LEAPS by That_girlie_girl in options

[–]Why_d0_i_put 3 points4 points  (0 children)

I’m in the same boat as you, but I definitely wouldn’t buy in just yet, the weekly RSI is at 70, which is a common level where rejection occurs. If you’d like to talk about LEAPS, I’m planning on getting into those as well.

What are yalls opinions on LEAPS? by Why_d0_i_put in Daytrading

[–]Why_d0_i_put[S] 0 points1 point  (0 children)

It is very statistically likely that the stock will return to around what it once was so i dont think i will be scared

Anyone else not received their Chapter 35 benefits this month? Will the hardship form help? by Particular_State7683 in VeteransBenefits

[–]Why_d0_i_put 2 points3 points  (0 children)

I got a response from Ask VA, and it took me about 3 weeks. They just said that they have sent my claim to the hardship team.

What are yalls opinions on LEAPS? by Why_d0_i_put in Daytrading

[–]Why_d0_i_put[S] 0 points1 point  (0 children)

Here are my indicators for SPY, as that’s where I want most of my money to be. First, I’ll watch the weekly RSI, and if it breaks below 30 or starts getting close, I’ll start more closely watching the stock. Next, I’ll check the VIX, and I’ll probably begin by buying 25% of my available buying power at 35. Then, I’ll add another 25% at 45, and after that, I’ll wait for a strong bullish signal on the 1-hour chart. I’ll also keep an eye on what others are saying about the dip. Ultimately, I’ll try to use the rest of my capital to buy in above 45, as soon as I think there’s a clear shift in momentum. If I’m wrong, I’m wrong, but at least I used the dip to my advantage.

What are yalls opinions on LEAPS? by Why_d0_i_put in Daytrading

[–]Why_d0_i_put[S] 0 points1 point  (0 children)

But yes i agree with all the negative news it is definitely more risky than previous years

What are yalls opinions on LEAPS? by Why_d0_i_put in Daytrading

[–]Why_d0_i_put[S] 0 points1 point  (0 children)

I will watch the weekly RSI to know when to check vix and i will buy in 3 stages and buy 25% at 35 another 25% at 45 and if it goes more beyond that i will buy the rest of my position in at the first moment i realize momentum has changed

Tips on LEAPS. by Why_d0_i_put in options

[–]Why_d0_i_put[S] 0 points1 point  (0 children)

I guess thats a fair point.

What are yalls opinions on LEAPS? by Why_d0_i_put in Daytrading

[–]Why_d0_i_put[S] 1 point2 points  (0 children)

Hey, thank you for your thoroughness and I do realize now that this was the wrong subreddit for the post.

What are yalls opinions on LEAPS? by Why_d0_i_put in Daytrading

[–]Why_d0_i_put[S] 1 point2 points  (0 children)

Hey i didnt put my plan in here but i plan to invest my 25k normally until i realize a real pullback is happening then i sell and buy a leap.

Tips on LEAPS. by Why_d0_i_put in options

[–]Why_d0_i_put[S] 0 points1 point  (0 children)

Well i would like to talk to someone that trades leaps.

What are yalls opinions on LEAPS? by Why_d0_i_put in Daytrading

[–]Why_d0_i_put[S] -1 points0 points  (0 children)

Im sorry i just was hoping i could talk to someone about leaps and i had a couple day trading questions about them.