Thestrat
What not to do on OPEX daysNot a great day to trade. Perfect example of what not to do on boring slow OPEX days especially after a huge gap down. Should have avoided it or only take A+ set up trades. Got burned and ended up revenge trading in the power hour to gain some losses back, but still ended up red on the day. Anyway, HAPPY MEXICAN INDEPENDENCE DAY!!!
CPI Data release TradeFirst video ever. Once again not financial advice, this is simply to monitor and journal by trade ideas.
This trade was on the ES S&P 500 E-mini Futures. Shorted some contracts off the lunch hour consolidation into the new daily lows. Pretty simple and easy price action to trade today so long as your bias was bearish.
#ict #thestrat #spy #spx #options #futures
SPY Puts 9/2/22 NFP announcemt DayTook SPX puts from $6.10 on the red arrow and they ran all the way to about $80 each contract.
This was on 9/2/22, after announcement of the Non Farm Payroll (NFP) data, which was announced at 5:30am PST. It was as easy as you see it. Opened with a gap up, that lead to a slight pullback that did not fill the gap at first. It bounced and took out the previous days high, creating Buy side liquidity. Retail would think that the break out will continue hence buying in hopes of a move up. Price held for a while riding that high and never made a significant move above ever again. It then proceeded to dump and dumped hard, also right after Biden's speech. The targets are self explanatory. Sold some way to soon but its all good still got a nice move. #ict #thestrat #priceaction #spy #spx #puts #options
META levels and price tartgets 8/31 - jtgladiatorNASDAQ:META
Chart: www.tradingview.com
We got a big potential move again for META. I expect puts to keep paying based off of entries from 8/30.
See my related ideas for more info on those.
163c > 161.66 PT 163 170. Get ready for puts on the reversal
155p < 155.91 PT 155.23 150.83 140 137 - monthly swing if it breaks below 155.23
META day trade and monthly swing idea - jtgladiatorNASDAQ:META
META is looking weak at these level. Its setup for a really great monthly swing.
Lets watch the price action and see what happens.
Here are my levels:
For the day traders/weekly player:
170c > 163.05 Confirm hold above this level before taking calls.
Grab puts 160p on the rejection of this level.
155p < 159.17 PT is 155.23.
If this level holds and there is a bounce, then grab the 160c.
For monthly swing play:
The swing entry for this is 155.23 with a PT of 137. I am hoping this stays an inside candle for the next two days.
be prepared for the reversal to grab calls...but I think this is put city.
Let me know what you think in the comments
AAPL Put/Short Swing Idea - jtgladiatorNASDAQ:AAPL
Hey fam,
The AAPL swing idea is pretty straight forward. There was a decent reversal off 176.15
We had the inside candle on thursday followed by the big red candle down on Friday.
Looking at the weekly we have a very long wick on the shooter.
I am looking for a break below and hold of 171.31 to grab a 170p for 8/26 or 165p for 9/2 or later.
The price action is pushing us down. Look for price aggregation to potentially reverse off this level. If it does, grab calls.
Calls
175c > 173.74 or puts if it "rejects"
Puts
170p or 165p < 171.31 - calls on the reversal
My live chart
www.tradingview.com
AMD Put Swing Idea 8/22 - jtgladiatorNASDAQ:AMD
AMD has got a couple inside candles on the weekly. With Fridays close in the red we have a 22 Reversal AND looking for a revstrat on the weekly to the downside. Could go green but I like it short.
Call swing idea:
101c > 99.25 - if price reverses here then grab 95p
Put Swing Idea:
94p < 94.59 to swing for 8/26
85p to swing for 9/2 or even 9/16 - buy time. Price can reverse here so grab calls if it does.
MY live Chart -
www.tradingview.com