Daily Watchlist of Stocks to Day Trade Weekly Options For ThinkOrSwim

[MasterSteve]

Watchlist for May 1st, 2020

BYND
MSFT
SBUX
CRM

 

[AlertBlake]

Watchlist for May 1st, 2020

BYND
MSFT
SBUX
CRM

By any chance would it be possible to add in the expected move of each ticker like you posted in the first post? Whether you're watching for an upside or downside movement? Thanks in advance

 

[Ramesh16]

Yes, I really thankful to MarsterSteve!!

 

[MasterSteve]

Watchlist for May 4th, 2020

COST
FB
GOOG
MA
NFLX
NVDA
SHOP

 

[KKaiser]

@MasterSteve, Thank you for your contribution. Could you please let us know how you come with the picks, so we can also master this skill, which will be very beneficial. Happy weekend.

 

[MasterSteve]

By any chance would it be possible to add in the expected move of each ticker like you posted in the first post? Whether you're watching for an upside or downside movement? Thanks in advance

Hi @BoarTrades,

When we first started this watchlist we were tracking how successfully we could pick a direction the day before based on option movement during that day. As we went on, we realized that we were about 50/50 on that. We didn't want to give out the wrong information, so we decided to stop posting the expected move and just post the list of expected movers. We found that the best indication of a stock's movement is day of, in price action and option flow.

 

[MasterSteve]

@MasterSteve, Thank you for your contribution. Could you please let us know how you come with the picks, so we can also master this skill, which will be very beneficial. Happy weekend.

Copied from a previous answer I wrote,

So we come up with the watchlist every day using the blastoff indicator https://usethinkscript.com/threads/blast-off-indicator-for-thinkorswim.621/ on our tech watchlist.
Here's the latest code for it.

https://tos.mx/ajuPLf7

You can set up a scanner with that and set the condition to be if the blastoff indicator is True. Then set it up running from a watchlist of your choosing and it'll print out a list of the expected movers for the next day. From that watchlist, I like to look at the flow for the day and see if there is any unusual flow or expected momentum that we could see for the next day. I'll take out anything that doesn't have much option flow or doesn't look interesting to watch for the next day. Then I'll post the results.

 

[MasterSteve]

Watchlist for May 5th, 2020

MCD
WMT
JPM
TSLA

 

[heramone]

@MasterSteve - Hello Sir, I just found Scalping Strategy with Flow Data (Currently Testing) here in the group. Could you please advise how can I get the scripts for a strategy for chart and scripts for scanning stocks. Thank you very much in advance.

 

[MasterSteve]

@MasterSteve - Hello Sir, I just found Scalping Strategy with Flow Data (Currently Testing) here in the group. Could you please advise how can I get the scripts for a strategy for chart and scripts for scanning stocks. Thank you very much in advance.

Hi @heramone, the answer I wrote to KKaiser three answers above this one has the scripts for this watchlist. Is that what you're referring to?

 

[KKaiser]

Copied from a previous answer I wrote,

So we come up with the watchlist every day using the blastoff indicator https://usethinkscript.com/threads/blast-off-indicator-for-thinkorswim.621/ on our tech watchlist.
Here's the latest code for it.

https://tos.mx/ajuPLf7

You can set up a scanner with that and set the condition to be if the blastoff indicator is True. Then set it up running from a watchlist of your choosing and it'll print out a list of the expected movers for the next day. From that watchlist, I like to look at the flow for the day and see if there is any unusual flow or expected momentum that we could see for the next day. I'll take out anything that doesn't have much option flow or doesn't look interesting to watch for the next day. Then I'll post the results.

Thanks @MasterSteve

 

[jcga1981]

Hello, I'm curious, the indicator shows a high probability of an explosive movement, but in any direction?

 

[MasterSteve]

Hello, I'm curious, the indicator shows a high probability of an explosive movement, but in any direction?

Copied from a previous response.

When we first started this watchlist we were tracking how successfully we could pick a direction the day before based on option movement during that day. As we went on, we realized that we were about 50/50 on that. We didn't want to give out the wrong information, so we decided to stop posting the expected move and just post the list of expected movers. We found that the best indication of a stock's movement is day of, in price action and option flow.

 

[MasterSteve]

Watchlist for May 6th, 2020

BYND
DIS
FB
HD
MSFT
NVDA

 

[jcga1981]

Hello, with which indicator do you track the marked movements?
For example, HD, MSFT or BYND today, in 1M time frame, started with RSI overbought and yet BYND made a small setback and then took off to the upside, contrary to MSFT or HD.
Do you recommend a particular indicator, a specific time frame or let the movement develop in the first 30 minutes and then enter?
For reference, I only use RSI, EMA8, EMA21 and SMA200. Time Frame M1.

Thanks and excellent work!

 

[KKaiser]

@MasterSteve I watched BYND, NVDA trade today solely based on your pick and it was a whole new world of technical analysis for me. One day I will start paper-trading so I can post screenshot. Right now just watching and learning. Thanks and keep coming.

 

[MasterSteve]

Watchlist for May 7th, 2020

AAPL
AMD
DIS
FB
MSFT
NVDA

 

[MasterSteve]

Watchlist for May 8th, 2020

AAPL
FB
MA
NFLX
TSLA
SHOP

 

[MasterSteve]

Watchlist for May 11th, 2020

COST
DIS
FB
GS
MSFT
NFLX
ROKU
SHOP

 

[KKaiser]

@MasterSteve Hi, can you share your real world experience with AMM 2.0 indicator if you are deploying it. Thanks for the watchlist.