For 1/20, intraday trading ideas for options; For red or green market day. #options #daytrading
Break over 460 (entry, long), it can see 462.5-464 (exit)
Break below 450 (entry, short), it can see 446-447.5 (exit)
Option Trading 101:
Risk what you can lose (0.5%-5%)
Watch buyers and sellers (their interactions & sentiment, ex. exhaustion of buying or selling, etc.) in strikes that you’re watching & the ticker too; this is how YOU manage YOUR trade.
Consider following and checking out bio and prior posts and recaps (on twitter ), have a great one. NOT FINANCIAL ADVICE.