claypuzzle

claypuzzle

DKNG Bull Put Spread 22% ROI, 8 DTE Higher timeframe ascending trendline Overall trend is sideways, testing 4h demand and potentially moving up into 1h supply Aggressive buyers seem to step in on the trendline Price moving down into higher timeframe demand zone Last hourly 3 legs down had a potential middle leg with body gap down, could be EW 3 of 3 center Last...

claypuzzle

DIS Bull Put spread 14% ROI, 8 DTE Higher timeframe supply at 192.5 with gap and liquidity shelf is untested. Strong buying imbalance from 4/14 on hourly chart Proximal supply is 1/2 way consumed with a weak double top Same with the Apr 6 double top Overall 4h trend is sideways And the plan is to leg in condors into sideways markets Potential upward channel with...

claypuzzle

MPC call credit spread Sold 56, bought 56.50, 2 DTE, 19% ROI Larger decline removed demand Sideways in a channel, generally trending down, so with trend in a channel Most recent decline penetrated half way into last strong demand Not entirely ideal, because of the liquidity search spike up into 55.28 on the decline, but the spread is above 1 supply and into the...

claypuzzle

KRE call credit spread - back logging entry, not at expiry yet At likely channel high resistance Driving in hard rally The center line is well respected Likely a -2 to +2 sigma move and then roll over Danger is rally expansion after a consolidation so need short strike to be as high as possible Aggressive sellers above in DBD supply zone Short strike at 70 is at...

claypuzzle

IWM Put spread Had an alert line at visual -1 sigma At the time it was a big solid bearish candle Assuming that market will at least pause on -1 sigma demand Channel is upward trending At an already tested RBR, possibly removed Hourly RBR and flip zone defense with at 215 short strike 3 DTE, 22% ROI, 1.0 wide Danger is a continuation down to -2 sigma green channel...

claypuzzle

Entered 4/7/2021 15:33 at green arrow - back logging the trade, not at expiry yet Higher timeframe trend is up Price making weak tops and buyers defending the proximal demand zones Price coming back into +1 sigma At base of hourly demand Potential buyers stepping in, enough to cause a time delay 77.50 sold strike is AT higher timeframe demand zone proximal...

claypuzzle

Higher timeframe sideways caught between aggressive supply and demand Last hourly in control is demand Violated downward momentum line Potential oscillation channel with good respect through middle and +-1 sigma At hourly demand continuation pattern Very aggressive selling With flip zone high 77.81, bull origin gap defense zones Put spread 19% ROI, 4 DTE

claypuzzle

Last week rally ending gap removed aggressive supply With higher timeframe trend Up At ascending trendline Not aggressive selling character, but no hourly supply removed yet either Into a VPOC, first test At hourly demand At current flip zone high Untested hourly demand defense Able to get 19% ROI 11 DTE