raylong So today was kind of disappointing. I made basically one trade with two contracts at the open. I sold two 6875/6870 put contracts for $0.55 premium at 6:35 AM PST. This was a level below the next trigger level on the ATR Levels. My idea was to sell in hopes that it would not break … Read more
Indicator State: PCS READY = TRUE (98/100 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: ✅ Gap% < 4: ✅ Above swing low (20): ✅ SMA50 > SMA200: ✅ On Dec … Read more
Indicator State: PCS READY = TRUE (93/100 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: ✅ Gap% < 4: ✅ Above swing low (20): ✅ SMA50 > SMA200: ✅ On Dec … Read more
So this Ticker showed up on my screener. IV was over 30% and the strike I chose was at least $1.00 in credit and was also below the 50 EMA. The Score on the indicator was 87 when I got in. It is currently up 10% as of posting this trade a few days later. … Read more
Hi everyone, Since this is the first trade of the website, I’m going to write a bit more on this particular trade. To start, I want everyone to know that my capital that I’ll be starting with in this journey is $3,000 USD for 30-45 DTE Credit Spreads. We’ll see how much capital I’ll have … Read more