Low volume, seasonal bias, rising NYSI, slow drift to another 100% — 12/26/2023
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.
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.
12/26/2023 — -END OF THE DAY…
Posted this on during the day when it was up 114% to lock the 100% gain:
The complete day trade faded into the close for a final profit of nearly 50%, $497 about for every $1,000 put into the trade:
