ESK9 Trade on May 8, 2019 09:38 from kerobo0000: Tradervue User Stock Trades.

Rationale:
-entered 1SD away from the market when /ES found support at 2875 and then 2880 and we made a higher intraday low than the previous day
-received $1.40 credit per spread (2 /ES = 1 SPX; so each spread had $70 max profit) with 2DTE
-sold these with very short time b/c its hard to reasonably say you have a good idea of it holding certain level for 30+ days without having meaningful market catalyst

Recap:
-got tested on this the trade each day until spread expired for max profit
-this trade was likely a winner solely because I sold the spread 1SD away; if I sold ATM I likely would've been stopped out (even tho market closed at 2887 and ATM would've worked, the drawdown would've been too great before profit target reached)
-tried to exit at 50% max profit - the order was never hit but this morning, the market didn't seem like it would fall off a cliff (was putting in a long base / consolidation) so I thought there was a good chance I could let trade expire for max credit