In partnership with

Rise and grind, dollar bills!

Put your money to work in a high-yield cash account with up to $2M in FDIC† insurance through program banks.

Get started today, with as little as $10.

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 - Mastering Emotions lesson just launched 3/24 and new lesson this week!

In yesterday’s letter, I wrote:

This is what happened. Overnight we ran up and got close to that 5097 level mentioned above. After the open, we sold right on down to a low of 5047.02, dipped and reclaimed 5053 and then rallied to 5080.37.

See how well the levels work?

Now that we’ve filled out this range and sold off on earnings after hours, where do we head the rest of the week? What are the must hold levels to prevent further selling?

More in the trade plan below.

The $SPX 0DTE 5095 calls ran from a low of $30 to $225 = 650% gain.

I traded these from $60 to $110 for close to a 2x. This was my only trade of the day and I honestly took it much later than I should have. I had a great setup, had a reclaim of the levels needed to long. Was a bit too patient if I’m being honest. I waited for confirmation and then I got out earlier than I should have. 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 really good. I just didn’t follow the plan exactly as written. I should have longed much earlier than I did. The defense and reclaim of the 5053 was a great opportunity for that move. Always trust the levels!

Now we are sitting in AH right above the key 5036 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.

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 10/4 & all overnight action.

Another higher high and higher low but overall a down day on the daily.

Quick volume check:

Continued weak volume. Participants unsure & awaiting next major move.

Tomorrow we have GDP & unemployment prior to the open and additional reports during the session.

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.