#DayTrading Dispatch 2022— Is it a video game or what?

The simplicity of day trading SPY and stock options to limit risk, minimize time decay and grab big gains.

Michael Petryni

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They say buying options is a “fool’s game.” So let’s say right off — they are wrong about that. The market and its stocks either go up or they go down. It’s amazing how hard it is to recognizing that simplicity.

The key to this day-trading strategy game is here: I told a guy how to make 100% day trading options and I doubt he believes me.

1/27/2022 — During the day…

Profits possible on both sides, the up and down, of the market but one had to sell the day trades into strength in the craziness.

First the CALLS:

1/27/2022 — End of the day…

Then the PUTS:

The white flags on the left axis are the dollar/percentage losses from stops; the white flags on the right axis are the current dollar/percentage gains for the day per each $1,000 traded). Click on the chart for a larger view.

1/24/2022 —During the day…

It never hurts to take a profit when you have one…

The white flags on the left axis are the dollar/percentage losses from stops; the white flags on the right axis are the current dollar/percentage gains for the day per each $1,000 traded). Click on the chart for a larger view.

1/20/2022 — End of the day…

This was early in the day:

And this was the rest of the day:

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Michael Petryni

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