7-10-2023

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 you option would decay it value fast if it not go up or down, day trading is what we do now. Take profit accordingly, trades are not a investment advice, consult your financial advisor for buying any stock.

8:10 am Futures is flat. Usually this signal is bearish, but seems maybe a fake one. Any way, SPY range should be low 436-435>>>high 439.50. so depend how it open and go.

Trade will be buy low sell high. Buy SPY 437 call after go down to 436, take profit at 439+. vise-versa. You may scalp it down after open at high 438.50 +. careful will rebounce go high. 

META low 289, high 296.

AAPL low 189, high 191.

Bearish signal, may not hold the high after rebounce from the low. 

Good luck.

 

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