$SPY #Options #DayTrade — Friday’s 392put up 340%

This chart is set to display return per $1,000 in play in the white flag on the right axis (the #1Kdaytrade on Twitter), and $10,000 in play in the green flag on the right axis (the #10Ktrade on Twitter).

Mid-day today has already been spectacular — up 289%. At the close, up 340% for the day trade.

PREVIOUS POSTS ON OTHER DAYS (click to see details):

$SPY #Options #DayTrade — today’s 386 Call up 265%

Today’s #Options #DayTrade — $SPY 393Put up 164%

Today’s #Options day trade — $SPY 389call up 65%

TODAY’S 390CALL UP 105% ON THE DAY TRADE

All signals and trades in these (strikes and expirations change daily) are based on this simple:

TRADING STRATEGY

There are so many options strategies in the stock market the head spins — a straddle, a strangle, a naked and/or a covered put and/or call, a calendar, a condor, an iron condor, an iron butterfly (isn’t that a rock band?) and any combination of any of these for hedging purposes, for capital appreciation or preservation, for gambling. Mind boggling.