Skip to main content

Spy Keeps Climbing

 

spy keeps climbing bulls in charge

 As the SPY keeps going up it's important to keep your eyes on the technical as that is what really tells the story, not the talking heads on TV. 

Here is an article on buying a call option that is very in depth and not for the novice trader. 

Here's a brief summary

Trading an option can be done in many ways, the easiest way imho is to put the option strike in a chart and follow along with the corresponding stock, soon you will understand the flow of that chart as theta decay starts to creep up the closer it gets to expiration.

Popular posts from this blog

Strategic Ways to Scalp Options on QQQ

 ðŸ‘€ Big risk = Big reward. This quick guide is helpful to reference back too, so save it. Scalping 0dte options on the QQQ ETF ( Invesco QQQ Trust ) involves taking advantage of small, short-term price movements in options contracts. It’s a high-risk strategy that requires precision, quick decision-making, and a solid understanding of the market. Here are some of the best practices and strategies for scalping options on QQQ: 1. Choose the Right Options Liquidity: Focus on options with high open interest and volume to ensure tight bid-ask spreads and easy entry/exit. Short Expiration Dates: Use weekly options (closer to expiration) for higher gamma and quicker price movements. At-the-Money (ATM) Options: ATM options provide a good balance of price sensitivity (delta) and affordability. 2. Timing and Market Conditions Focus on Volatility: Trade during high volatility periods, such as at market open (9:30–11:00 AM EST) or around economic data releases. Avoid Flat Markets: Scalpi...

Perfect Home Office Setup

  Perfect Home Office Setup Did you know that 77% of remote workers report higher productivity when working from home - but only if they have the right home office setup?  This includes stock market traders who work from home, an ideal surrounding helps provide focus. The worst thing a day trader can encounter while working at home is distractions, this article shows how to minimize these to provide a more stress-free environment.   Your makeshift dining table workspace might have worked temporarily, but a proper home office setup can be the difference between just getting by and truly thriving in your remote work. Poor setups lead to decreased focus, physical discomfort, and burnout - problems that affect 65% of remote workers. Whether you're new to working from home or looking to upgrade your current workspace, creating an effective home office setup doesn't have to be complicated. From ergonomic essentials to productivity-boosting organization systems, the right elemen...