Sell Off Monday 🔻🐻
May 09, 2022Happy Monday Traders!
I hope everyone had a great start to the week because I know trader’s using the #MomentumOptionsTrading System sure did!
After getting great signals to swing puts last Thursday from both #SPY and #QQQ it was no surprise when markets opened lower this morning continuing the move down to our Swing Trade Targets.
But that wasn’t all the market had to offer today... With sellers outpacing buyers by more than 6:1 across the indices and our #BearishSymbols full of tickers to trade we knew exactly where to reinvest our swing trade profits to keep our money growing as price continued the move down.
5/11/22 SPY 405 put cost 6.09 at our entry and hit 8.17 at our 3rd target before signaling to exit the day trade netting users that reinvested profits locked in from our swing trade an additional +34.15% ROI inside the day.
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