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🎯 FIND YOUR OWN OPTIONS PLAYS 🎯
🔥 A day-trading preparation guide 🔥
1. Selecting Stocks
2. Identify Key Levels #LevelsDontLie
3. Strikes
4. Assessing Premiums
These four steps should set options traders up for self-sustainable success. 📈
🔥 A day-trading preparation guide 🔥
1. Selecting Stocks
2. Identify Key Levels #LevelsDontLie
3. Strikes
4. Assessing Premiums
These four steps should set options traders up for self-sustainable success. 📈
1. Selecting Stocks
The first question I always ask: "Are other people trading this ticker?" Volume is crucial for options. If the underlying stock is not moving, or is very choppy, how can you expect the options to perform well?
The first question I always ask: "Are other people trading this ticker?" Volume is crucial for options. If the underlying stock is not moving, or is very choppy, how can you expect the options to perform well?
Stocks that average at least a few million in volume should be your starting point.
Next, gauge the sentiment. Are people on Twitter talking about it? Has there been recent news? Is there bearish or bullish flow? Use Twitter as a resource.
Next, gauge the sentiment. Are people on Twitter talking about it? Has there been recent news? Is there bearish or bullish flow? Use Twitter as a resource.
