Trade ideas for 08-10-26
Learn how to translate a high probability idea into a trade.
Good morning all.
Friday I wrote:
Notice how the idea mentioned the first touch establishes a high probability rejection. As we watch the price action the second touch made a new high and quick retreat establishing a double top and failed breakout….
How to Profit:
Naked 7730p
Credit Sell 7780/85 bear calls
Notice the difference? The Naked position gave a 400% potential return but how do you know when/where to sell? If you missed the sell it eventually went to 0. I usually use a rule of 100%, 300% for exits and 10-20% as runners. The additional challenge is know the entry price. around 1.80-2
The credit sell once positioned, bled to 0 as high of day was established. One can start and based on experience and distance choose contract spread prices and strikes. I regularly alert to group the prices I would love to get filled at as well as starting prices.
Best part, essentially done in under 2 hours. Or 1 hour if you set an alert an waited for the High Probability trade idea level to come.
My primary paying trade Friday was bull puts after we did a morning dump, targeting that 773.60 level to be tested.
How to use AlphaOS to recognize shift in momentum
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 End of Day Exhaustion
If you are tired of overtrading, not knowing how to plan trades, and want to make more in less time, come join us.
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.
Pivot Battle: Secure Your Edge Now
SPY tests the 772.19 pivot with premarket at 772.62.
Market Context
SPY’s premarket last price sits at 772.62, just 0.43 above the pivot at 772.19. Price consolidated above the pivot after testing the premarket low at 771.62 and high at 774.69. Bias leans neutral-to-bullish while price holds the pivot, with resistance building toward 774.77.
