Does anyone scalp SPY options or any other ticker/exchange?
Author shares profitable day trading SPY options using MACD and volume, asking for tips from others.
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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