BOT +1 VERTICAL WDC 100 (Weeklys) 31 MAY 24 77/78 CALL @.15 LMT Net Debit [TO OPEN] This trade has filled. This is a $500 Challenge Trade. WDC has multiple Bull DBs across intraday and Daily Time Frames while holding intraday and Daily support levels, looking for a potential follow through by tomorrow. WDC has good follow through rates on Bull DB on time frames printing signals. By using this week's expiration there will no time to manage, so I would keep the risk/cont...
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SOLD -1 INDA 100 17 MAY 24 52 CALL @.23 LMT Credit [TO CLOSE] This trade has filled. THIS IS A $500 CHALLENGE Trade. INDA did not hit the original target I was looking for and is starting to break support levels, so I am closing it out here to protect capital before the weekend. If you think INDA will bounce back up next week and want to try to hold you can. Do what you think is best for your account. Keep in mind your risk and only risk 100% what you are will...
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BOT +1 INDA 100 17 MAY 24 52 CALL @.47 LMT Debit [TO OPEN] This trade has filled. THIS IS A $500 CHALLENGE Trade. INDA has two valid Bull DBs playing up to 52.74 for the earlier print. Looking to see if this will get a quick follow through to lock in, I only plan to be in this trade for a day or two. It will either work or not, so please be mindful of your risk. Do what you think is best for your account. Keep in mind your risk and only risk 100% what you are willing...
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BOT +1 CGC 100 (Weeklys) 3 MAY 24 12 CALL @.37 Debit [TO OPEN] This trade has filled. This is a $500 Challenge Trade. This trade will either work or not, so please be mindful of risk. CGC saw a strong bounce higher yesterday and pullback today while still maintaining a Bullish trend with rising momentum and a move outside the 3rd deviation Bollinger Band. Last time this happened, we ultimately retested the highs and trended higher to next few trading days. If we can g...
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In the Small Account Mentorship over @simplertrading I put on a low risk 5100 pin for today's expiration. We are .04 off at cash settlement, locking us in a nice 4.46 of profit, which is a 892% return on risk. Love $S&P 500 Index (.SPX.US)$ 0 Day Expiration. Will look to rinse and repeat next week!
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SOLD -1 VERTICAL NVDA 100 (Weeklys) 3 MAY 24 907.5/910 CALL @.80 Net Credit [TO OPEN] This trade has filled. This is a $500 Challenge Trade. This is a Profit Recycle Cover Order. DO NOT OPEN THIS IF YOU DID NOT OPEN THE VERTICAL NVDA 100 (Weeklys) 3 MAY 24 905/907.5 CALL I alerted earlier today. Taking this action turns our Long Debit Vertical Spread into a Standard Butterfly. This action also protects our capital risk, locks in a profit and sets up a bonus bu...
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BOT +1 VERTICAL NVDA 100 (Weeklys) 3 MAY 24 905/907.5 CALL @.60 LMT Net Debit [TO OPEN] This trade has filled. This is a $500 CHALLENGE Trade. NVDA has a valid Weekly Bullish Divergent Bar that would need to follow through by next week for the 3 Bar move with a move back up to or above 907.39. This has already has had a strong move up today, but it is currently not giving much back on the intraday charts, so I dont mind jumping in here. I went out of the money to kee...
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Hey traders! If you have been enjoying my $500 Challenge Trade Posts and want to learn more about managing Risk while trading, technical analysis, growing small accounts, and to look at charts and trade ideas in real time with a fun community, come check out the Small Account Mentorship Room over @simplertrading. I am on the mic every trading day teaching, talking and looking for potential trade ideas. Currently we have a Free 30 Day Trial, so come join us and try it ...
SOLD -1 INTC 100 (Weeklys) 26 APR 24 33.5 PUT @2.50 LMT [TO CLOSE] This trade has filled. This is a $500 CHALLENGE Trade. INTC has gapped down on earnings. Locking in the win here, if you think this will continue lower and want to hold closer into the close for a bigger profit you can, just make sure you are out of the trade before market close to avoid any risk. Do what you think is best for your account. Keep in mind your capital risk and only risk 100% what you a...
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BOT +1 STRANGLE INTC 100 (Weeklys) 26 APR 24 36/33.5 CALL/PUT @1.42 LMT [TO OPEN] This trade has filled. This is a $500 CHALLENGE Trade. This is an earnings lotto trade I plan to hold through the announcement, looking for a volatile move to allow for a quick win. This is tomorrow's expiration, so this trade will either work or not work, please keep your risk on the smaller side as anything can happen around the announcement and any sort of "nonevent" move will cause ...
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