Trade Ideas for Wed Feb 17
Solid trading yesterday morning. Choppy grind recovery. What will today bring?
We nailed it yesterday again. 3/3 wins on our Credit Sells.
First we took the bear calls on 6860/65, then bull puts, using 6730/25 If I remember correctly and then back into bear calls.
All end at 0 by end of day :)
Round 1 - bear calls - $2100 collected
Round 2 - bull puts - $700 collected
Round 3 - bear calls - $1200 collected.
Want to learn how to do credit selling? And get your win rate over 80% too? Send me a DM.
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
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High-quality trades with excellent reward vs. risk
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SPY Breakout Trap: Survive 684 Chaos
Premarket bounce tests pivot—watch for failed upside rejection
Market Context
SPY premarket closed at 684.01, sitting just above the daily pivot at 681.53 after ranging between PMH 686.92 and PML 683.75. Over the last 5 days, price action shows choppy volatility with multiple failed breakouts above 686 and breakdowns below 682, forming a tight range around 682-685 on elevated volume. Bias leans neutral-to-bearish with premarket rejecting higher levels near prior resistances.
Key Events Today
No major events scheduled today, potentially leading to range-bound action.
