Member-only story
Plans for the weekend? Quick 100% in the $SPY #OPTIONS #DAYTRADE and done for the day— 10/20/2023
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.
The open signal is clear and truly simple.
If the call options are above their open, buy those; if the put options are above their open, buy those.
That’s it, but use a stop-loss to control risk.
10/23/2023 — During the day, housekeeping in the “Broken Records Options” library.
Just catching up here on what happened Friday.