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

Kevin Wright Rank: 61 Followers: 9 Votes: 6 Years Member: 0 Last Update: 16 October 2017, 5:15 Categories: Day Trading
Swing Trading

Welcome to Wrighttrade, Learn to trade and profit from gaps using options
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 spotlight. Buyer at new high. See charts with targets.
8/8/17, Early am. S&P still bullish, buyer at new highs. See chart B1, NUGT getting close on a trade setup.
7/27/17, Check note on NUGT chart, Stocks looking to trade this week, CY, X , SNAP, and AMD.
7/27/17, CLF earnings out this morning at 8am. See chart
7/21/17 SNAP second target hit and sold, 50% gain. Way to close out the week. Wrighttrade
7/20/17, SNAP hit first gap target for 12%, see chart.
7/19/17, Open and closed trade on SNAP for over 50%
7/18/17 4:15pm. Open and closed trade on PFE for over


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

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 around the corner. Stay tuned.
6/5/17, 2440 target hit yesterday
6/1/17, Early am, Filled the small gap below and touch the 10ma yesterday. Buyer at new day high of 2416.00.
5/30/17, Early am, Buyer at new day high of 2416.69, small gap below might fill before making new highs. Target 2430 to 2440.
5/19/17 Early am. S&P made a new low yesterday and closed below the 50ma. Seller at new lows. Buyer only after a close above the 50ma.
5/16/17 Early am.S&P made a new all time high yesterday, closed a small gap at 2400. Buyer today at new day high of 2404.06.
5/13/17, Market closed below the 10ma. Might close the gaps below down to the 50ma. MACD starting to show signs of divergence with the price having higher prices. A close below t

A1 UPRO - Daily Candlesticks, Landscape

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

9/8/17, Early am. Gap filled yesterday at 43.19. I look for resistance at the $45 level. A close above the $45 level and the gaps above become the targets.
8/29/17, Early am. Bid for NUGT $40.03, Watch for the fill of the gaps marked on chart. Wrighttrade
8/28/17, Got the move today, after-hours bid at $38.85 at 8pm. Closed above the 200ma. Gaps marked above.
8/25/17, Early am. Today I look for a 10%+ move coming from news out of Jackson Hole .Up , down, and back up. It will be interesting to see where NUGT closes, above 200ma? We'll see.
8/10/17, Strong moves last two days. Buyer at new day highs. First target is breakout of wedge and then the 200ma line
8/8/17, early am, Slope and VTX needs to bounce at these levels to stay bullish.
7/31/17, early am., the last two days have been inside days. No new highs or new lows. buyer at new high of $33.18.
6/22/17, early am, bounce off of bottom wedge line, buyer only at new day high of $30.63.
6/14/17, Early am. Buyer at new high of $35.34
6/5/17, Looking to be a buyer only at new day high of $34.50

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

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

E. ProShares Ultra VIX Short-Term Futures ETF (UVXY)

F. Advanced Micro Devices, Inc. (AMD)

6/22/17, Early am, Big moves up last two days making two new gaps. Buyer only at new day high of $14.02, targets at gaps at $14.18 and then $15.08

G. Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 3x Shares (DRIP)

8/20/17, Target hit on 8/17/17
5/4/17, Gap at $21.60 filled today, good move today.

H JNUG - Daily Candlesticks, Landscape

I. Ford Motor Co. (F)

8/20/17, Support line has been broken, looking for new lows. Buyer only above the support line

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