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r/wallstreetbetsr/wallstreetbets· u/PirateCorrect· 2d agoDiscussion 0

Does anyone scalp SPY options or any other ticker/exchange?

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Author shares profitable day trading SPY options using MACD and volume, asking for tips from others.

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What are the indicators you guys use?

I’ve had a pretty sorry streak lately with swing trading and figured I’d try doing something today that I’ve never really tried before. Quick scalp trading options. Each trade I was in for under a minute. Small wins but over the course of the day i had great results.

My results:

\-76 trades

\-54% win rate

\- 46% loss rate

Avg win percentage: 12.29%

Avg loss percentage: 9.29% (would’ve averaged a bit less but my phone freakin died and I took a few decent sized L’s until I turned it back on.. I’m at work this whole time so it’s kind of tough lol 🙃)

Sum of losses: -$543

Sum of wins: +$1,046

Total profit at end of day: +$543

Does anyone do this? Do you guys have tips?

I basically went off the MACD, volume and looked for corrections and occasionally would refer to the 15min chart and daily to see where I was at.

All in all I’m pretty pleased with how the day went.

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