Trust The Levels - Trade Options In ThinkOrSwim

[METAL]

5/12/25
Todays Trades:
LG Acct: $3,275.00 Profit

AMD:

SPX:

TSLA:

TSM:

TSM : Loss

 

[METAL]

Todays Trades: Great day today
SM Acct:

LG Acct:

NVDA:

TSM:

SPX:

 

[Free1971]

@METAL Good day today. I made $90 on my small account using your system. Thanks again.

 

[METAL]

@METAL Good day today. I made $90 on my small account using your system. Thanks again.

That is awesome! Keep it going!

 

[halcyonguy]

Todays Trades: Great day today
SM Acct:

LG Acct:

NVDA:
View attachment 24766

TSM:


SPX:

what is scaled? did you buy more or sell some?

 

[METAL]

what is scaled? did you buy more or sell some?

Scaling out. Selling.

 

[METAL]

Todays Trades:
AAPL: Profit

PLTR: Profit

TSLA: Loss

TSM: Profit-

 

[METAL]

Todays Trades:

@METAL im glad it works for you…. But why not just use the regression channel on that TOS provides in their drawing menu?

That is how this started. I do use the regression channel tool to draw in my L-LRC levels.

 

[METAL]

Todays Trades:
LG Acct:

SM Acct.

AAPL: Sm Acct: 97.00, LG Acct: $3,400.00

TSLA: -$950.00 Loss

SPY:

BABA:

 

[METAL]

Another great day. No losses today!
LG Acct.

SM Acct:

GOOG: #3050.00 Profit!

META: $2,165.00 Profit!

TSLA: $2,050.00 Profit!

 

[dirtyrug]

Scaling out. Selling.

hi metal, how do you find stocks for this? i know you don't have a scanner but any tips on what to look for in potential longs?

 

[METAL]

hi metal, how do you find stocks for this? i know you don't have a scanner but any tips on what to look for in potential longs?

I use my list of 24 different stocks that i have on my grids. I will also trade stocks based on news etc..

 

[METAL]

Todays Trades. A great way to get back from a mini vacation!
LG Acct:

Small Acct:

TSLA: $6,525.00 Profit!

GOOG: $2,780.00 Profit!

 

[mrk327]

Beautiful stuff Metal! Congrat! I love the LRC levels as well!

 

[Trader Raider]

@METAL, I've been lurking around this thread for a while because I've been trading overnight fib levels for a long time. I've noticed something interesting so am trying to isolate the slope calculation.

Is this the slope in line 94 of your v5 code?
def b = (x0_ * Exy - (Ex * Ey)) / (x0_ * Exsq - (Ex * Ex));

Thanks in advance

 

[cindyc]

I traded ATM Put options on SPY and made a quick $510 in eight minutes today.
View attachment 21728

Hi,
I am a newbie on this subject. When you stated that you trade ATM Put option on SPY, which DTE do you use? Why not short the SPY?

 

[rad14733]

Hi,
I am a newbie on this subject. When you stated that you trade ATM Put option on SPY, which DTE do you use? Why not short the SPY?

SPY is at ~$600 a share today... SPY Options contracts can be had for ~$200 or less for Calls or Puts... It's all about leverage... For the price of one share of SPY you can get 3 Option contracts that move proportionate to SPY itself... If the contracts have a .50/-.50 Delta then those 3 contracts would yield ~$1.50 per dollar of movement in the price of SPY itself... Therefore, an investment of $600 would yield ~$150 for a $1 move of SPY... That's the quick and dirty explanation... The whole concept is beyond the scope of this topic but you can get up to speed by watching a few YouTube videos about trading Options...

 

[Thinker]

Todays Trades. A great way to get back from a mini vacation!
LG Acct:
View attachment 24893
Small Acct:
View attachment 24892
TSLA: $6,525.00 Profit!
View attachment 24890

GOOG: $2,780.00 Profit!View attachment 24891

I can't believe I'm so late to the party. Your system is obviously great, and it's very generous to share it! Where do I find the latest code used to employ your system?

 

[METAL]

Trading has been GREAT! Last week was $$$ and this week is starting off the same. Sorry for not posting each day. My wife and I are pretty busy with a sport ATM, so it is taking a lot of my time.
Todays Trades:

LG Acct:

SM Acct:

ARM (Top watch of the day)

CRWV

MU

AMD:

 

[JoseB]

Another great day. No losses today!
LG Acct.
View attachment 24821
SM Acct:
View attachment 24822

GOOG: #3050.00 Profit!
View attachment 24823

META: $2,165.00 Profit!
View attachment 24824

TSLA: $2,050.00 Profit!
View attachment 24825

There are so many lines. How do you know what's what? Do you have a video that explains all the lines?