Ordered Atomic Habits by @JamesClear and Mental Game of Trading by @jaredtendler both as paperback version this time.
Finished reading “The Psychology of Money” and enjoyed it on my Kindle, I’m still more the paperback person, because this way I can mark important paragraphs easier or add a little post-it on a site. I know that this is possible with a Kindle as well, but it still feels weird to me.
Now and then I get some DMs or E-Mails with questions if there is a way to tip me some π΅ to support my work.
To be honest, I haven’t even thought about that, and I really appreciate everyone who takes the time to ask me, because I have no subscription service or anything else and don’t β¦
Welcome to the first issue of my #SundaySwing ideas in 2022!
I wish you all a Happy New Year 2022!
As mentioned on Friday on Twitter already, the current short-term outlook to me is bearish in the tech sector, which I mainly focus on. So be prepared for some Put-ideas, more than usual.
My #TheStrat ideas for 12/21, daytrade/short swing, not sure yet.
$MRNA 3-2-2d < 275.12 (260p or 265p)
$ZM 2-2d < 197.08 (190p)
$AAPL 2-2u > 170.57 172.5c | 167.5p < 167.49
Read on for details and charts and @Tradytics #AlgoFlow…
Still testing and watching flow here to see if I can combine this with possible targets as well as get some extra confidence.
$MRNA 3-2-2d Daily < 275.12
As mentioned on Twitter today, also a possible 50% rule short candidate for the week now. (The first one from my watchlist, surprisingly!)
Idea: possible 3-2-2d below 275.12 (12/23 265p or 12/31 260p to get some more time), FTFC down as well
PT: 269.00, 256.97 (weekly magnitude)
The Tradytics AlgoFlow is surprisingly bullish on $MRNA on the 1min and 5min chart, so I’ll watch this as well.
$ZM 2-2d Daily < 197.08
Idea: possible 2-2d Reversal Daily below 197.08 (12/23 190p), FTFC down
PT: 183.35, but tbh I’m not aiming at this, going with an in-between target for the strike at around 190 and I’m happy if it dips deeper.
Tradytics agrees here and AlgoFlow predicts a 5min flow around 185 and down.
$AAPL 2-2u > 170.57 Long play
Idea: possible 2-2 Bullish Reversal above 170.57, still has FTFC up
PT: 173.47 for a quick daytrade
Tradytics has the AlgoFlow for $AAPL slightly bullish on the 5min chart…
However…
$AAPL 2d weekly < 167.49 Short play
I never should(!) short AAPL but let’s write about it, nothing wrong with it? :)
Idea: The weekly 2u-2d has not reached it’s target of 164.28 (yellow line on chart)
PT: 164.28
For chart look at the long play, targets are marked
On the 1min AlgoFlow Tradytics shows still bearish flow…
Some additrional ideas for possible swings into the end of the year (eyeing on at least 12/17 or 12/31), but be careful there might be some profit taking tomorrow.
Oh what a week we had on the stock market. Huge volatility, perfect for trading both sides. However, such a volatility and that drop on Friday also means that long-term investments took a hit here.
See below what my thoughts are for the next couple days.
Friday Lotto idea #TheStrat (Early edition) ποΈ
$NVDA 3-2-2d < 313.27 - 305p PT: 305.09
Not expecting it to go ITM, but a quick dip back to 305.09 could made some profits. I chose the 305p because it’s cheap compared to a 310p, and I won’t hold that contract the whole day. Theta will eat up fast. A short dip at open and then back to new ATH please!
$FSLR 3-1-2d < 103.29 PT: 101.27 swing (see below)
See below for charts…
$NKE 2u-1-2u > 172.74 PT: 174.00, 176.53
Possible 2-1-2u Bullish Continuation measured move. Closed as an inside day and FTFC up, inside week currently, so currently double inside week waiting for a break of 176.53 to the upside, 166.63 to the downside. However it’s a daytrade.
