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The Basics of Trading Option Weekly Strikes

Kristin Alonzo

09-Jul-2019 20:17 PM

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This is a basic tutorial of Trading Option Weekly Strike.  I follow these simple steps.

  1. Check the daily technical time frame technical set -up
  2. Determine if the set-up is Bearish ( sell bias) or Bullish ( long bias)
  3. Once you determined your trade bias, plot your target entry and target exit.

The sample herein is Amazon, I simply use the 20, 50 & 200 DMA, then following the higher low support trend in the last 2 days.  For complete details watch my Vlog  https://youtu.be/ZLx7CLzb-k8

Here is the screenshot of the trade: Weekly Strike Option  

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