Option Premium - Ichimoku Cloud For ThinkOrSwim

[Predemption239]

Been trading options for years, have had great success with SPX 0DTE with this setup, and sometimes weeklies depending on the VIX.

1st, here's the Chart Setup, strictly the Ichimoku Cloud on an Option Premium Chart.

As Price gets below the cloud, chops and gets very-thin-in-price-action, that's where I sometimes load in. Other times I want an EMA or an EMA Ribbon to cross over, but sometimes you've already missed the 100% spike, but can still ride another 100% to 500% which is still great.

I've messed with thousands of other indicators on this pattern. And I can't seem to find anything that gives me extra confidence that price as been pretty flat and there's a high potential of the curl going into a Very Thick SPAN Cloud.

If anyone has thoughts, I'm all ears.

Here's the setup twice in two weeks on PLTR lately. NOTE works best on 5Min, 10Min and 15Min MAX
shared chart link: https://tos.mx/!V9FKoErn

 

[Kitchasap]

Been trading options for years, have had great success with SPX 0DTE with this setup, and sometimes weeklies depending on the VIX.

1st, here's the Chart Setup, strictly the Ichimoku Cloud on an Option Premium Chart.

As Price gets below the cloud, chops and gets very-thin-in-price-action, that's where I sometimes load in. Other times I want an EMA or an EMA Ribbon to cross over, but sometimes you've already missed the 100% spike, but can still ride another 100% to 500% which is still great.

I've messed with thousands of other indicators on this pattern. And I can't seem to find anything that gives me extra confidence that price as been pretty flat and there's a high potential of the curl going into a Very Thick SPAN Cloud.

If anyone has thoughts, I'm all ears.

Here's the setup twice in two weeks on PLTR lately. NOTE works best on 5Min, 10Min and 15Min MAX

Been trading options for years, have had great success with SPX 0DTE with this setup, and sometimes weeklies depending on the VIX.

1st, here's the Chart Setup, strictly the Ichimoku Cloud on an Option Premium Chart.

As Price gets below the cloud, chops and gets very-thin-in-price-action, that's where I sometimes load in. Other times I want an EMA or an EMA Ribbon to cross over, but sometimes you've already missed the 100% spike, but can still ride another 100% to 500% which is still great.

I've messed with thousands of other indicators on this pattern. And I can't seem to find anything that gives me extra confidence that price as been pretty flat and there's a high potential of the curl going into a Very Thick SPAN Cloud.

If anyone has thoughts, I'm all ears.

Here's the setup twice in two weeks on PLTR lately. NOTE works best on 5Min, 10Min and 15Min MAXView attachment 25941

Thanks for your inputs. Can you please share tos link for above set up. What do you mean when premium gets thin in price action. You mean when it gets stable?.

 

[Predemption239]

Thanks for your inputs. Can you please share tos link for above set up. What do you mean when premium gets thin in price action. You mean when it gets stable?.

https://tos.mx/!V9FKoErn

Try this for the entire setup. I also trade the clouds on option premium with the 50t Tick timeframe for quick scalpes

 

[Kitchasap]

https://tos.mx/!V9FKoErn

Try this for the entire setup. I also trade the clouds on option premium with the 50t Tick timeframe for quick scalpes

Thank you!