My Idea: 11/19 175c (don’t expect to go ITM, but is more liquid and not as spready as the 172.5c)
$NET 3-2-2d < 208.11 PT: 204.64
Possible 3-2-2d Bearish Reversal at the ATH so possible exhaustion risk. Keep in mind that $NET is green on the month and week and as both 2u in force! If it breaks 20811 to the downside my target is 204.64. A possible enter on the 4hour chart at break of 209.63 with a 3-1-2 Reversal would also possible but more risky.
My idea: 11/19 205p
$ORCL 2-1-2d < 94.85 PT: 94.02
Possible 2-1-2d Bearish Reversal. Has an outside week and up but got rejected today. Month also inside and red, so mixed FTFC.
My idea: 11/19 95p ITM and quick profit possible on a dip down
$FSLR 3-1-2d < 103.29 PT: 101.27, possible outside month swing!
A bit unusual on my daily list, because longer term and swing. Possible 3-1-2d Bearish Reversal on the daily. FTFC down and ouside week in force. Also the month 2u failed and is red with a possible magnitude on last months low at 92.76 (using 50% Rule from Sarah here). 100.00 is psychological level that needs to break for the monthly target.
My idea: 12/17 95p long term swing, or day trade 11/19 103p
My free options ideas #TheStrat watchlist for 11/17
After bad ideas setup yesterday, let’s see if we can hit some triggers on 11/17.
$CHPT 3-2u > 27.48 PT: 28.29
$BX 3-2u > 144.96 PT: 146.80
$PLUG 2-2u > 43.32 PT: 44.49
$CRM 2-2u > 307.55 PT: 311.75
See below for charts…
Quick watchlist for 11/17 with possible short-term swings.
$CHPT 3-2u > 27.48 PT: 28.29
Possible 3-2u daily, FTFC up, inside week hammer and monthly 3-2u already! 28.29 is weekly magnitude! My idea: 11/19 28c
$BX 3-2u > 144.96 PT: 146.80
Possible 3-2u daily, FTFC nearly up (last hour red), inside week and gree, possible 2-2 Continuation, Month 3-2u in force. My idea: 11/19 146c
$PLUG 2-2u > 43.32 PT: 44.49
Possible 2-2 Bullish Reversal above 43.32. Week red but inside and hammer, month is 2-2u in force. 43.69 turns week green into FTFC up as well!
My idea: 11/19 44c
$CRM 2-2u > 307.55 PT: 311.75
Possible 2-2 Bullish Reversal above 307.55. Green Doji on the week inside, wekly magnitude 311.75. Month is 2u in force already and therefore FTFC up!
My idea: 11/19 310c
Quick watchlist for 11/16 with possible short-term swings.
A bit different this time with writing down some possible targets after trigger, will chose the weekly contract near target at trigger.
$AAPL 3-2-2d < 149.44 PT:147.48
$CHWY 3-2-2d < 74.41 PT: 70.85
$GILD 3-2d < 67.19 PT: 65.51
$OKTA 2-1-1-2d < 257.12 PT:254.00
Surprised that two of my #SundaySwing setups long are on my short-term/day-trade list as well.
PSA: Includes whining on scalping the Q’s with #TheStrat todayβ¦
From my #SundaySwing list only $FB triggered today but gapped up quite a bit and I didn’t entered that play. Everything else did not trigger yet, was a mixed day.
Since nothing triggerd I got bored and forced trades… $QQQ was my chosen sacrifice on the 60, 30, 15 and 5min. I waited for the break above 394.54, to get in the 395c 0dte. It triggered the 60min to a 2-2 Bullish Reversalβ¦
Got a fill on some contracts at .60 and it β as we always think, the market knews when we enter β dropped immeditiately back to 392.90. I got out at 393.90 but still that felt so wrong and stupid to me.
As you see, I cut that trade but still lost 50% of my position at this time in 3 minutes of time.
β¦ and ended as a 2d-3d on the 60min π’
I still don’t know why I didn’t follow my rules today and felt back to old habits and tried to scalp on the $QQQ and $SPY like months ago when I lost a good amount of my acct balance.
So this post is here to remind me, to β hopefully β learn from such stupid things in the future.
My free Lotto Friday π« #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 detailsβ¦
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.