Acronyms I use:
MNCP: Market Net Call Premium
MNPP: Market Net Put Premium
SNCP: $SPY Net Call Premium
SCPP:
#SPY
Net Put Premium
HOD: High of day
LOD: Low of day
BTO: Buy to open
STC: Sell to close
Iโll update this list routinely
If I had margin, I would have definitely re-entered at noon. $SMCI is what got me to ATHs in the past as well as ATLs so itโs definitely a risky investment. Which is why I stick to 20% returns.
Sold at $12.00 but ended up at $20.05, which is why I think
#UnusualWhales
is a must
Decided to hold. Why? Within the last 3 trading days we see a buildup of Net Put Premium. You would think that if $SPY opened positive and had an upward trend, then the put premium should be below zero with call premiums on top and rising. But it didnโt! Whatโs even more strange
As I stated before. I want to be transparent. That includes humility and admitting when Iโm wrong. I canโt always be right and there are days where SPY Net Flow is clearly bullish or bearish, but SPY would do the opposite. That has been the case last week and now today.
Day 24 Report
Regular: $257 profit ๐ฐ
$1,843->$2,100๐โ
IRA: $631 profit๐ฐ
$1,429->$1,568๐โ
$1,060->$1,260๐โ
$1,010->$1,200๐โ
$1,128->$1,230๐โ
5/5 profitable trades. Donโt ever doubt yourself. If you make a bad trade, learn from it.
Good morning,
Weโre seeing a strong
#bullish
premarket and weโve recovered up to yesterdayโs high of day. Curious to see Market Tide and $SPY Net Flow to confirm this
#bullish
trend. Because itโs Friday, Iโm always leaning towards a
#StockMarket
sell off on the final hour.
Based on the $SPY Net Premium chart, I am
#bearish
. Yes the Market Tide is extremely
#bullish
but I think we will see a reversal. I will enter 1DTE positions soon. So far my current positions are:
0DTE $529p at $0.77(x3); Currently at $0.45
0DTE $529p at $0.75(x7); Currently at
BTO: 12:05pm $SPY 1DTE $533p at $2.20(x10)
โ $7mil gap
โ SNCP declining and SNPP rising
โ Market Tide also
#bearish
โ Volume also red
โ ๏ธ Last play for today. The WFH setup isnโt helping
Day 32 Report
Regular: ๐ชฆ๐
IRA: -$399 loss โ ๏ธ
$324->$369๐โ
$272->$280๐โ
$670->$810๐โ
$1,132->$540 ๐โ
Overnight positions
$NVDA 6/21 $132c
Gonna test out the market tide strategy again tomorrow. Small entries of course so there might not be as much activity for my
Day 28 Report
Regular: -$540 loss โ ๏ธ
$570->$30๐โ
IRA: -$510 loss (realized) โ ๏ธ
$670->$750๐โ
$1,190->$680๐โ
Current Positions
6/12 $SPY $533p at $2.14(x4)
Sold 10 at $1.25, ~$979 loss so far.
Today took out my regular account. So that account will be on the sidelines
I don't think people realize just how powerful Market Tide can really be once you understand the ins and outs. Taking a couple of hours to look over UW videos and historical charts can really make a difference once you put a strategy to use. The team (Including
@snorlax_uw
) at
Todayโs Market Tide Strategy focused on the following:
$QQQ
$TSLA
$DELL
$NVDA (From Yesterday)
Out of the three,
#QQQ
was the only one that did not follow one rule, explained later, and ended up being sold at a loss. It could have been profitable as it hit $1.38 at peak.
STC: $SPY 1DTE $529p at:
$0.83(x5)
$0.94(x5)
$0.95(x10)
$35 profit ๐ค๐ป
Unfortunately $SPY is too choppy with low volume to make any kind of profit. Volume is still at 11 million (avg 43 million)
BTO: 12:05pm $SPY 1DTE $533p at $2.20(x10)
โ $7mil gap
โ SNCP declining and SNPP rising
โ Market Tide also
#bearish
โ Volume also red
โ ๏ธ Last play for today. The WFH setup isnโt helping
$SPY is continuing its
#bullish
upward trend. Hoping to see
#SPY
breakthrough upper VWAP and maybe retest $544.30
I still have 1 last position with $SPY and $544.15 is my target to get to my 30% goal. Although because itโs $SPY, it can reverse pretty quickly when itโs testing
Hello to all my new followers!
The
#StockMarket
was unusual today. We had a strong bearish open and maintained a huge gap from Net Call Premiums on both Market Tide and $SPY Holdings. Despite that,
#SPY
kept making new HODs and my only theory is that the talking points from
Lunch Break:
Currently have just 1 position open with 6 contracts, $526p for tomorrow. I will sell them today. Just a friendly reminder, Iโll be done trading at around 12:20pm and taking tomorrow off (maybe)
Market Tide has been choppy despite the
#bearish
cross. It might test $540.75 again. I would want to add to my existing position but itโs already noon. $SPY volume is also low as well. Since itโs a Friday, we might see a true direction as we get closer to EOD.
