This document outlines the setup and checklist for buying options, including when the price is above the volume weighted average price (vwap), volume is rising above the 20-day simple moving average (sma), price is moving away from vwap, relative strength index (RSI) is above 60, and open interest is reducing based on the 20-day sma. It then provides 13 examples of trades from November and October 2020 that follow this criteria.
This document outlines the setup and checklist for buying options, including when the price is above the volume weighted average price (vwap), volume is rising above the 20-day simple moving average (sma), price is moving away from vwap, relative strength index (RSI) is above 60, and open interest is reducing based on the 20-day sma. It then provides 13 examples of trades from November and October 2020 that follow this criteria.
This document outlines the setup and checklist for buying options, including when the price is above the volume weighted average price (vwap), volume is rising above the 20-day simple moving average (sma), price is moving away from vwap, relative strength index (RSI) is above 60, and open interest is reducing based on the 20-day sma. It then provides 13 examples of trades from November and October 2020 that follow this criteria.
This document outlines the setup and checklist for buying options, including when the price is above the volume weighted average price (vwap), volume is rising above the 20-day simple moving average (sma), price is moving away from vwap, relative strength index (RSI) is above 60, and open interest is reducing based on the 20-day sma. It then provides 13 examples of trades from November and October 2020 that follow this criteria.
Setup By - Jitendra Jain Twitter :https://twitter.com/jitendrajain Outline Setup
Checklist
Examples Setup
a) Price > vwap
b) Rise in volume :2x of average volumes ( 20 sma on volume) c) Price moving away from vwap. d) Rsi > 60 e) Reducing OI( 20 sma on OI) Example 1 : 1st Dec 2020 Example 2 : 26th Nov,2020 Example 3: 25 Nov,2020 Example 4: 24 Nov,2020 Example 5 : 20 Nov,2020 Example 6 : 20 Nov,2020 Example 7: 19 Nov,2020 Example 8: 19 Nov,2020 Example 9: Nov 13,2020 Example 10: Nov 11,2020 Example 11: Nov 10,2020 Example 12: Oct 28,2020 Example 13: Oct 26,2020 Thanks