$SPY 750 calls.
Waited for a tradable setup. Got the hourly close over $2.16B (745.40 – 745.59) so took 750 calls with the next upside target shared yesterday evening in the GEX Profile / Dark Pool Briefing. $2.40B (748.94 – 749.17). These profited 20% and runners 30%.
Game plan is always shared in advance the evening before. From there all you gotta do is have patience and wait for price to lead the way.
$SPY is likely headed back to 740.25 - 739.90. Discount for this range shifted up to 736.12. A bounce from 740.25 - 739.90 and you'll start seeing head and shoulder charts everywhere. Good luck out there.
@TaPlot Yes indeed, my favorites were England and France, didn't think they wouldn't make it to the final, but yes indeed Spain-Argentina is also a big one, let's hope for a beautiful play. I am a soccer fan, nearly watched all the games, but not a fan for the half-time show on sunday..
- Swing trade: $SPY 757 calls. Taken into yesterday's close. These paid 90%
Today's trades:
- $SPY 7/17 750 puts. This trade was weak- should have taken 1DTEs. This trade paid 18%.
- $SPY 7/16 755 Calls. This trade paid 30% and runners paid 50%. Closed trade into strength. These contracts hit just shy of 100%.
Roadmap for following trading day shared every evening. Gives bullish and bearish triggers with targets and we just react accordingly 💰
Boring day but still printed a little on $SPY 7/15 754 calls. Took profits at 25% earlier in the day then closed out the rest at 20%. Price is moving up too slow to hold into close for potential continuation.
$NVDA Mean reversion near completion from the June 9 low.
Nvidia just arrived at weekly resistance (200.63 - 203.08). Inside weekly resistance is the downward sloping 20-day sma. The 20-day sma has been resistance since June 4.
If Nvidia can push through weekly resistance and reclaim the 20-day sma:
- Gap and gap fill: 203.77 - 207.72
- ATH AVWAP: Currently 210.50
- PoC for the downtrend: Approx. 216.00
- Daily resistance: 221.60 - 222.82
Good luck.
Gap up to start the week. This ate up a lot of the upside available for today's bull trigger trade idea. After watching for about 30 minutes, it was clear 750 was still the target for today. Took $SPY 750 calls and printed 35%.
@TaPlot I suppose that in this stage of your life the stock market is the least of your problems or interest. So i wish you strenght, much strenght and … good doctors and treatment.
$SPY 740.25 - 739.90 ✅
Another perfect follow through. Shared here in advance. This update told the story (https://t.co/lOfIGf1wmd).
Discount for this range shifted to $733.91. A 4-hour close below 739.90 and that discount level is next primary target.
There will be some new resistance levels after today's close. Those will be useful next week. Always possible to see a bounce before downside continuation. Maybe I'll share them Monday.
Is a weekly mean reversion underway on $QQQ?
If so, by the time price meets up with the 20-week sma, we'd be looking at approximately 10% down from ATH. Reasonable.
Certainly feels overdue.
$MU with a positive earnings reaction 📈
Testing the upper of two 4-hour inversions, 1204.44 - 1207.56 (4-Hour).
Next objective is ATH test at 1245.79.
Acceptance over ATH targets my breakout / reversal area 1315.07 - 1403.19.
$NU swing trade (recap image 2)
8/21 $13 Calls. $0.58 entry. Just went ITM today 💰
Started this position on 6/3. Profits taken along the way and closed in full today.
$NU swing trade (recap image 2)
8/21 $13 Calls. $0.58 entry. Just went ITM today 💰
Started this position on 6/3. Profits taken along the way and closed in full today.
$SPY today's intraday updates and today's trade.
For the trade I waited patiently for the 730 put wall to fail to target today's lower implied range of 723.87. The 730 put wall held multiple tests but eventually gave way and we got the anticipated move down towards that daily implied range low- hitting within 13 cents into the extended 15-minute session. I took profits at 58% and left a runner that printed 95%.
The intraday updates started with a solid warning "Yesterday we swept previous high and flushed. We have the same setup today. Don't get trapped. If we push over previous high 737.67, it needs to turn into support for continuation." We got a repeat of yesterday.
Bias to start the day was already bearish. From there level to level following the game plan shared with the team the night before.
@TaPlot Thinking of you. Your courage in this fight is deeply inspiring to everyone around you. Lean on your strength and know that you are not alone in this
Bias was bearish leaning into open with yesterday's close below the gamma flip level at 738. Puts printed. Ideal target was the put wall at 730 so thankfully I took profits as we neared the previous day close for 20%.
From there price moved over gamma flip and bias shifted to upside. Target was the call wall at 740. Calls printed 56% as price ripped to the upside into today's range high at 741.42. Done for the day 💰
All levels shared in advance with real-time updates along the way. $SPY