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I told a guy how to make 100% day trading options and I doubt he believes me — 6/07/2023 update

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 recognize that simplicity.

Back to when this simple strategy first went public — posted on September 26th, 2021.

Today’s example:

Just posting this to keep a record of how often 100% plus happens on one side or the other with this strategy.

DURING THE DAY:

ON THE CLOSE:

(The white flag on the chart’s right axis shows the current dollars/percentage gain for each $1,000 traded. The green flags show the closed trades. 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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