2020% PROFIT IN 3 DAYS 3 TRADES Where else can you get profits like these? Limited risk for unlimited reward.
Daily investing for daily income.
The power of compound investing. $1000.00 invested on Wednesday morning becomes $9,885.00 $9,885.00 invested on Thursday morning becomes $44,325.00 $44,325.00 invested on Friday morning becomes $392,276.25
Trade SPY OPTIONS daily for daily income.
Simple buy to open, sell to close. Buy one option at the open sell it later ,usually by noon est, for a profit.
May 17 profit 785%
May 16 profit 350%
May 15 profit 885%
Daily profits May 16 350% May 15 835% May 14 150% May 13 55% May 10 850% May 9 35% May 8 70% May 7 260% May 6 1525% May 3 250% May 2 150% May 1 1900%
I can see the straddle strategy , than it's all about liquidity at the strike prices and nailing big volatility in short amount of time , get it all lined up and yes huge profits , interesting . I play SPY options also , because of the liquidity .
GIFTEC
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@Peterson, The straddle strategy would have worked great on Wednesday Thursday and Friday with the large move in a short time. Straddles are more expensive to trade because of the double cost and are more hands on.
We pick a CALL and a PUT to follow before the open then decide on one to follow from the open.
If direction changes after the open and the second option becomes profitable we switch and follow that leg.
We follow one leg at a time so it is more of a pair strategy than a straddle strategy.
We have indicators that we follow with our settings.
Friday was perfect with our indicator giving us a BOTTOM SIGNAL at the open then a TOP signal at 11:00 am et
Moves are often done by noon eastern which was the case Wed Thurs and Fri
done by noon est
SPY 052919 276.00 PUT OPEN $.15 HIGH $.50 UP 230%