🚨🚨OUR $NVDA READ FOR TOMORROW:
Opens down 2-4%. The $215-$220 range. The vol crush vanna unwind hits first. Tonight's after-hours selling carries into the open. The sell-the-news pattern plays out in the first 30 minutes.
Then the magnets catch it. $220 magnet at +$50M. $225 at +$33M. The 402M dealer delta short means any stabilization forces buying. The all-magnet structure with zero accelerators provides a floor that doesn't exist in most stocks.
If $220 holds by 10:30 AM: recovery toward $225-$230 by close. The delta engine overrides the vanna headwind once the vol crush settles. The magnets pull.
If $220 breaks: $210 is the next magnet at +$14M. Below that, $202 GEX flip. Breaking $202 changes the regime entirely.
The pinpoint: $218-$222 is the buy zone. The vanna sells it there. The magnets and dealer delta buy it back. The close lands $225-$228 if $220 holds.
The risk is real below $202. But the all-magnet structure with 402M of dealer delta and zero accelerators is the strongest post-earnings floor we've measured in a single name this earnings season.
We would be surprised if $NVDA does not close at or near $230 tomorrow. $QQQ $SMH
@ChumScalper $MU makes the HBM memory chips that go into every NVDA GPU. When institutions buy MU blocks after an NVDA beat, they're betting the demand NVDA just confirmed flows downstream. It's a supply chain validation trade. Bullish for both.
We're seeing non-stop block buying in $MU during the after-hours session this evening. Any weakness tomorrow should be a buy-the-dip opportunity.
NOT INVESTMENT ADVICE
$SPY $QQQ
@make1lifecount Green is good! I started today with a great scalp +500 then chased the dragon down to -3500. Definitely a learning lesson in there for me. Thankfully had a good streak so not a huge deal but can’t dwell on it too much!
Day trading COM update:
Too many downside plays on a day that swings bias towards the upside, key learning there! Fun day nonetheless, losses are part of it all, risk management says to stop here!
- Closed: 5/20/2026
- Tickers: $NVDA 5/22P 217.5, $SPY 5/20C 736, $SPY 5/20C 738, $SPY 5/20C 740, $SPY 5/20P 734, $SPY 5/20P 736, $SPY 5/20P 737, $SPY 5/21P 739, $SPY 7/17P 737
- Success Rate: 9W / 8L (53%)
- PnL: 🔴 -6.8%
Good Day You Dangerous People! ⚡
What a roller coaster of a day. I was right to stay pessimistic, twice. But honestly, I messed myself up after the open by thinking we were about to break below 730 on $SPY.
That run and dump gave me a solid recovery though, but weak given the day.
Finished with 12 trades, 5 wins / 7 losses → +3.1% P&L (but it definitely wasn’t pretty).
Anyway, the calcs still show us stuck in the range, with a potential move back into the core choppy zone. Everything right now seems to depend on $NVDA.
Hope you all had a great day and are out there touching grass!!
@shentrades#8 and #10 are key for long-term, learning that the hard way in 2026. The system can be flawless, but human emotions/psychology are often not given the same weight as they should! Good write-up here.
i trade $SPY 0DTE every day.
the rules stay the same every session.
1) identify your intraday bias before open.
bullish. bearish. neutral.
know it before you touch the platform.
2) mark your levels pre-market.
whole dollar strikes. PMH. PML. PDH. PDL.
these are where price reacts. every time.
3) first touch only.
fresh level. fresh orders. cleanest reaction.
2nd touch = smaller size.
3rd touch = no trade.
4) run the conviction stack before every entry.
fast move to the level ($2-3+)? ✓
RSI > 70 for puts · RSI < 30 for calls? ✓
first touch today? ✓
all three = full size. two = smaller. one = skip.
5) strike selection: 1-strike OTM. nothing further.
you're not betting on a $5 move.
you're capturing the first reaction.
6) if the trade hasn't moved toward breakeven in 30 minutes — scale out.
morning session setups should play out within 1–15 minutes..
if thesis weakens, then exit and reposition. don't hold and hope.
7) never chase a missed entry.
if your level triggered and you weren't in — let it go.
there will be another level. another session.
chasing is how accounts get blown.
8) +15% target. exit immediately. no exceptions.
not +20%. not +30%.
take the base hit. platform closes.
the market will always be there tomorrow.
9) trail your stop after TP1.
especially on choppy days.
lock in what you have.
never let a winner turn into a loser.
10) no mental stop losses. ever.
the moment you enter — your stop loss is already set.
not in your head. in the platform.
a mental stop is just hope with a number attached.
and hope is not a trading strategy.
simple rules.
not always easy to follow.
but the traders who last are the ones who follow them anyway.
that’s pretty much the system.
save this for later.
let me know how it goes!
$SPY , reviewing a couple scalp set-ups today that were successful (over 20%+ gains on each, 0DTE). Obviously this is not always the case 100% of the time, but thought I would share, nfa!
Scalp CALL 🔼
> Setup: Continued momentum of the upswing after the lunch-time consolidation.
> 9/21 EMA cross & pop (fast EMA reclaimed above slow EMA).
> VWAP reclaim + hold.
> Hammer candle at support (clear rejection).
Entered on the break above the circled consolidation. Quick momentum scalp with tight risk under the hammer low.
Scalp PUT 🔽
> Setup: Continued momentum of the downswing into the close.
> 9/21 EMA cross & pop (now to the downside).
> Hanging Man at resistance (clear failure to hold highs).
Price rejecting the rising trendline + VWAP, a clean breakdown after the failed push higher.
Same rules for both, opposite directions!