Member-only story

So what else is new? The #SimpleOptionsDayTrade takes $SPY to another 100% winner— 4/24/2024

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.

Michael Petryni
2 min readApr 24, 2024
Image by drobotdean on Freepik

The Simple Options Strategy

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.

4/24/2024 — During the day…

The SPY 507PUT locked its 100% profit target for the day trade.

So what else is new?

For SPY options this is now the 7th time this month, so far, there have 100% day trading profit targets hit on either the calls or the puts.

With the Simple Option Strategy trading is little winners, little losers, big winners. The big winners happen when the market…

--

--

Michael Petryni
Michael Petryni

Written by Michael Petryni

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

No responses yet