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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. The market opened with strength, holding 5345 overnight. Following a brief run past 5365, we retested and then surged in the regular session, powering through 5365 to reach 5382. We continued to climb, hitting all target levels of 5407, 5421, and 5435, before ultimately peaking at a high of 5436.50, just $1.50 above the 5435 target above.

See how well the levels work?

Now that we’ve blasted up 1.7% back to the lows of the range from late July, the question remains: can we hold this level to consolidate and eventually break out into the 5560s, putting us in close proximity to fresh all-time highs?

More in the trade plan below.

The $SPY 0DTE 539 calls ran from $44 to $325, 639% gain.

I traded these calls. I entered these with a callout in the chat, enjoyed a nice win, stopped out, and then re-entered when they dipped lower. Regrettably, I didn't capture the full run that I could have, but it was still a solid trade overall. 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 were spot on today. We held 5345 and after that brief dip, it was clear that bullish momentum was building. The run past 5365 was significant and the subsequent push through our targets reinforces our trading strategy. Always trust the levels!

Now we are sitting in AH right above the key 5425 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.

On the daily, we have blasted up 1.7% back to the lows of the range from late July.

Quick volume check:

Volume today remained light as we await CPI data tomorrow.

For tomorrow, CPI is the key event to watch, along with any geopolitical developments that might impact market sentiment. It’s crucial to keep an eye on the news regarding Israel/Iran or Russia, as they could have immediate effects on market dynamics.

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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