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Also - if you missed it - join our chat during market hours for premium subscribers. We are now leveraging discord for this. Link is at the very bottom of premium content: Trading Plan section below.

Reminder - I will never direct message you and ask you to trade with me or deposit money into an account. Even if it looks like me it is a scam. I wish I had ways to prevent those on social networks impersonating me. All I have is this letter which the premium subscription-only through beehiiv, opens up the discord.

In yesterday’s letter, I wrote:

This is what happened. In after hours, after an initial dip, we did not lose 5166. Instead, we reclaimed both 5153 and surged up to 5222 in the regular session, ultimately reaching a high of 5328.03, which marked a solid gain of 2.3% on the day. The levels worked beautifully, confirming our upward trajectory.

See how well the levels work?

Now that we are back at the top of this new range, the question remains: will this be the shot that breaks us out, or are we destined to fall back into the previous range?

More in the trade plan below.

The $SPY 0DTE 528 calls ran from a low of $66 to $372 for 464%

I traded these in the AM. I managed to lock in profits, although I could not hold onto runners for the entire day. It was still a very good trade, complemented by a quick put scalp in the afternoon. More in the trade recap below.

Below, we’ll cover the actionable levels, how I played them today and what they mean for the next session.

The levels worked beautifully as we did not lose 5166 after a quick after hours dip and then ran all the way to reclaim 5153 and 5222 to a high of 5328.03 and 2.3% gain on the day. Always trust the levels!

Now we are sitting in AH right above the key 5323 support level. What does this mean and where do we go from here? Read below for my trade plan which includes actionable support & resistance levels, outlook for the next session and today’s trade recap.

Learn the system to make 1-3 low risk, high reward trades per day using SPY/SPX options.

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Trading Plan

Here is a current check of the daily:

This includes all the way back to 1/5 & all overnight action.

Right back to top of range.

Quick volume check:

As we look ahead, volume was significantly lower than in the prior five sessions.

Tomorrow appears to be quiet without any scheduled data releases or speeches. However, it's essential to keep an ear out for any news related to geopolitical events, such as the Iran/Israel situation, or updates on the US elections that could impact market sentiment.

I am receiving some great questions from beginners. This is helping me develop guides for this group as well as the course. More to come but I’ve created a separate channel in the discord just so you can not be shy about bringing those questions to the group. No question is dumb, we grow stronger together!

In fact, I’ve created this single resource as a guide. It is a living document and we will continue updating it. You must be logged into the site to read it:

https://letter.spyoptionsactionablelevels.com/p/strategy-guide-the-basics

As readers know trading after a massive move in either direction is risky.

Trying to predict when trend will break is a fool’s game because the trend can be stronger than you ever realize.

Going with the trend is hard because it has already run so far (or dropped) and move may be close to over.

All you can do is pick your entries carefully and with proper position sizing. Trading out 1-3 DTE or further also helps soften the blow.

Yes it will decrease the amount of profit but will greatly help keep you in a trade long enough to see return.

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