4-12-2021

As you know, or should know, buying options is one of the riskiest and hardest ways to profit from the market, (and statistics continue to prove this out as MOST option buyers LOSE money). though they are still a great way to make money with certain trade setups and in certain market conditions. and to be enter trade precise and take profit. Bec high IV option premium is expensive now. The longer you hold the lose money fast if it not go up. Take profit, day trading is all we do now. Not a investment advice.

8:00 am:  US futures lower, SPY – .47. Bear signal.  Look for SPY to go down to 409.80- 50 . would bounce up to 411.35-411.50. break 411.50 to 412. should not hold up the high. 

Trade for today. See open, be patience, seems like very trick open. 

Buy SPY 411 put 4/16 after open run up to 411.50+, for scalp. cover @ 410-409.80.

Vise-versa buy SPY  410 call 4/16 after open drop to 409.80, sell @ 411.50, cut if breakdown 409.50.

FB low 310-309, high 315 buy 315 call.

AAPL low 131. high 132.75. 

Good luck.

 

 

 

Posted in Uncategorized.