It’s like free money

[How to trade spy options succe(...) No.18689399]

https://docs.google.com/spreadsheets/d/1GMXq-fzS11KDwtH5OZYunreuXnq4BCzRVPEmV9sRtgk/edit

[Anonymous No.18689510]

>>18689399
based schizo poster

[Anonymous No.18689559]

>>18689399
>Hypothesis: the S&P 500 Index ETF (SPY) will cross the opening price line at least 1 time per day, except in extremely rare cases.
It hasn't crossed the opening price line only 22 times in the last 2771 trading sessions giving 99.2% certainty that this will happen.
While the vix index is above 30 these crossings are made far more extreme, as you can see in the visual anaylsis % changes from open to high/low are far more extreme which makes 1 thing much more predictable, the initial crossing over of the opening price line.

Im a beginner and this is pretty damn good information if true. So basically buy puts whenever it starts high and sell as soon as it dumps below the opening price, and calls whenever it's below opening price?

[Anonymous No.18689636]

>>18689399
delete this immediately

[Anonymous No.18691166]

>>18689399
r/investing?

[Anonymous No.18691496]

>>18689399
frens I think I might just make it now

[Anonymous No.18691562]

>>18689399

[Anonymous No.18691579]

>>18689399
What does this mean I'm barely starting to invest please help op

[Anonymous No.18691621]

>>18691579
You need at least 3 years experience to use this

[Anonymous No.18691702]

>>18691621
Well shit hopefully I'll get lucky and be able to use Coronas 2nd wave. Any good books for a beginner though?

[Anonymous No.18691831]

The analysis from 04/20/2020 doesn't really make sense. It moved a lot more than 10cent after opening

[Anonymous No.18691849]

>>18689399
so i looked it over, it's bullshit. You will get margin called if you try this. You'll win small 99% of the time, but when you lose you will lose 100% of your stack

[Anonymous No.18691857]

>>18689399
sergay betrayed us all, we were supposed to be all in this together

[Anonymous No.18691873]

>>18691849
It depends how many times you get margin called. And 30% isn't really small.

Not saying it works though

[Anonymous No.18691918]

can someone still help me figure out how to bank on this? i still cant figure out how in the fuck you can trade options on short time frames. so it opens up, i buy spy puts. do i want otm puts? just buy the absokute lowest, closest dates puts?

[Anonymous No.18692000]

>>18689559
>Im a beginner
it shows

[Anonymous No.18692039]

>>18689399
I'll give it a go but with mes instead of spy options

[Anonymous No.18692055]

if 99% of candles have a high and low wick then why are you still poor biz?
just buy the top wick & sell the low wick lol

[Anonymous No.18692094]

>>18689559
The majority of all trading sessions, the opening price will be crossed multiple times of the first 15 minutes of trading.
If you want to utilize OP's genius strategy, you would have to wait for these very few days where the opening price is the same as the daily low or high, and the price has moved decently away from the opening price.