomorrow, by Friday I will increase the cost basis to +500, and Theta will be around $150/day. Overall POP = 84% POP = Probability of Profit *Next Week volatility can spike as we will have CPI (Dec 12) and FED (Dec 13). With that said, I will...

IronMan_Trader

TP1> Trade Plan 1 if we manage to Trade/Bid above MAIN POC 3937, we can test > 3960 > 3995 > 4036. TP2> Trade Plan 2 if we Open/Trade below MAIN POC 3937 we can test > 3914 (LIS-CPI POC) > 3845 > 3827.