The bounces keep on coming! This one wasnt quite as aggressive, bought at $6.00 and sold at $7.60, but still a 25% gain. I will say I got into this one a touch early, as I should have waited to confirm stability before entering.
#Traders#daytraders#optionstraders
Good Morning #Traders! We Opened up today flat, but are showing some major signs of strength! $SPY bounced off the 442.5 support level and is now showing strength, if we can reclaim 445 we may see a move higher to 448. Doesnt seem like much but these translate into big moves on the $SPX and allow the type of options trades I keep posting! Started out with calls off that support level and took a huge win from $6.60 all the way to $10.30. just north of 50% profit here,
#trading #daytrading #optionstrading
Good Morning #Traders! We Opened up today flat, but are showing some major signs of strength! $SPY bounced off the 442.5 support level and is now showing strength, if we can reclaim 445 we may see a move higher to 448. Doesnt seem like much but these translate into big moves on the $SPX and allow the type of options trades I keep posting! Started out with calls off that support level and took a huge win from $6.60 all the way to $10.30. just north of 50% profit here,
#trading #daytrading #optionstrading
Good Morning Traders! Still getting a ton of choppiness out of the $SPX and $SPY today. Opened much lower right back into the same range we were at yesterday. Had to wait for any kind of signal and finally got something with a lower high setup for a bounce after the run down. Very quick scalp here from $8.80 up to $9.80, took my dollar per contract and got out for jsut north of 10%
#trading #daytrading #optionstrading
Taking advantage of that choppiness on $SPX. We got a nice double top off the 4485 level, got into these puts at $5.00 and sold out at $6.50. Could have gotten more out of it but I was happy with the sale and we had locked in a 30% profit!
#trading#daytrading#optionstrading
Good Morning everyone and Happy monday! Im finally back from work and getting another chance to work in the markets. Saw a lot of choppiness last week in $SPY / $SPX, but we started to form support around $445. Got into this at $3 and sold at $3.36 for a solid 12%
#trading #daytrading #OptionsTrading
Good Morning everyone and Happy monday! Im finally back from work and getting another chance to work in the markets. Saw a lot of choppiness last week in $SPY / $SPX, but we started to form support around $445. Got into this at $3 and sold at $3.36 for a solid 12%
#trading #daytrading #OptionsTrading
Good morning! Markets opening lower again today. retested that 4500 $SPX level we mentioned yesterday and failed to get above it, so we are looking at another bearish day it would seem. Going to be taking aa day off from the trading as I work on DM projects.
#Web3
Small, consistent wins will grow account, and if we get a big winner sometimes then all the better. Chasing those massive returns will lead to losses before they lead to riches. There is no quick, easy road.
A couple days ago I posted a trade that returned 300%. I wanted to take a moment to remember that those trades are not the norm, these 10%, 20%, etc. trades are your bread and butter. Its not until we are able to consistently take these little wins that our accounts grow.
Got a double bottom around 4517 on the #SPX 15m chart. Decided to take a long position on these calls at $8.00. Moved my stop loss up aggressively and managed to get it up to $10.00 before it came back and triggered. 25% win here.
#Trading#OptionsTrading#DayTrading
Got a double bottom around 4517 on the #SPX 15m chart. Decided to take a long position on these calls at $8.00. Moved my stop loss up aggressively and managed to get it up to $10.00 before it came back and triggered. 25% win here.
#Trading#OptionsTrading#DayTrading
No Gap fill to be had today, the bearish sentiment won out immediately, but now we have the overaall sentiment, looking at the 4500 level next, if we see a bounce off the support we might get a long play, otherwise we should get a good bear play below.
No Gap fill to be had today, the bearish sentiment won out immediately, but now we have the overaall sentiment, looking at the 4500 level next, if we see a bounce off the support we might get a long play, otherwise we should get a good bear play below.
Good morning Traders! $SPX opening below that 4550 key level, will we push above or will we stay below? Going to have to wait and see how we react to this shift before establishing any trades today. Might look to fill the gap some but feeling bearish overall.
Good morning Traders! $SPX opening below that 4550 key level, will we push above or will we stay below? Going to have to wait and see how we react to this shift before establishing any trades today. Might look to fill the gap some but feeling bearish overall.