I've been trading options on and off for the past five years. Had some great days.. but also managed to blow up three 5-10k accounts. But today marks a fresh start.
I'm taking on a challenge: turning $57 into $500,000.
The rules? I'm going to cap it at two trades a day (I like to overtrade) one setup of my own and one based on a recommendation from this community.
So, what are you watching today? I know theta will heavily effect contract prices today, I'll be patient.
What setups are you watching today?
I'm watching Baba over 146 and if it breaks 150 gap fill to 160 (probably wont happen tomorrow it never does unless i sell early) or a bounce off 137. Could break 137 and head to 129, also watching that.
Drop your best setups, and I’ll pick mine or yours to trade. Let’s see how this goes.