🎯Option Setups
When we're in nightmare, hard mode or normal, the only alerts we want to trade have one of these setups.
Most of the time you're better off waiting until after 1300. Even then there's no guarantee there will be anything good to trade.
Here are out favorite trade setups.
End of Day Ramp aka Hulk to the close
This is when price rips at the end of the session into the close. Sometimes it's as early as 1330 others as late as 1550.
Perfect conditions:
✅ Bull Bomb 2 - 3 strikes down from the blue line (BL -2+)
✅ Multiple Bulls in a short period of time
✅ There was a failed rally with Bull Bombs at the blue or 1-strike down
✅ Comes after a nuke
Examples:
Perfect tag with 4 bulls in a row and a $2.50 move higher in the last 30 minutes.
Below the blue line, negative PS scores, three bulls in a row and almost a 4-strike move to the close.
Other alerts:
https://app.rigged.ai/flows/SPY?alert_id=77018&day=2023-11-30 https://app.rigged.ai/flows/SPY?alert_id=98196&day=2024-02-13 https://app.rigged.ai/flows/QQQ?alert_id=77012&day=2023-11-30 https://app.rigged.ai/flows/QQQ?alert_id=98573&day=2024-02-14
3-DOWN BULL SWING
This is probably our favorite setup on nightmare, hard or normal mode. They're rare but they win like crazy. The only time you will get crushed on this trade is when price is nuking typically due to an outside event.
Perfect conditions:
✅ Bull Swing 3-strikes down from blue line
✅ Volume under 110% (not a nuke day)
✅ Anytime, any symbol we love this trade
This example from 2/29/24 on QQQ goes for over 300%!
The risk for BULL SWING alerts is sometimes they are early and the price is not finished nuking.
That's why when it's 3-down or lower, it's a great trade!
Be careful if price action continues the move lower.
Middle Session Chop Then Nuke
If we are higher during the middle session (+2 from the blue line) and price action is chopping at the strike, it's a great setup for a nuke.
Look at this on SPY 2/12/24.
Once we hit the 512 strike, tons of bears come in. Then at 1300 there's a nuke for 2-strikes down and alerts go up to 300%!
TREND DAY BULL SWING
If we gap up at the open, sometimes we will have a trend day and continue in that direction the entire session.
Typically around 1030 - 1200 there is a "mini nuke" that is designed to liquidate late call buyers before continuing higher.
We look at QQQ on 1/19/24 price has moved up 2 strikes, before falling 1-strike.
It's only 1-strike so a "mini nuke".
The BULL SWING fires off and it's an incredible trade returning 417.20% if held until the end of the session.
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