takinprofitss

takinprofitss

For 1/3, intraday trading ideas for options trading; not financial advice, 2 plans for red or green market day. Break over 264 (entry, long), it can see 275-282 (exit) Break below 251 (entry, short), it can see 233-240 (exit) #options #daytrading Option Trading 101: Risk what you can lose (0.5%-5%) Watch buyers and sellers (their interactions & sentiment,...

takinprofitss

potential for a reversal, not high probabilty so risk should be less than normal maybe if use 2% risk on option swings use 1%

takinprofitss

as long as $SPY trending strong and market sentiment is positive add on test for support after it breaks, exit at area above, roll up profits if wants and target to next area

takinprofitss

as long as $SPY trending strong and market sentiment is positive it can see 200s in the short term

takinprofitss

as long as $SPY trending strong and overall market sentiment is positive 200s possible, this is for short term trading.

takinprofitss

break above with test for support could be great sign for longing bitcoin but until level holds bearish in the short term

takinprofitss

levels if continues in down trend, take below breaks with test ups next area is price target or if going long after short term pullback then could be dip adds

takinprofitss

this a long termer. good areas to add if we get any type of pullbac

takinprofitss

currently no plan to trade long on $SPY, short bias below 456.5 should confirm, needs to test for resistance after break

takinprofitss

dont play inside days if any of the names you trade are in this, simple game plan: LONG BIAS on day if break above 351.50 and tests for support at/near/above that level SHORT BIAS on day if break below 347 and test for resistance at/near/above that level

takinprofitss

market lettging us know short might be the direction to take, $SNOW has rnage

takinprofitss

not really intersted in this one,, doubt we will pullback but dont know if does can be a great play

takinprofitss

break below support thats the 1st target, roll up with profits to 2nd target if continues downwards

takinprofitss

break below support fills gap down, thats the target

takinprofitss Updated 

short float is very high, end of month short squeezes, good candidate

takinprofitss Updated 

hammer candlestick + created a support trend line (short term) think it can see 26-27, whether it breaks or not dependant upon the participants, risk below trend line target at/near supply area

takinprofitss Updated 

it has range, give time on expiriations, like it coming back to high 900s to 1k

takinprofitss

possible long, sitting at support, PT raised by morgan stanely