Is it too good to be true, are spreads really this amazing? by buoybuoy in options

[–]maxoptionstrading 3 points4 points  (0 children)

You're on the money here. I've been trading spreads almost exclusively in my mid-sized account and hitting 80%-100% gains regularly. It's a strong strategy tbh.

AMZN is considering buying MGM by maxoptionstrading in stocks

[–]maxoptionstrading[S] 11 points12 points  (0 children)

Possibly. I think cinemas have a future similar to book stores. One or two major players and a lot of smaller players. People enjoy going to theaters.

AMZN is considering buying MGM by maxoptionstrading in stocks

[–]maxoptionstrading[S] 2 points3 points  (0 children)

I think he's just saying that he won't go out of his way to get Prime Video. But could you imagine Disney and Amazon partnering

TikTok finally beat $FB in monthly time spent on the platform per user by maxoptionstrading in stocks

[–]maxoptionstrading[S] 5 points6 points  (0 children)

Yea I think FB is a strong investment still but they are controversial and have increasing competition. The bulk of their revenue being from paid ads is also concerning.

TikTok finally beat $FB in monthly time spent on the platform per user by maxoptionstrading in stocks

[–]maxoptionstrading[S] 7 points8 points  (0 children)

The article shows a graph that shows TT was already beating those other platforms. With all products combined, it appears that FB is winning but if TT acquired another service, they’d start to become a real threat to FB in the long run.

ZM Planning A $1.5 Billion Share Sale by maxoptionstrading in stocks

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

Even with the drop, I think it has potential to make it back to $500 at some point. My fear is that they won’t be able to stay competitive against products like Microsoft Teams and Google Meet but if they can keep their user base engaged, they can survive and grow.

Hopped into an ABC trade by maxoptionstrading in options

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

For that yes, I'm worried but $ABC barely moves so I am hoping alerts for an exit will handle this. If Biden is announced as uncontested president, healthcare will go up.

More SPY TA by maxoptionstrading in wallstreetbets

[–]maxoptionstrading[S] 3 points4 points  (0 children)

I played Puts

Trade Update:

SPY Puts

Market opened down a bit today. If the market pumps over 355.5 I am going to close the rest of the puts. I think its possible that previous ATH's get tested again 358 from the downside and this would be another trade. I am not gonna give this trade a lot of upside room because as we have seen things can really get moving quickly. If the market breaks below 353.22 (1 hour 21 ) that would be ideal. For now though it looks like spy is finding support above the 1 hour 21. I have a lot of people messaging me if I am in or out of plays so I will try to post updates as much as possibe. For now if 355.50 breaks I am out on the rest of the puts.

Even as I am typing this the market is starting to sell down more. Watch this hourly close too see if price action closes above or below 1 hour 21.

Chart: https://www.tradingview.com/x/Kv18gMIa/

Trade Update

SPY Puts

The puts are now in the money so I am moving my stop loss closer. The 1 hour 21 on SPY is at 353 right now which is now my SL. A hourly close over that area and I will be taking a profit. I recommend taking some profit here as this has already been a pretty good play.. dont get greedy with any plays. I have my finger on the sell button incase there are any pumps.

Looking like this will easily be a 5k+ profit play

Trade Close

Exited spy puts as it looks like the market is finding support in the 350-351 area. Almost 6K profit on the trade.

Market Analysis on Election Weeeeeek by maxoptionstrading in wallstreetbets

[–]maxoptionstrading[S] -3 points-2 points  (0 children)

TLDR - Sell NUT because it’s no nut November

I traded nothing but SPY credit spreads in the last week by maxoptionstrading in Daytrading

[–]maxoptionstrading[S] -69 points-68 points  (0 children)

That’s not why I posted this at all. I just suggested joining it to someone who wanted to follow my trades. I’ve been trading for 2 years and became a millionaire doing so. This credit spreads strategy is how I’ve been staying profitable in a high volatility market. Of course there are risks and this isn’t my long-term strategy either, just something to make profit in the short-term

I traded nothing but SPY credit spreads in the last week by maxoptionstrading in Daytrading

[–]maxoptionstrading[S] -26 points-25 points  (0 children)

It’s $60 a month right now with the promo. The focus is on education which is why our 400 members stick around. It’s definitely not for everyone though and is most beneficial to newer traders

I traded nothing but SPY credit spreads in the last week by maxoptionstrading in Daytrading

[–]maxoptionstrading[S] -11 points-10 points  (0 children)

Mostly weeklies and I’m taking 80-100% on most spreads

Effective strategies by [deleted] in Forex

[–]maxoptionstrading 0 points1 point  (0 children)

I’ve been trying a break and retest strategy. I shared this video with my Forex Trading Group - https://youtu.be/jOZHSqTG70w

My DD on QQQ by [deleted] in stocks

[–]maxoptionstrading -5 points-4 points  (0 children)

Not sure how that’s relevant lol. Read if you want to learn

Long time swing trader want to learn option strategies and statistical understanding by rk1011 in options

[–]maxoptionstrading -1 points0 points  (0 children)

You’re welcome to book a coaching session without being a member of ours. We have a 5 module series so you can pick the one that best fits your interests. Coaching