raylong 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
Based on the premarket data from US500, I could tell today the ranges for SPX were most likely gonna be small and contained as the Standard deviation from Vwap were still small at the open and didnt expand even when price touched the area where 3 standard deviations from vwap was. I sold 2 contracts … Read more
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