Recent content by da-net

  1. da-net

    I am failing to exit properly

    I hope that I can offer you some help that I found very useful. I'm barely into re-education, but have experienced more winners and got out at decent prices, even though sometimes early. I'll be happy with gains in the middle and not shoot for tops or bottoms. Here's where I've gotten some help...
  2. da-net

    Can You Make Money Option Trading Level 1 ?

    Closed out a nice gain on CMPO that I forgot to post, and took a short position on same, but doubt it will reach the target price completely. Bought a call on NTLA as it has retraced 50% and EW / Fib suggests it has upside to $17.50 area. If CMPO retraces like I think, I may take another call on...
  3. da-net

    Can You Make Money Option Trading Level 1 ?

    Two trades today. Closed 5 August GROY $2.5 calls @ $0.37 and initiated a Sept $19 put on IVZ @ $0.25. If I've done my wave count correct, IVZ could pull back to the "Golden Zone" between $17 & $18, but more realistic is $19 before advancing to the $25 to $27 area.
  4. da-net

    Can You Make Money Option Trading Level 1 ?

    UROY, Uranium Royalty Trust, According to news stories Nigeria has refused to allow Orano to mine Uranium and ship the raw product and Uranium stockpiles are pretty thin. I applied the ElliottWave & Fib projections to the chart. Currently it looks to be in a wave 4. I expect it to close the gap...
  5. da-net

    I am failing to exit properly

    Yes, I do as well John. Looking over my winning trades, I found that I lacked conviction about where price was going and exited far too early on winning trades. This resulted in leaving at lot of money on the table as well as thinking counter trend had started which was not there. I decided I...
  6. da-net

    Can You Make Money Option Trading Level 1 ?

    Just a heads up, for those that invest long term. Rwanda and Burkino Faso have jointly agreed to develop nuclear power to supply their countries with electric. Rwanda has chosen Nano Nuclear Energy for SMR. If they are successful, and they should be, this gives NNE their foot in the door to all...
  7. da-net

    Can You Make Money Option Trading Level 1 ?

    First, fixing a typo. The Spy possibilities are $647 & $666. If I have done my EW & Fib work correct, then BKV should go to $25.63 area. So this trade; BKV $25 Call Aug $0.10 x $0.60 BTO $0.35 (2) Have been thinking about AI, EVs, Robots, etc and what are all these going to need. These things...
  8. da-net

    Can You Make Money Option Trading Level 1 ?

    If you look at some of my "wins" you'll notice that I exited far too early and left too much on the table. While reviewing these trades and trying to find a way to stay in longer for the bigger gains. One thing I tried to learn long ago was Elliottwave, but even the so called experts had...
  9. da-net

    Can You Make Money Option Trading Level 1 ?

    SPY trade today.
  10. da-net

    Can You Make Money Option Trading Level 1 ?

    Something to consider with all the tariff talk from politicians. The world will have increased cost from these and reduced discretionary funds. People still need the 5 basic things to survive or thrive. Others are seeing this and hopping on TDUP, which has been going higher while the markets...
  11. da-net

    Can You Make Money Option Trading Level 1 ?

    Sid, thank you. I had already started looking closely at the trades I've taken but far more importantly at the time frames of particular stocks trade best. This is why I've considered the idea of giving up one day per week to sit at a computer to "day trade". Many stocks appear to be trading...
  12. da-net

    Can You Make Money Option Trading Level 1 ?

    Sid, Thank You! I truly appreciate the comment and the insight especially from your thread. I will look up your thread and read it. I had hoped that others would comment and help refine this as a means for people to supplement their incomes. In level 1, I think it might be possible to initiate a...
  13. da-net

    Can You Make Money Option Trading Level 1 ?

    AEVA had 5 gaps from $2.50 to $7.50 in 10 trading days. Volume profile shows lots of overhead until high $8. Is this last gap an exhaustion? AEVA $5 Put 16 May $0.15 x $0.20 BTO $0.16
  14. da-net

    Can You Make Money Option Trading Level 1 ?

    Most recent trades. Closed the KGC at $0.91, but took an opposite direction short term. Time to look more closely at how to choose better in current conditions. Too many trades failed to produce a profit.
  15. da-net

    Can You Make Money Option Trading Level 1 ?

    VITL $25 Put 21 Mar $0.15 x $0.30 STC $0.23 (2)
Back
Top