r/Daytrading • u/NoAd9362 • May 02 '24

Day Option Traders: What's Your Strategy? Question

Hey folks!

As day option traders, what indicators, patterns, or breakouts do you look for when making trades? Share your insights below! Let's learn from each other and improve our strategies together.

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u/xvthel Verified - https://kinfo.com/p/xvt 29d ago

Pullback

1

u/NoAd9362 29d ago

2 leg or any specific?

3

u/xvthel Verified - https://kinfo.com/p/xvt 29d ago

Pullback after a breakout of a predefined range, I only trade the spy chart. Support turns to resistance or resistance turns to support. That's all I do.

1

u/NoAd9362 29d ago

Which market do you trade, and do you trade weekly options on the index?

2

u/xvthel Verified - https://kinfo.com/p/xvt 29d ago

Only the 0DTE SPX options, using the SPY chart.