I made over $5k in verifies profits from options trading last week alone. I’m learning to keep my losses smaller, although risk level with options is different. Here is my WL this week:

 

SLV:  Looking to re-enter. $25.50 seems to be key support , if this Holds and consolidated or if there is a great panic dip buy. Ideally I would love to enter in the $24s . This frequently has a midday dip.

$PLUG: EW that I traded poorly last week as I wasn’t patient. Going to watching the volume for a continued breakout to new highs. If volume is high, consider calls vs waiting for overextension. 

$AMZN: in the news over the weekend with some major expansion plans likely to your local mall with the decent downfall of JCPNQ and Sears. Too watch for Monday at Market open and for any big spikes or if it gets overextended during the week.

$FB: Had a great Friday morning runner pattern. Will watch now for overextension and possibly continued running on recent EW.

$VXX is nearing Feb 2020 lows and is something I watch in general. Considering sep/oct calls as a hedge for other long positions . If I do enter this would be a small position. Might also looks VIXY or VIXM. This is a much more risky play and only reason I’m considering is due to it reaching pre-crash lows. That said, I would not recommend people just jump into trading VIX ETFs or options without studying how they work as I did that in 2008 and it was not pretty. 

Thats all for this week. My main goal this week is to minimize my trading—so if I trade NONE of these because they are not ideal, I will be happy. As always, none of this info is financial advice and I’m posting more for my reference though feedback is always welcome.