The #SimpleOptionsDayTrade puts in its most spectacular day with SPY, QQQ, AAPL, MSFT, NVDA, AMD options all gaining more than 100% — 07/24/2024

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.

The Simple Options Day Trade 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, that’s all there is to this, but use a stop-loss to control risk.

7/24/2024 — End of the day…

It was a bloodbath across the board in the market today.

All all the major indexes took big hits.

Of those stocks in my Nifty50StockList, only two were up on the day and those two just barely.

This might be a climatic drop — too far down, too fast — that could bounce quickly tomorrow…or crash further.