- sold 33 covered calls for september 6th at a strike price of $6. I got $297 from it. I will be using this for day trading live on robinhood and using charts & level 2 from fidelity.
- I made a total of 5 trades with overall losing $19.96
- It was a slow day with all big gainers of the day did not have a lot of volume.
- Pre-market had more interest. When the market opened everything that was up went down.
- First trade was Mira: Bought 50 shares at $2.27 = $113.50. It started going down an within 3 minutes I sold it at $2.21 = $106.
- 2nd trade – MIRA – it was showing signs of possibly going back up so I bought in at $2.17 – 50 shares = $108.25. It was quite stagnant, going sideways. sold it at $2.18 = $109. Stayed for 2 minutes
- 3rd trade was also sideways on MIRA – Bought 50 shares at $2.2 = $110.50 and sold it $2.21 = $110. Stayed for 3 minutes
- 4th trade moving away above and trading PWM which was the biggest gainer at the time. But it was still slow. Bought 50 shares at $1.44 = $72. sold it at $1.4 = $70.09. Stayed for 12 minutes.
- 5th trade. Trying for another that looks like it could go up. It was ASST. But it didnt really go up. Bought 40 at $2.27 = $90.8. Sold all at $2 = $80. Stayed for 10 minutes.
- Stopping trading for the day. Too many losses.
From the looks of it, combination of Fidelity and Robinhood, could work day trading. As long as I only use funds coming in from Covered Calls.
Another thing I started trading at exact market open. I need to look at if market open usually is sideways.
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