Amazing Trades This Week!
Finding opportunity in the market mayhem
$SPY - 8/30 Dump
Wed SPX 3950p on 402.60 break
0.30 Average Entry
$7.80 Last Exit
$SPY - 9/2 Day 2 Rally
400c for bounce off 396.50
4 Average Entry
$2 Average Exit
$SPX - Bear Put Swing Update
SPX Oct 31 3700/3500
Vertical Puts for $10-13
12 Average Entry
$39 current price
$NFLX - short vs 232 level
Target 224 or less
3.50 Average Entry
$5.50 Average Exit
ROR: Reward over Risk CV: Contract Value
(Disclosure: Simulated Results based on Plans shared, Actual Execution and Results May Vary)
Stocks I'm watching this Week
OVERALL THEME: Overall looking for rallies to get short with possible break of last week lows this week. If we rally/consolidate will be looking for consolidation action and triggered next leg in a week or two.
$META - watching for support break after long term consolidation
- Bearish Engulfing Candle
- Possible 155 support break
if 155 breaks take 150 and 152.50p risk vs 156 reclaim.
I might be early on watching this, but I want this on radar because on the day it breaks, I'm expecting a fast drop.
SPY - Looking for great risk/reward short entries on rallies. May quickie scalp long.
- Powell speaks on Wed before market open on 9/7
- Last speech very hawkish rhetoric. If any rally, expecting more hawkish statements
- Fed reducing balance sheet from $35B to 90B in Sept
- Powell speaking ahead of market may trigger major selling before open
- with so much put flow, chance of short squeeze
Ideally get a push / retest of 400/406 level before next leg down. Looking for strength to get short. If 388/387 breaks could see 380 quickly, and if 380 breaks would expect to see 360 very quickly. Overall I think 330 or less can come by end of Oct.
NOTE: We alerted and entered Oct 31 bear 3700/3500 vertical put at $10-13+. over $38 now, do we get $200 in Oct?
AAPL - Sell the News on any rally from Apple event on Sept 7.
- selling with market
- large rally, and setup for multi week down trend
- Often experiences sell the news behavior during event.
Will be watching for exhaustion on 9/7 for short entry.
The stock market is a platform that connects buyers and sellers of shares, allowing them to trade at fluctuating prices. However, at the end of each
Banking with PlanningMy original thesis of 403.70 would hold for more consolidation was wrong, so when that level broke on volume, I started Planning.List of Steps