Good morning,
Looks like $SPY was ready to give back the
#bullish
end to yesterday but is recovering in premarket. $256mil of the $279mil in Market Tide Call Premium was all $NVDA yesterday. I wonder if that will continue today. For the most part, I will use
#SPY
Net Flow. The
Day 23 Report
Regular: -$202 Loss โ ๏ธ
$840->$1,160๐โ
$579->$675๐โ
$918->300๐โ
IRA: $1,422 profit๐ฐ
$1,425->$1,800๐โ
$420->$516๐โ
$1,149->$2,100๐โ
Fantastic start in morning. My gains in my IRA recovered 98% of the last 4 red days. Unfortunately I couldnโt say the
Using the โOTM Onlyโ filter, thanks to
@unusual_whales
, we can see a better understanding and a potential cross to dictate $SPY direction
Power is still down, using 1 bar LTE
Sorry guys
๐ฉ 5min/15min May 23rd After Hours Support Line; $525.76
๐ฆ 5min only May 23rd Market Close Support Line; $525.54
๐ง 5min only May 23rd Support Line; $525.14
๐ฅ 5min/15min May 23rd Support Line; $524.95
Iโm not saying $SPY will reach these support lines but it is what Iโm
Good morning,
Iโm hoping today is not too busy at the office. I think I will start to tweet out my entries with this new strategy. I will also use a small portion for my other $SPY Net Flow strategy as well (If
#SPY
is not choppy, or contradicting)
STC: $SPY 0DTE $526p at $1.40(x15)
$257 profit
I wanted to hold for longer, and will probably regret selling, but theta would be eating away any potential of seeing profits
BTO: 10:14am $SPY 0DTE $526p at $1.38(x10)
โ Market Tide currently at
#bearish
cross
โ SNPP has $4.8mil gap on SNCP
โ SNCP down trending despite pullback on
#SPY
Day 25 Report
Regular: -$70 loss โ ๏ธ
$610->$540๐โ
IRA: -$1,577 โ ๏ธโ ๏ธ
$865->$960๐โ
$2,827->$1,950๐โ
$2,750->$2,050๐โ
Today I gave Market Tide the main spotlight due to feedback from the UW community. The
#bearish
outlook did work until the markets started to shift around
$NVDA
Now this trade was started yesterday and I made the foolish mistake of switching the wrong the account from cash to margin. Donโt ask. Anyways, I entered in yesterday at. 12:44pm. Now this one was also risky because it did not follow any of my rules. So why did I buy in?
Todayโs Market Tide Strategy focused on the following:
$QQQ
$TSLA
$DELL
$NVDA (From Yesterday)
Out of the three,
#QQQ
was the only one that did not follow one rule, explained later, and ended up being sold at a loss. It could have been profitable as it hit $1.38 at peak.
At 10:11am I saw the Net Call Premium for $NVDA go into the negatives. Volume was also
#bearish
. NPP was also on top and above zero. It met all 3 of my rules. With risk management. I exited 2 of 3
#NVDA
contracts with 30% return. 1 contract failed to trigger during the reversal
BTO: 1:25pm $SPY 1DTE $533 at $2.75(x10)
โ ๏ธ Following the advice of the UW community.
โ Market Tide is
#bullish
โ SNPP gap declining, SNCP getting higher
Based on the $SPY Net Premium chart, I am
#bearish
. Yes the Market Tide is extremely
#bullish
but I think we will see a reversal. I will enter 1DTE positions soon. So far my current positions are:
0DTE $529p at $0.77(x3); Currently at $0.45
0DTE $529p at $0.75(x7); Currently at
Good morning!
#StockMarket
wants to be
#bearish
but ends up being
#bullish
, this time being the Jobs Report this morning.
The last 2 days have been a head scratcher. Market Tide and $SPY Holdings indicate a strong direction but the price doesnโt reflect.
Heavy storms has
Day 39 Report
P/L: -$13 loss โ ๏ธ
Regular:
$169->$175๐โ $TSLA
$230->$120๐โ $DELL
IRA:
$365->$375๐โ $MSFT
$238->$140๐โ $NVDA
$980->$1,200๐โ $SMCI
$700->$800๐โ
#TSLA
$515->$350๐โ $SPY
$120->$144 ๐โ
#SPY
Looking back at the charts, I should have been extra
Itโs like last week all over again. CPI and FOMC is tomorrow. Could be an anticipation for tomorrow and might explain the contradiction of price and chart.
@assfacecapital
Many doubted you and I wish I saw what you saw early on but that SPY Net Flow dip in the morning proved that you were onto something. ๐ซก
BTO: 1:02pm $SPY 4DTE $519p at $1.25(x2)
Going with a small entry as Iโm at my graduation. Take precaution and use risk management if youโre entering
Why I could be wrong:
Honestly not a fan of being wrong but admitting when I made a bad trade is how I will learn for the next time we see a similar situation. Also transparency. After discussing with the UnusualWhales Discord community, SPY Net Flow sometimes does not have.
Decided to hold. Why? Within the last 3 trading days we see a buildup of Net Put Premium. You would think that if $SPY opened positive and had an upward trend, then the put premium should be below zero with call premiums on top and rising. But it didnโt! Whatโs even more strange
#StockMarket
Lunch Outlook
๐ช: 5min Support Line at $526.16
๐จ: 5min Resistance Line at $526.60
๐จ: 5min Resistance Line at $527.20
Market Tide is still
#bullish
with $15mil gap.
$SPY Net Flow is also
#bullish
and had another tiny spike while SNPP took a small dip
Current
Good morning,
According to the economic calendar provided by Unusual Whales, we have Quad Witching and S&P 500 rebalance today. So there might be some
#bearish
forecast.
Meetings on meetings today. Sorry guys. Seems like today is also hard to read. I managed to sell my $TSLA puts with decent profit but my meetings had me hold these $QQQ puts. Iโll breakdown my theory today
STC: $SPY 0DTE $518c at $2.36(x3)
$291 profit
Not sure what happened, I could have sworn I set a stop loss at $2.36 while it was at $2.50 range. Even the order is a โStop Limit Sellโ what gives
@RobinhoodApp
??