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They say buying options is a “fool’s game.” So let’s say right off — they are wrong about that.

Michael Petryni
3 min readApr 21, 2022

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THE SIMPLE STRATEGY

They say buying options is a “fool’s game.” 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.

With examples chronicled in this link: The goal is 100% a day #DayTrading $Spy #Options and in this link: #DayTrading $SPY #Options — April, 2022.

Know when to hold ’em, know when to fold ‘em…But never hold ’em overnight.

4/29/2022 — During the day…

Today’s 424PUT has gain more than 100%…

(The white flags on the right axis of the charts below tell the story of the back and forth today for each $1,000 put in the trades. Click on chart for a larger view.)

4/28/2022 — During the day…

Friday’s 422CALL, despite two stop losses early, has gained more than 150% as of this writing…

(The white flags on the right axis of the charts below tell the story of the back and forth today for…

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Michael Petryni
Michael Petryni

Written by Michael Petryni

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

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