Sorry for the late post. As you can see price was very volatile today so I had to keep my eyes peeled on the screen incase price continued further up. I sold 3 – 6910/6915 calls for $0.70, 30 minutes after the open at 7:05 AM PST. Deltas didn’t look good at that moment but … Read more
I sold calls the moment price touched VWAP and then sold another leg down a few minutes later. I sold 6895/6900 calls for $0.60 and 6885/6890 calls for $0.50. Looking to close them at $0.10 probably unless price doesnt go back up past 6815. If price holds below 6815 for the rest of the day, … Read more
I Sold 3 6905/6910 Calls for $0.60. Currently the premium is still the same. Price today has been really volatile, going up and down 20 points the span of ten seconds. I set a stop loss on the bullish ATR Level marked on my picture which is the Teal horizontal line. Looking to close for … Read more
So I messed up today. I should honestly wait for the first ten minutes to settle. Price broke through the first bar ATR level of the upside but didn’t hold. I thought i would continue higher so I sold puts. However it pulled back past the Teal horizontal line. So I closed my position for … Read more
Took a Risk for Continuation. Sold 2 Puts 6950/6945 for $0.65 as it broke SD 1 of VWAP and Gamma seems like it wants to reach 7000. Looking to Close at $0.10. Closed Trade with a loss at $1.65 each. Could have closed at $0.30 at one point but i got greedy. Need to take … Read more
So Today I opened a trade at 6:45 AM PST. I saw on Quant Data that the Deltas were red, yet price kept pushing up so I decided to make a trade the moment a candle had top wick close. The Strikes I chose were ten points further from the positive MVC which was 6930. … Read more
Today Markets Showed Heavy In Deltas. I waited for price to see if it could push back up towards VWAP but is stopped right upon reaching the SD1 of Vwap which is the orange dotted line and also the 50 ema on the five minute. As candle engulfed the previous one, I opened a position … Read more
Today I sold 6980/6990 calls for $0.80 at 6:45 AM PST. Looking to close at $0.10. Today’s market was a bit dangerous. The moves kept moving so fast was not really feeling it. But I figured I might as well do one trade if it broke past the SD1 of VWAP and held. If it … Read more
So I opened a position at 6:34 AM PST. The reason why I did this was because although price tried to hit VWAP at the open it failed and was still under the SD1 of VWAP (Orange Dotted Line). I put my stop loss at the nearest ATR lvl close above VWAP which is the … Read more
I opened a 6865/6855 Put for $0.70 at 6:32 AM PST. The reasoning why I sold this was because there was a strong push up outside of the standard deviation 1 of Vwap which is the orange dotted line. I’m looking to close at $0.10. Will close my position if price decides to go the … Read more