Wrighttrade--Trading the gap using options. Precise trading with entries and targets. Updated daily

Kevin Wright Rank: 52 Followers: 12 Votes: 5 Years Member: 0 Last Update: 12 December 2017, 2:30 Categories: Day Trading
Swing Trading

Welcome to Wrighttrade, Learn to trade and profit from gaps using options

12/12/17. Early am. Added many notes on charts below.
12/11/17, Early am. Added BOTZ, see notes on FB and GOOG.
12/9/17, Updated charts today. Ill be adding more to watch this weekend.
11/28/17, Early am. See notes on S&P, GOOG, and NKE
11/5/17, Added AAPL, FB, SNAP, GOOG, and QD.
11/1/17, Early am. Last two days have been inside days for SPX and UPRO . Buyer at new day highs. See chart for F.
10/23/17, Early am, See notes on S&P and IBM. Gold on the back burner. Watch stocks in the AI business. BOTZ could be a good one to be in for the next ten years.
10/16/17, Early am. Watching JNUG and NUGT for higher highs. See chart C for NUGT for the 6% trade and chart H for JNUG
10/13/17, Looking to add more shares of JNUG, buyer again at new day high of $19.89
10/9/17, Open trade on JNUG, two positions with average price of $19.75. NUGT filled gap from 9/5. Good day for gold miners.
10/8/17, Looking to trade JNUG and DRIP this week, see charts below.
10/4/17, S&P target of 2540 hit, cautious at buying at this level. Wrighttrade
10/3/17, Early 5:00am, S&P at 2530 in pre market, target hit. Next target 2540. 10/2/17, Early am, Been on vacation last week. Lets make some money. Watching DRIP, NUGT. Buys coming soon. S&P getting close to my 2530 target.
9/18/17, Early am S&P target 2530. Looking to trade LULU, see chart.
9/12/17, Early am. S&P pre market @ 2491.33. Big day coming up . 2500 target?
9/2/17, Looking to trade GE, WLL, and IBM. See charts on page 2.
8/20/17, Took off last week for vacation. Updated most charts with added notes. Watching NUGT for new highs this week ahead. Looking to short LULU at new lows. DRIP hit my target line last week. Thanks for the emails, Wrighttrade...
8/10/17, Big moves today, Added UVXY. See chart C. below. UVXY $32 call went up over 740% today, shorts got slaughter today in that stock. After hours UVXY was over $43. Slaughter will continue tomorrow. NUGT is in my sp


A. S&P 500 Large Cap Index ($SPX)

12/1/17, Target of 2640 hit. Cautious at these levels, small gaps have been made going up since the break of 2600.
11/28/17, Target almost hit, UPRO target of $130 hit.
11/28/17, Early am. Two days above 2600. 2630 to 2640 target.
11/22/17. Early am. Didn't get the close above 2600 yet. Almost there.
11/2/17, Early am. Broke the inside days yesterday with higher highs. Buyer only at high highs today @ 2588.41
11/1/17, Early am. Last two days have been inside days, looking for higher highs today. Wrighttrade
10/23/17, Early am, See note on 6/12. Blow off top? 2570 target hit. Target now at 2600, close above 2600 and 2630 will be next.
10/20/17, Early am. Had a bounce off the 10ma yesterday, watch for high highs. target 2570.
10/4/17, S&P target of 2540 hit, cautious at buying at this level. Wrighttrade
10/3/17, Early 5:00am, S&P at 2530 in pre market, target hit. Next target 2540.
9/18/17, Early am. With the close above 2500, I'm a buyer only at a new day high of 2500.24 with a target of 2530.
9/12/17, Early am. Gap at the 2476 area filled yesterday. We'll see all time new market highs today. Apple launches the new iPhone today. I look for a strong day ahead.
8/29/17, Early am. Seller at new lows, I look for a test of the support line at 2400 area and the fill of a gaps marked on the chart.
8/20/17, Catching up. Took a week off for vacation. Friday filled the gap from June 11th. Seller Monday at new day low of 2420.68.
8/10/17, What a day! I look for new lows ahead and a test of the 2400 area.
8/7/17, Early am, Buyer at new day high of 2480.01, 10ma needs to hold.
7/20/17, Early am, Market still going up, made a small gap up yesterday. Cautious at these levels if your buying to hold.
6/22/17, Early am, Gap closed yesterday that was made three days ago. Seller only at new day low of 2430.73
6/20/17, Early am, Blow off top yesterday? Nope, not very strong if so. Small gap up made also. Ill be watching for now.
6/12/17, See note on chart. Many things could happen from this point. A blow off top could be a

A1 UPRO - Daily Candlesticks, Landscape

A2 AAPL - Daily Candlesticks, Landscape

These steps above will get you into a trade. Getting out, I like using a set % move, usually 4 to 6%

A3 FB - Daily Candlesticks, Landscape

A4 SNAP - Daily Candlesticks, Landscape

A5 GOOG - Daily Candlesticks, Landscape

A6 BOTZ - Daily Candlesticks, Landscape

A9 NKE - Daily Candlesticks, Landscape

A9 UA - Daily Candlesticks, Landscape

D. Direxion Daily Gold Miners Index Bull 3x Shares (NUGT)

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