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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.

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 Friday’s letter, I wrote:

This is what happened. The day began with a focus on defending the critical level of 5319, which we managed to hold. We pushed through 5349 and eventually reached a high of 5371.20, 20 cents from the 5371 level!

However, the session was marked by considerable chop, and we found it challenging to reclaim the 5349 level by the end of the day.

See how well the levels work?

Now that we’ve pushed up to 5371, but sold off and closed flat, where do we go from here? What levels should we focus on for tomorrow?

More in the trade plan below.

The $SPY 0DTE 535 calls ran from $44 to $177, 302% return.

I traded these calls. I took 50% off on a nice move and then scaled out of the rest using OCO orders. It was a solid execution on my part, particularly given the market's volatility throughout the day. 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.

Overall, the levels provided a decent framework, but the day was characterized by a lot of chop. We knocked out 5349 and made that run to 5371.20, but the inability to reclaim 5349 by the end of the day leaves us with some uncertainty. Always trust the levels!

Now we are sitting in AH right above the key 5345 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.

The daily candle formed a tight range doji, indicating indecision in the market.

Quick volume check:

We had one of the lower volume days as traders waited for the upcoming events this week.

Tomorrow, we have PPI data before the open and an FOMC member speech in the afternoon, which could bring additional volatility and direction to the market.

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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