I don't really use charts for idea generation. I have multiple positions and each with their own timeframe, none based upon a chart pattern or such. I did get about 1.2k spy on Friday by exercising ITM calls lol:
Got the Quick and Dirty on your option play? Clean and simple or ...a dest special, or somewhere inbetween? We can go look up the name if nothing else, lol. gotta start somewhere.
Unfortunately very few trades are easy lol. I needed to add beta exposure to my portfolio, to offset the heavy short positions I held through last week. The SPY trade contributed less than 1/8th of today’s pnl.
Don't know if this Trader got his numbers but if not, then his numbers must be large. Regardless, not too shabby for a guy who trades upside-down under the equator. Maybe that helps with circulation to the brain. Nice! Quote "This trade wasn't complicated" "Anatomy of a fun 2-day trade (AMC +$60k)" https://www.elitetrader.com/et/threads/anatomy-of-a-fun-2-day-trade-amc-60k.359907/