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 today…
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 Reversal…
$QQQ 60min chart on Trendspider with entry triggers
Got a fill on some contracts at .60 and it – as we always think, the market knews when we enter – dropped immeditiately back to 392.90. I got out at 393.90 but still that felt so wrong and stupid to me.
$QQQ 5min chart with the bad trade
As you see, I cut that trade but still lost 50% of my position at this time in 3 minutes of time.
… and ended as a 2d-3d on the 60min 😢
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 – hopefully – learn from such stupid things in the future.
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.
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 ❤️
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 Friday Lotto 🎟️ list, to not start and try something out and then have no time to watch it.
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 document my ideas, here are the results of the ideas that triggered.
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 🤔.
Small profits today, nothing really exciting, but no red day.
$CVX 113p - 🎯 small profit 12% right at open, exited on the reversal 5min chart $TDOC 147p - 🎯 triggered and hit my projected target and bit more, decided to exit here.
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 😴
