Member-only story
I tell you what, let’s toss $10K into $AAPL #options and see what happens…
#MarketTiming with the #NYMO/#NYSI…
07/19/2022 — END OF THE DAY
Based on this strategy: MarketTiming AAPL Options, the AAPL weekly148CALL/148PUT pair, expiring Friday, closed the day trade up $7,240 for the day trade.
(See the white flags on the charts’ right axis for current dollars on each $10K traded. A green flag marks closed profits. Click on the charts for a larger view.)
07/07/2022 — DURING THE DAY
Buying the weekly in-the-money 137 call on the NYSI buy signal on the open of 7/5, three trading days ago.
Based on this strategy: MarketTiming AAPL Options.
So what’s happening?
As I write this, the profit is 160%, up $16,000 on the $10K trade.
With one day left to go until expiration, but who says one can’t take the money and run any time?
No one.
UPDATE — END OF THE DAY
And on day-four of the trade, the AAPL weekly 137CALL racked up 266%, a total of $26,640 for each $10K in the trade.
The “all-important” NYSI market timing signal more than a clue to the future price moments. With most stocks and ETFs it is an invitation to rake in profits.