2024-04-30 Tuesday

SPY 240430C00509000
US$1.29
1
23:37:57,GMT+10
US$1.53
1
23:45:09,GMT+10
SPY 240430C00510000
US$0.83
1
23:57:53,GMT+10
US$0.94
1
00:06:04,GMT+10
SPY 240501P00509000
US$2.21
1
00:18:42,GMT+10
US$2.64
1
00:30:16,GMT+10
SPY 240531P00506000
6.90
1
01:47:58,GMT+10
SPY 240430C00509000
Open low.
K1 is strong bullish bar, just above EMA220 (probably EMA200)
K1 closes above midpoint.
K2 is a bull bar, minimum follow through.
I expect the gap can be filled, and market can go up to reclaim EMA20.
I buy call at K2.
Measure move 1:1 is reached by K3. Also the yellow dots are weekly vWap.
I sell call at K3.
SPY 240430C00510000
K4 -- K6 becomes a tight trading range. (TTR)
Expect to take scalp at low and sell at high (below the weekly vWap)
Buy call at K6.
Sell call at K8.
SPY 240501P00509000
There are 5 attempts try to break above the weekly vWap but still failed.
I think it could short at weekly vWap, R/R is high.
I buy put at K10.
The opposite 1:1 measure move is reached by K13.
I sell put at K13.
SPY 240531P00506000
This trade is based on HTF chart also.

K17 -- K21, I see a strong consecutive bear trend.
K22 -- K26 are sideways, but no higher high.
I think it could be a continuation of the bear trend.
The day chart shows there will be a 2nd leg down.
I buy put at K28 with a 30 days option. (then I went to sleep)
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