1. Momentum Pullback Trade
• Setup: Stock in a strong trend (up or down) pulls back to 20 EMA.
• Entry: Buy ATM or slightly OTM call/put on bounce confirmation.
• Exit: Target 50–100% gain, stop 30–50% loss of premium.
• Extra: Works best mid-week (Tue–Thu) for weekly options.
2. Breakout Trade
• Setup: Stock consolidates near resistance/support; volume starts spiking.
• Entry: Buy ATM call/put when price breaks out with strong candle + volume.
• Exit: Take profits quickly—weekly options move fast.
• Extra: Combine with RSI >70 (calls) or <30 (puts) to confirm momentum.
3. Earnings/News Spike Trade
• Setup: Upcoming earnings or catalyst event expected to move stock sharply.
• Entry: Buy ATM weekly options 1–2 days before announcement if implied volatility is moderate.
• Exit: Close pre-earnings or after initial spike; avoid holding too long if IV crush hits.
• Extra: Only trade highly liquid stocks to avoid slippage.
• Stick to high liquidity and volume (open interest > 1,000 contracts).
• Always manage risk—never risk more than 1–2% of account per trade.
• Weekly options = fast moves, fast exits. Be ready to act.