Market Sector Performance📈📉
Sea of red across the board as energy $XLE, materials $XLB, and tech $XLK continue selling off
$VIX on the other hand up +5.50% at $27.30
You Asked, We Delivered😈
Here is PsychoTrader’s Guide to Trading Options
A deep dive into the strategy I used to become a consistently profitable trader and live from the market
- Getting Ready
- Setups I look for
- Position Sizing
- Account Management
- Losses
Watchlist 9/1
$SPY 388p under 390 / 403c over 401.5
$PYPL 90p under 90.7 / 98c over 97.40
$OXY 67p under 67.25 / 73c over 72.5
$NVDA 138p under 140.55
Stocks gapped down overnight again. Watch 390 level on SPY
Market Sector Performance📈📉
Even day across the board so far as we see some relief from recent selling pressures
Communication services $XLC outperforming led by $NFLX and $META while energy sector continues to fall following recent run up.
Watchlist 8/31
$IWM - 182p under 183.5 / 190c over 189.15
$MSFT - 257.5p under 260 / 270c over 269
$PYPL - 90p under 90.7 / 98c over 97.41
$AMD - 84p under 85.3 / 92c over 90.75
$OXY - 66p under 67.25 / 73c over 72.5
Favor smaller positions and taking profits quickly
Watchlist 8/30
$SPY 410c over 407 / 398p under 400
$IWM 192c over 191 / 183p under 184.25
$AAPL 165c over 163.75 / 158p under 159.5
$PYPL 99c over 97.40 / 90p under 90.7
Stay patient and good luck🎲
8/19 Watchlist😈
$IWM 195p under 196 / 200c over 197
$GOOG 124c over 123.26 / 118.5p under 119.33
$MSFT 295c over 294.2 / 285p under 286.36
$NVDA 190c over 187.15 / 177.5p under 178.70
$WMT 144c over 142.75 / 136p under 137.4
Stay patient, likely to be very choppy day
Watchlist 8/18😈
$SPY 433c over 431.75 / 423p under 425.5
$GOOG 124c over 123.26 / 118.5p under 119.33
$MSFT 295c over 294.2 / 285p under 286.36
$NVDA 190c over 187.15 / 177.5p under 178.70
$WMT 144c over 142.75 / 136p under 137.4
Stay patient, likely to be a volatile day
Watchlist 8/12😈
$AMZN 145c over 144.6 / 135p under 136.25
$META 187.5c over 185 / 175p under 176
$WMT 132c over 131 / 126p under 126.88
$BA 172.5c over 171.75 / 162.5p under 165
Big range after yesterday's chop. Stay patient and good luck🎲