A seesaw trending day up that fell down and ran up again — 11/14/2023

Michael Petryni
1 min readNov 15, 2023


They say buying options is a “fool’s game” and day trading options is impossible. So let’s say right off — they are wrong about that.

TRADES are based on this simple day-trading strategy to be on the long side of the calls and puts for day trades; and referenced in this story — I told a guy how to make 100% day trading options and I doubt he believes me.

The open signal is clear and truly simple.

If the call options are above their open, buy the calls; if the put options are above their open, buy the puts.

That’s it, but use a stop-loss to control risk.

11/14/2023 — AFTER THE CLOSE

Posted this as the market took vaulted up again and the 445CALL locked in a 100% gain:

It went higher but sold off mid-day enough to bring in more buyers and finish its day trade up 88% at the close.

A trailing stop guaranteed the 100% profit target. Letting the “Simple Strategy” ride to the close scored the 88%.

Sometimes it is “knowing when to hold ’em, when to fold ‘em” but sometimes it is simply “forgetaboutit!”



Michael Petryni

Journalist, film critic, screenwriter, proprietary trader seeking simplicity in trading. https://thegodoftrading.medium.com/membership