Hi guys,

I have been trading stocks, FX, futures here and there for since for about 7 years now. Never touched options. Recently, I decided to experiment with options and I am quite surprised with such little knowledge I have about options, I can have some good results.

So what I do is I identify the areas of support and resistance on the chart on QQQ. Let's say it comes to an area of support and I think that it is going up, I just buy 0dte calls of whatever OTM strike price, I don't care. What I care is what I'm risking for the option. Let's say it's 0.2. I just buy it with the mindset that Im willing to lose $20. As the market turn and going in the direction, even if the strike price is still far away, the premiums increase and I just sell it.

This is what happened on the second day of experimenting with options:

Trade 3... I bought for 56.. sold at $70..

Trade 2... I bought at 42... Sold at $60..

Trade 1... I bought at 68...…