Let’s do a quick Short Recap on the day
08/02/2023

P/L + $79,893.00

Traded $SPX

Tools Used: Chart Structure & Gamma, Vanna, & Speed Exposure

Thread 🧵👇🏼 $SPX $SPY Identify the environments!!
Negative Gamma Exposure
Negative Vanna Exposure

Hi Traders! (Educational Post)

Let's talk about an advanced trading strategy today that uses 'Time and Sales' (T&S) and 'Gamma Exposure' (GEX) as 'magnets' for price. 🧲

Thread 🧵👇🏼 Firstly, remember that GEX represents the sensitivity of an option's delta to changes in the price of the underlying asset. High GEX AOI's (Area of Interest) often act as a 'magnet' for price due to market makers needing to hedge their options positions. 🎯

Here’s how I was able to take advantage of $TSLA breakout this month and make
$74,381.41

Using the Roll Up strategy
Now this strategy has nothing to do with technicals / it’s more of a momentum continuation & risk management strategy

Thread 🧵👇🏼 When a stock is breaking out, as traders we really don’t know how far it can actually go, yes we set targets and profit levels but sometimes our targets get hit and stock continues to the upside even higher

Let’s do a quick Trade recap on this $SPX day trade
P/L + $22,627.18
06/21/2023
All times listed below in eastern time
Tools used: Chart Price action structure & Gamma / vanna exposure

Thread below 👇🏼 🧵 So off open we rejected 4175 area before dumping towards 4160 and holding as a bounce level
You can see $SPX holding the bounce level and going to retest the 4170 area before rejecting for a second time.
As it approached the 4160 level marking a double bottom the second time

Let’s talk about Implied Volatility (IV). In my opinion it’s the best tool you can use as an options trader. I got another thread for you. ⬇️⬇️ read below Implied volatility (IV) represents the expected volatility of a stock over the life of the option. As expectations change, option premium reacts appropriately.
IV is directly influenced by the supply & Demand of an option.

If your a trader that keeps turning your Green Days to Red Days, this thread is for you. Read this ⬇️⬇️ Identify how risk adverse you are as a trader with a simple risk management scale.
Depending on my mood for the day, usually if I’m green after the first hour, I’m a 70/30 type of trader. I keep 70, risk 30.