raylong So today I sold 2 contracts at 6890/6885 puts for $0.50 when IV was high and near VWAP. It was a bit high due to 7 AM PST News. I chose these strikes because it was way below the previous day close. When news dropped, the price dipped but because there was no more further … Read more
Today was one of those days where I probably should have waited, I Would have definitely been able to get more premium if i just waited but sometimes fomo beats the best of us. Deltas were signaling for downside however markets pumped up to the previous day close range. I sold calls because i felt … Read more
So based on the delta today, it seems like upside potential is the possibility so i opened a put credit spread position on 6915/6910 for $0.50 near a bit above VWAP at the open. It was a bit risky but from the data and plus the 9/20 emas lining up, it seemed that upside would … Read more
1. Indicator State: PCS READY = TRUE (94/100 Score) My scan shows PCS READY (94/100), which is one of the strongest readings you’ve had recently. Key confirmations: Trend: OK Close > SMA50: OK SMA50 > SMA200: OK RSI (40–65): OK (constructive, not overheated) ATR% ≥ 1.5: ~2.5% ✅ Gap% < 4: ~0.25% ✅ Above swing low … Read more
So today I waited for market to slow its climb up after it. My First Trade I sold calls at the open for 6935 as the MVC was 6930 however after the first 15 minutes markets suddenly jumped up in which i got stopped out. I sold for $0.55 and closed at $1.10. I waited … Read more
Today I’ll be showing the data I have for Quantdata.us and how it looks. Attached is a screenshot of what the markets looked like at 7:18 AM PST, I made the images smaller, but they are now clickable to show their full size. Normally based on the data I should have sold puts but I … Read more
1. Indicator State: PCS READY = TRUE (84/100 Score) On the entry candle, my scan shows PCS READY – 84/100, meaning the core structural conditions were still intact even after today’s sharp pullback: Trend: OK Close > SMA50: OK (price still above rising 50) SMA50 > SMA200: OK RSI (40–65): OK (pulled back into neutral, … Read more
So unfortunately today was a red day. I sold 3 puts at 6835/6840 around 6:35 PST. for $0.50 and closed my positions at $1.00. Did Not expect price to just drop after reaching the top. Should have gone less. However, my swings for credit spreads have all been flying today. Since it was a decent … Read more
So I chose the wrong direction at the open in the morning since I woke up late and didn’t read the data in time. Luckily I only sold one put at the open and closed it once it hit double of my selling price. I sold 3 call at 6915 for $0.60 with same stop … Read more
1. Indicator State: PCS READY = TRUE (92/100 Score) My indicator explicitly flagged this candle as PCS READY, which means every condition required to sell a bullish put credit spread was met: Trend: ✅ RSI (40–65): ✅ ATR% > 1.5: 8.3% ✅ Gap% < 4: ✅ Above swing low (20): ✅ SMA50 > SMA200: ✅ … Read more