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
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