Should have sold puts immediately at the go. However I got on a bit late and wasn’t able to see the data until 3 minutes into the market. There was a 9 billion delta at 7200 which would have been very good support to sell at the 7200. However I was able to sell one … Read more
I sold 2 credit call spreads at the open when price kept dropping. I choose the 7205/7210 strikes and sold them for $0.55. Looking to close these at $0.05, but if price goes above Premarket High, I’ll probably reposition or add higher maybe. Price reversed and went up past premarket high. I closed everything for … Read more
Today I broke a lot of my rules and basically started with $-120 from a trade, As of now I put in 2 contracts at 7170/7175 call credit spreads at $0.60 so they are basically breakeven if they close worthless, However I also got into another trade at 7170/7185 Call Credit Spread For $1.00. If … Read more
So After the first fail at the attempt of going past SD 1, I sold 2 call credit spreads at 7190/7195 for $0.60. My cut loss is a close above the upper SD1(7166.5)(Orange dotted line). So I added another contract at $0.60 so I had 3 contracts at the same strikes. I closed one … Read more
I sold 2 call credit spreads at 7165/7170 for $0.50 and $0.70. I sold first when price tapped the premarket low of 5:30 AM PST – 6:30 AM PST and pushed up a little and got premium for $0.70 and then sold a $0.50 when went past again. So average premium is $0.60. Looking to … Read more
So Based on our rules, We are aiming for price to stay above VWAP for majority of the day. Price broke Premarket High right around 6:40 AM PST. I got in one trade for a put credit spread at 7080/7085 for $0.50 and when it came down to 7120 I sold another for $0.75. My … Read more
So price broke my premarket low and I sold Call credit spreads 20 points above the Premarket High. I sold 3 call credit spreads at 7160/7165 for $0.55. I probably should have waited and only gone in with one contract however price went down so fast. My cutloss is the premarket high. Will close one … Read more
Today is the day I will be testing out my new theory. Since 9 EMA and 20 EMA was above the SD1(Orange Dotted Line) Upper Band from VWAP, my bias is to sell put credit spreads if price breaks and closes above the premarket high from 5:30 AM – 6:30 AM PST. Price broke above … Read more
We were already at MVC and Premarket range was very small. I didn’t believe the chances of us going past the premarket high were a lot. I opened 2 Call Credit Spreads at the 7065/7070 strikes for $0.65 and set a stop loss of price closing above the premarket high. Price played around for a … Read more
So today I wanted to try my strategy I used yesterday. I marked high and low from 5:30-6:30. Price broke the premarket high and I sold 2 Put Credit Spreads at 6940/6945 Puts for $0.50. However when price dropped and almost broke the premarket low. I closed one position for $0.80 and took a $0.30 … Read more