So how was it today with the #SimpleOptionDayTrade strategy? In a word DAZZLING! Five Puts for more than 200% on 02/27/2025
They say that buying day trading options a "fool's game", So let's say right off THEY ARE WRONG ABOUT THAT!
THE ENTRY SIGNAL
If the SPY call or QQQ call or a STOCK call is above its open, buy the calls. If the SPY or QQQ put or a STOCK put is above its open, buy the put.
(The purple line on the chart below is today’s open.)
THE PROFIT TARGET
At least, a 100% gain for the day.
THE SELL SIGNAL
Never hold overnight. It is a day trade no matter what.
TODAY’S SIMPLE OPTION DAY TRADE
I don’t know if the Simple Options Day Trade is the best option day-trading system there is but on trending day like today it surely puts the question in play.
Read the white flags flying on the right axis of each options chart below at the end of the day. Those are the dollars gained for each $1,100 put in the trade.
(Click on the charts for a larger view._
SPY:
QQQ:
MSFT:
AMD:
AND FINALLY NVDA:
THE QUESTIONS ARE:
There are no questions. These day trades and they are done.
And tomorrow is, as they say, another day,.
Usually freaky on Fridays.