Friday, November 12, 2021
My free Lotto Friday 🎫 #options ideas 11/12 based on #TheStrat
TL;DR:
- $AMD 148c > 146.47
- $CVX 114c > 114.66
- $WYNN 96c > 95.42
- $ATVI 67c > 67.50
Read on for details…
Going with a bullish sentiment into the Friday because I like playing that side a little bit more and I only have looked up possible reversals to the upside.
The mentioned ideas are all have 0dte, so high risk and if they not work instantly when they trigger I immediately exit. If they stay flat I also exit, because Theta burns the contract price pretty fast.
Disclaimer: No trading advice, instead these are my ideas based on my knowledge analysing the charts for possible trades based on #TheStrat. So please always do your own due dilligence before entering a trade.
$AMD 148c > 146.47
Barely got a 2u today, and since AMD has FTFC up, watching for 148 area. Since it’s a lotto play, like all today no real targets for that one.
$CVX 114c > 114.66
A 3-1-2 Bullish Reversal on the daily, against FTFC but the inside bar today was green. CVX is a slow mover, so I go ITM and the option should cost around .70 at trigger.
$WYNN 96c > 95.42
Next daily 3-1-2 Bullish Reversal is $WYNN, not a ticker I trade often but I like those Chicago-Reversals from #TheStrat and they can be powerful. So if the inside break up triggers at 95.42 I’ll enter a small 96c position with targets at 96.38 and maybe 97.93. Mixed FTFC so we’ll see.
$ATVI 67c > 67.53
Another ITM lotto and an Outside bar on the daily which shows agression in the direction of the candle which was bullish today. FTFC is down bad but maybe we have some momentum if we trigger above 67.53, with possible targets at 68.43 and 68.78, nothing more but a good portion ITM if it hits which helps a 0dte contract as you know.
Note
If you read that far I hope you like the ideas and would really appreciate some feedback as well as feel free to share that post to help me bring #TheStrat infos to the people to learn and understand it.