1000% profit today Day Trading S&P 500 using SPY weekly options

1000% profit opportunity today Day Trading the S&P 500 -0.14% using SPY -0.15% weekly options

Profit Opportunity SPY -0.15% going Up with a Call
June 9, 2017 SPY -0.15% 060917 244 CALL Bought at $.33 SOLD AT $1.00 FOR 200% PROFIT

Profit Opportunity SPY -0.15% going Down with a Put
June 9, 2017 SPY -0.15% 060917 245 PUT Bought at $.33 SOLD AT $3.00 FOR 800% PROFIT

1000% profit opportunity today just focusing on SPY -0.15% and its Wednesday and Friday expiration weekly options.
Position opened and closed today
Nice trade congrats!

Can you tell us which particular strategy(s) you utilized in these last couple trades?
Phản hồi
GIFTEC kbynum2
@kbynum2, (copied and pasted reply from other post) My strategy is all inclusive swing day trading. I apply multiple indicators, look at support and resistance levels, I follow news events, even what day of the week it is. Monday is usually a lazy day going nowhere as the market decides on a direction. Tuesday and Wednesday are quite often up days. Thursday and Friday tend to be down days. Fridays can be very profitable down days as traders take profits from Tuesday and Wednesday up days and close positions ahead of the weekend. If Tuesday and Wednesday are up days Thursday and Friday can be bargain hunting days and be rally days. This Friday after the run up I was pretty confident there would be a sell off and there was. So you should use lots of analysis before you risk your hard earned money. Try to make the odds as much as possible in your favor. Do your homework and due diligence.
Phản hồi
@GIFTEC, correction - If Tuesday and Wednesday are down days Thursday and Friday can be bargain hunting days and be rally days.
Phản hồi
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