My free #options ideas for 11/11 based on #TheStrat
$A 11/19 165c > 160.01 (swing possible)
$V 11/12 217.5c > 216.95
$WMT 11/12 150c > 149.61 | 148p < 147.98
$ABNB 11/12 197.5c > 195.00 | 187.5p < 189.53
Read on for details…
All ideas are daytrades when not noted otherwise. If stocks gaps up or down in pre-market I do not enter those ones and instead watch for a new setup on the 30min and 60min chart after open. I also always(!!) watch the chart and $SPY and $QQQ before entering if a trigger hits to have a look at what the market currently looks.
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.
$A 11/19 165c (1.15) > 160.01
Possible 2-2 Bullish Reversal, also swing possible.
Hammer FTFC up, was strong even today, monthly 2u in force above 159.92, weekly 2u in force. Entry trigger 160.01 because of psychological level and it’s $0.05 above real trigger.
Targets are 162.23 short-term for quick profits or maybe swing it up to 164.33 as next target (haven’t painted that one here on the chart)
Watch out for spreads!
Haven’t traded $A before, wasn’t even on my watchlists, but @chuckthetrader had it on his Green hammer FTFC up scanner today.
Possible 2-1-2 Bullish Reversal above 216.95, holded up strong today. Needs to get above 217.63 (current weeks high) after trigger to target the 220.41 for an exit. 218.37 is needed for Weekly 2-2 Bullish Reversal in force.
Eyeing both sides here. Bullish: Possible 1-2-2 Bullish RevStrat above 149.61 for an entry and targets at 150.55. Since FTFC is down currently, month rejected 3-2u now red and weekly a 2-2 Bearish Reversal in force, I’m also eyeing the bearish side: Bearish: Possible 1-2-2 Bearish Continuation Measured Move below 147.98 for an entry with the 148p, eyeing a small profit at 147.39 target, nothing more. That is a weekly magnitude and near, no other short-term targets for me.
Also watching both sides, the bullish side looks a bit better here, so we’ll see. Bullish: Possible 2-1-2 Bullish Reversal above 195.00 for a quick trade to 200.00 (psychological) and maybe 201.50 targets. Since week is currently a 2u and red bearish side and a likely drop down a bearish play is also possible. Bearish: Eyeing the 2-1-2 Bearish Continuation here below 189.35 for a short visit to 187.50, so don’t expect that the 187.5p contract stays ITM.
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.
Will post a different format of my #options ideas shortly today with some more details and my thoughts behind it, as well as #TheStrat related point of view. I think you’ll like it β€οΈ
Weekend nearly over, it’s Sunday and therefore time for another #SundaySwing post here. As always, I’ll painted some charts of tickers from my - nearly - static watchlist as ideas to learn trading #TheStrat and understanding my thoughts as documentation of these for reviewing later.
TL;DR No recap today, because I didn’t traded.
Long version:
I knew that I will have a stressful day at work so I couldn’t have time to play 0dte contracts today, because I like my money and don’t hate it. I even didn’t set up any alerts or painted charts for my usually β¦
The recap is a quick one today, because I had no time to trade, looked how my ideas I posted this morning worked today and being a bit sad. But just a little bit, because tomorrow is a new day and since there is always another trade, there will be another opportunity to make some money.
However, to β¦
Crazy day on some stocks especially at open and after hours, stayed away from it. Surprisingly din’t had FOMO on entering on any of that stocks, maybe I learned something the last few months π€.
Small profits today, nothing really exciting, but no red day.
$CVX 113p - π― small profit 12% right β¦
A positive thing about the DST change from yesterday here in Central Europe is that I like the NYSE market hours a lot more next couple of weeks, saves me one full hour in the evening π΄
Let’s start the November relaxed and chilled with some #SundaySwing ideas based on the monthly chart. So plenty of time to develop and also plenty of time to play them out because expiration is at least 4-6 weeks out.
Last day of October, for #TheStrat: close of month, week, day and 60m. Starting fresh on Monday into a new month.
That being said, today was weird for my setups. 3 out of 6 setups I had triggered, but 0dte plays are risky and I learned a few things too, again…
$HD 370p π - triggered right at β¦
Trying to stay consistent with those recaps, have only watched 3 tickers today and had also mixed feeling if bullish or bearish on those.
Out of those 3 $FB was a play in both directions with a hughe move intraday down and up and down again.
$FB 305p π― - triggered right at open, got in a little β¦
Last recap is from 10/20, so being a bit lazy on these recaps, but I also didn’t traded that much and concentrated on some of the swing plays Iwrote about, so not many daytrades. And since I currently try to learn and understand a few new things to - hopefully - improve my trading, I take the β¦
Decided to give @BlackBoxStocks a try and see if I can combine it with #TheStrat to benefite from it. Let’s see how this ends up.
Did some paper-trades on a few of the flows I saw today, based on @7StarMike checklist for flows.
Last weeks #SundaySwing ideas blog post here worked really great for me, because I came back multiple times to my own writing to see what my thought was on one of the swing plays I had selected. So I will continue to do the same this week and I hope this helps you too.