Chop, chop, scalping the $SPY all day

THE SIMPLE STRATEGY

They say buying options is a “fool’s game.” 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 the day; and referenced in this story — I told a guy how to make 100% day trading options and I doubt he believes me.

Know when to hold ’em, know when to fold ‘em…

4/14/2022 — During the day…

Today’s 442CALL/444PUT combo has hit more than 100% on a put run in a fast market…

(The white flag on the chart’s right axis displays the dollar/percentage gain for each $1,000 traded. Click on the chart for a larger view.)

4/13/2022 — During the day…

Today’s 443CALL is up 62.4% at the moment, $624 for each $1K traded.

(The white flag on the chart’s right axis displays the dollar/percentage gain for each $1,000 traded. Click on the chart for a larger view.)

4/12/2022