SPY Trade Ideas for Wed Jan 14
Our Bull Puts and Bear Calls paid! AlphaOS is making Credit Selling and directional bets easy. My focus is on consistent yield per time spent instead of volatile results and overtrading all day.
Another solid day ! Yesterday’s high probability idea was to wait for a long at 690.50. With a gap up and push from morning CPI and a fail at 697, created a downside pattern. I was lookin for a scalp long for a push into 697 to load up short, but made a plan that if 695 broke, I’d like to go short for 1 to 2 levels of downside to come.
AlphaOS made it each to target bear calls.
I played it safer and took 7005/10 bear calls that went to 0.
Yesterday’s Action
Process = Profits
Lately I’ve been doing the following:
Premarket establish where we likely wont reach. Sell premium for 0.8-0.60 on open.
After 11: second positioning of credit sells.
After 3:30: start hawking/planning for a Spectre Special
What’s a Spectre Special? A yolo trade that goes 300-1000% in under 30 min.
FREE LESSON on catching eod exhaustion
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What is Two Hour Trading?
Two Hour Trading is my system for finding and executing trades while spending less than two hours a day trading. My goal is to earn 100-300% on the capital I risk while waiting for 1000%+ gain trades to set up. Key benefits include:
High-quality trades with excellent reward vs. risk
Avoiding overtrading and losses from it
Trading to win vs. trading not to lose
Stacking the deck in your favor
If you are busy and want to see my commentary and ideas in real time consider joining THT-PRO.
Plan for Wed Jan 14
Stick to process. The process and trade setups I teach works. Rinse and repeat over and over again. There will be losses. Any good system will have them. Being systematic also means the gains will repeat and come again too. If you keep changing your system/process trying in an effort to never lose a trade, you will never get to where you want to go.
SPY Traps: Guard Your Capital Today
Premarket consolidation signals range play around pivot—watch failed breaks for reversals.
Market Context
Premarket Range Tightens—Pivot in Crosshairs
SPY shows choppy consolidation in premarket with latest close at 690.88, sitting just below pivot 693.68 after testing 692.97 high. Over last 5 days, price bounced multiple times off 690-692 zone with volume spikes >2x average at 691.71 (Jan 7) and 692.74 (Jan 9), suggesting support bias. Overall range-bound action between 687.49 low and 697.30 high, neutral bias unless failed break of key levels.
Key Events Today
6:00 am - Chicago Fed President Austan Goolsbee radio interview
8:30 am - U.S. retail sales (delayed report) (Period: Nov.) - Forecast: 0.4% | Previous: 0.0%
8:30 am - Retail sales minus autos (delayed report) (Period: Nov.) - Forecast: 0.3% | Previous: 0.4%
8:30 am - U.S. Producer price index (delayed report) (Period: Nov.) - Forecast: 0.3% | Previous: 0.3%
8:30 am - Core PPI (delayed report) (Period: Nov.) - Previous: 0.1%
8:30 am - PPI year over year (Period: Nov.) - Previous: 2.7%
8:30 am - Core PPI year over year (Period: Nov.) - Previous: 2.9%
10:00 am - U.S. Business inventories (delayed report) (Period: Oct.) - Forecast: 0.2% | Previous: 0.2%
10:00 am - Existing home sales (Period: Dec.) - Forecast: 4.22 million | Previous: 4.13 million
11:00 am - Minneapolis Fed President Neel Kashkari speaks
12:00 pm - Atlanta Fed President Raphael Bostic speaks
12:30 pm - Fed Governor Stephen Miran speaks
2:00 pm - Federal Reserve’s Beige Book
2:10 pm - New York Fed President John Williams opening remarks
