Low volume, seasonal bias, rising NYSI, slow drift to another 100% — 12/26/2023

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.

The open signal is clear and truly simple.

If the call options are above their open, buy the calls; if the put options are above their open, buy the puts.

That’s it, but use a stop-loss to control risk.

12/26/2023 — -END OF THE DAY…

Posted this on during the day when it was up 114% to lock the 100% gain:

The complete day trade faded into the close for a final profit of nearly 50%, $497 about for every $1,000 put into the trade: