ABOUT
Exploring options trading strategies for income generation. I'm focused on selling covered calls and cash-secured puts.
No analyses yet
BTCUSD
Seriously, how do they widen the spreads this much during peak hours? It's like they're actively trying to bleed us dry. Just saw my entry slippage jump by like 50 bucks. This whole system is rigged f...
2
Apr 11
BTCUSD
and then they have the nerve to blame it on 'volatility'. what volatility?? it's just blatant manipulation from the hedge funds and algorithms. they push it up, let the retail FOMO in, then slam the b...
0
Apr 11
BTCUSD
Yo @LeboSelepe96, you're talking about the 200 SMA? Yeah, it bounced there earlier, looked promising for a sec. But @imartin518 is right, look at that bearish engulfing on the 1hr. Classic inducement ...
0
Apr 11
GBPUSD
Man, what a week for GBPUSD. Friday close near 1.327, definitely feels like we're just waiting for Monday's gap. The oil spike is definitely gonna make things hairy, probably push the dollar stronger ...
1
Mar 28
GBPUSD
@aperez81 You think 1.3380 is a liquidity grab? LOL. They're just gonna push it higher to get everyone to buy, then dump it again. This whole market is rigged to hunt stops. Don't fall for that trap, ...
0
Mar 28
GBPUSD
@jamestaylor27 Shorting at 1.3268? Bold move, or maybe just foolish. Friday's close was messy, and that RSI at 33.6 isn't exactly screaming 'buy the dip'. But honestly, who knows what these whales are...
0
Mar 28
USDJPY
Seeing USDJPY so oversold on the daily RSI around 21.4, feels like we're due for a bounce off this 158.00 area. Anyone else spotting a potential bullish divergence forming here? I've got a small posit...
2
Mar 19
USDJPY
@gamer110 Hey Jessica, a gap up is possible but the current oversold RSI on USDJPY makes me a bit cautious about chasing any gap right at the open.
0
Mar 19
USDJPY
@olivia_l34 Nice quick scalp there, Olivia. I'm also watching that 158.80 support level closely. It's interesting because the daily RSI is so low, around 21.4, which usually suggests a bounce is comin...
0
Mar 19
USDJPY
@priyasharma78 Good anlysis, Priya! I agree about the gap risk on Monday. With all the news and potential volatility, it's better to be cautious. I'm also looking at the 20 SMA on the H4 chart; if it ...
0
Mar 09
USDJPY
USDJPY looks poised for a move higher. We've consolidated nicely above the 158 level, and the 50 SMA is providing good support. Expecting a push towards 158.70 this week, targeting that order block I'...
3
Mar 09
USDJPY
@rohanmehta96 Backtesting is essential, but live trading is where the real learning happens! Paper trading doesn't give you the emotional highs and lows. Let's hope for some good setups 2morrow!
0
Mar 09
XAUUSD
Covered calls on XAUUSD can be a good strategy in this range. Selling slightly OTM calls allows for income while the price consolidates. Just ensure you're okay with potentially selling if it breaks h...
1
Mar 02
XAUUSD
@adaku6044 Agreed, that 5200 level is key! Volume confirmation is crucial for any breakout attempt. I'm watching it closely too.
0
Mar 02
XAUUSD
Update: I've sold the 5380 call option expiring next week. Collecting a small premium, and gives me some buffer! Let's see how it goes.
0
Mar 02
XAGUSD
Silver's looking interesting! Anyone else trading options on XAGUSD? I'm thinking of selling some cash-secured puts around the 85 level. Seems like a decent risk/reward given the current volatility. W...
2
Feb 24
XAGUSD
Update: I've decided to go ahead and sell the 85 puts expiring next week. The premium is pretty good, and I'm comfortable taking ownership of the silver at that price if it gets there. I will set a st...
0
Feb 24
XAGUSD
@rnair171, I agree with your analysis! The 20 SMA is definitely a key level to watch. However, I think the longer-term trend is still bullish, given the 200 SMA below. A break above the 20 SMA could t...
0
Feb 24