SPY divergence last hour of 4-22-19 made the daay
Once again, for Short term day traders, SPY had a 2 min up divergence just after 3pm EDT today that produced about 4X(300%) in just a few minutes time!
4 times your money on SPY 290 calls divergence
Make that 4X on SPY 290 calls since 10:45 today! 5 X on VXXB puts! These are the easiest ones to locate since they are the primary sources of market action! Why buy MU options if the major market indexes have the same patterns & unlimited options capacity??
Don't try to force an options trade, just be patient
Wait for the setup MACD divergence and double top or bottom and then place the trade. A few hundred percent gain isn't too shabby in a few hours. Patience is the key. SPY weekly options rule.
27 times your money VXXB shows the way
For short term traders and short term charts, VXXB upside divergence on March 26/27 15 minute charts clearly shows us that the SPY would do the opposite and send markets down until the technical picture starts to stall and that’s the end of the move. Then you can spend the rest of the day counting the money you made.
SPY 278 puts at 10.30am went from 2 cents to 81 cents in a few hours.
500% from 11am to 11:35am Eastern
SPY 281.5 & 281 puts were up about 500% from 11am to 11:35am Eastern time today just based on short term charts on an expiration day!
Find out how to do this at the 2-day Orlando, FL seminar April 4 & 5, 2019 https://www.theoptionshunter.com/live-seminar
MACD divergence turns up the final piece in place
Its great having the MACD divergence in place but paying attention to the MACD turning up is the final piece of the pattern. If it hasn't happened then it's not ready. Patience is key to success.
The Options Hunter nightly update February 4, 2018
The Options Hunter nightly update on Monday February 4, 2019 explores some intraday SPY divergences that yielded hundreds of percent gains in a relatively low volatility day.
The Options Hunter nightly update January 11, 2019
Dale covers some of the longer term divergences and option trades on stocks like AMZN.
WYNN had another 30 min up divergence
Note how WYNN had another 30 min up divergence late Monday to add fuel to an already divergent daily chart! That’s how you successfully trade a new entry to an existing pattern! Low time frames form “another” divergence in the same direction as the higher time frames!
The Options Hunter nightly update Friday January 4, 2018
In Friday's update Dale explains the SPY long term weakness to downside is still in place but in lower timeframes there was room for moves in either direction. The short term timeframes Thursday clearly indicated the upside potential on SPY that came about. Even during the rally on Friday there were short term trades to downside on SPY that yielded 100% gains.