Member-only story

Michael Petryni
6 min readJul 14, 2022

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#DayTrading $SPY #OPTIONS — JULY, 2022

THE SIMPLE STRATEGY

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.

With examples chronicled in this link: The goal is 100% a day #DayTrading $Spy #Options March, and in this link: #DayTrading $SPY #Options — April, 2022 and in this link: They say buying options is a “fool’s game” — May 2022 and in this link: #DayTrading $SPY #OPTIONS — June, 2022.

TOTAL GAIN FOR JULY: $17,298 FOR EACH $1,000 TRADED, 1730% (see the white and green flags on the right axis of the charts below).

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7/29/2022 — END OF THE DAY

GAIN: $1,271 for each $1,000 traded.

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

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Michael Petryni
Michael Petryni

Written by Michael Petryni

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

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