Learn how to make AI work for you.

How do you stay up-to-date with the insane pace of AI? Join The Rundown – the world’s fastest-growing AI newsletter with over 500,000+ readers learning how to become more productive using AI every morning.

1. Our team spends all day researching and talking with industry experts.

2. We send you updates on the latest AI news and how to apply it in 5 minutes a day.

3. You learn how to become 2x more productive by leveraging AI.

Sign up with one click.

Don’t miss the Topic Directory - Getting lots of questions that are answered in here.

There seems to be some confusion as to the premium subscription and the discord chat. If you are premium and you do not have access to the “Premium Members Only” channels including “members-only” please authenticate yourself in the “bot-request-premium” chat. Or send me a DM in the discord!

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.

First Few Lessons Already Launched - Order Now

Order Now - First few lessons launched on 2/19!

What we’re reading:

In yesterday’s letter, I wrote:

This is what happened. We had a couple dips overnight just below the 5093 but recovered hard and by the open we had claimed first target above of 5131 which is the breakout level. From there we ran through second target above and hit a high of 5165.62. Then we chopped into the close.

See how well the levels work?

Now that we reclaimed key level, blasted through breakout level to new all time highs, where do we go from here? What levels must hold for us to keep this path higher alive? What are next targets above?

More in the trade plan below.

The $SPY 1DTE 515 calls ran from a low of $144 to $251 = 74% gain.

I traded these called out in the chat from $155 to $200 for 29%. This was my only trade. I did want to long again later in the day when we had a failed breakdown of the 5146 - 2nd target level but I restrained myself. 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.

Levels from the prior letter were very good. When we held/reclaimed 5093 and then had 5131 breakout level by the open, we knew we were still on the path higher. Always trust the levels!

Now we are sitting in AH right on the key 5150 support level. What does this all 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.

If you are enjoying this letter, consider sharing with a friend! We even have a referral program where you can earn free subscription time for referring others that sign up for a paid subscription.

Trading Plan

Here is a current check of the daily:

This includes all the way back to 6/29 & all overnight action.

New all time highs and peaking our way into a new range.

Quick volume check:

High volume, less than yesterday.

Tomorrow we have more jobs data NFP and a Fed Member speech in the AM before open.

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.

Subscribe to Premium to read the rest.