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- $3,700 on SPY BULL, low volume easy 0dte trading
$3,700 on SPY BULL, low volume easy 0dte trading
We also preview the Mona Lisa indicator debuting in December
GM frosty friends,
Apparently you guys like to read this a lot more in the morning than you do after the market closes, so morning RIGD reports from now on.
Let’s get this thing poppin’
The good news:
November is almost over.
We move up too much too fast and it has been a sideways chopfest ever since. In 0DTE world we NEED intraday volatility to thrive.
The $VIX at the lowest level in a year…
Which means the richest people are not the crypto dorks screaming that blockchain gaming is the future, but actually the Wall Street lizards who have been selling volatility and printing money every single time.
Selling vol has been the infinite money glitch.
We are not smart enough to do that.
Long vol has been the infinite money incinerator. A former friend of ours who reads a bit too much on deep state and US naval deployment charts had an absolutely monstrous VIX call spread he did not close when we told him to cash that motherf*cker and buy a horse. Friendship did not end over that but the dude has found love cupid arrow straight up the a-hole and while we’re very happy for him we will miss the guy.
His loss is your opportunity.
You can be our friend and join the RIGD AI community with a cool $25 off your first month.
Enter code BFCM25 at checkout.
Make sure you request a discord invite from the account tab, so you can hop in the action with us today.
RIGD AI GOD MODE - EASY TRADES, EASY WINS
We like easy trades.
We like easy wins.
We prefer big wins but we will take easy all day long.
Remember you’re not going to take home a 9 every time you go out to the club and spend $5000 on a bottle of Clase Azul.
(unless you are our former friend it always seems to work for him)
Okay fun over let’s jump in.
We open and move higher, but we skip the first BULL on SPY because it’s low volume and above the blue.
Low volume + open session = hit it and quit it
There are two good exit points here.
Exit One: It’s a 50 cent move in 4 minutes. The open is usually pretty volatile, there’s no shame in exiting here. You could 4m you go from 454.75 - 454.25 as soon as we start going up we get scared. You could also hold here as there are more red florbs than green.
Exit Two: The last red florb comes in at 454.12 before moving up and we see some green florbs. This is your last chance to hit the eject button. You were probably up 30% and now are down to 3-5% profit. Do not hesitate.
If you didn’t exit you got killed.
Mondays are typically green so this is when we entered the trade.
Notice how clean the move up is… nothing but green florbs.
This is a setup we love and took it with full size 300 contracts.
Even though we had massive size in the trade, we had a lot more FEAR than HOPE.
Why?
VOLUME
PS -0.71 is exactly what we want.
V (volume) at 70.71% is exactly what will FK YOU if you are looking for a big gain.
It’s RARE we see big moves in price on low volume.
As soon as the trade moved to +24.89%, we pushed up our stop loss to 20% take profit.
As it went higher, we just marked dumped them on the way up in 50 clips at a time.
Anything over 50 and you will lose a bit.
If you are using robinhood this sucks for you.
Robinhood doesn’t have market orders because they make all of their money selling order flow to Citadel and want to give them the best price possible.
That’s why option trading is free on the platform.
Don’t use robinhood unless you enjoy being stolen from and think red light cameras stop people from speeding.
Eventually we go down to 10 runners and hold them until we lose.
It’s a winning trade and if volume were higher we could have gotten 100% on them.
On low volume days always remember this…
If you stay in the trade after it goes down, you will make a bad decision after then you will go on tilt to try and make it all back and then you will blow up your account.
For the rest of the day there are two more alerts on SPY that are good trades.
Low volume rules after the open:
BULLS below blue
BEARS above blue
EITHER at the (buy the pain)
It’s simple.
It’s easy.
AND YOU WIN.
It’s more low volume hit and quit.
We love this trade 100/100 will take it.
You had a chance to enter and set a stop loss (take profit) at +20%.
Bang winner.
11:21 - 255 BULL BOMB - PS -0.26 - Spot 454.67
11:24 - 254 BEAR BOMB - PS 0.26 - Spot 454.52
Anytime we get a PS -1 to 1 after the open it means price has gone nowhere. Either side can work.
However here we prefer the BULL alert.
Why?
Because we already moved down. It’s low volume, so we will probably move up.
Retail sees the last move down, draws some lines or oscillations and thinks omg it’s going down buy puts the furus said ecomony is dead.
At RIGD AI we follow Wall Street and win when they win.
The BULL BOMB is the best alert of the day.
✅ PS -1 to 1
✅ Drawdown only -8.04%
✅ Winning trade
Easy trade, easy win, that’s 0DTE with RIGD AI.
If you held until the end of the day you lose -95.54%… but we never expect to hold very long because of…. LOW VOLUME.
DON’T BE STUPID DOES NOT APPLY HERE (ON THE QQQ)
Every time you read the RIGD REPORT, every time you watch the alerts, every time you watch the market action you are getting mental reps.
Part of those mental reps means we will repeat ourselves over and over and over.
It’s for you but also for us.
On low volume (sub 100%) we expect 1-strike above or below the blue line or 2-strikes max.
It’s extremely rare to see a 3-strike intraday move on low volume unless there’s an outside market event like JPOW.
We didn’t tag any alerts on the QQQ in the middle.
But look at where this thing stopped.
Two strikes up is where we stop.
There’s one smart lizard up there with a small florb probably buying the 391p.
You take the 391p there it’s 0.47…. hour and 30m later it’s 2.01 for a +327.66% gain.
Being stupid is buying calls +2.
Being stupid is also not buying puts +2 because WE KNOW that 2-strikes is typically the max on low volume.
We said it. We didn’t trade it.
But it’s okay because the market opens again in two hours.
THE MONA LISA INDICATOR WILL SHIP IN DECEMBER
There will be more on this as we get closer but wanted to give you guys a Spearmint Rhino type of tease.
Last month RIGD AI invented PS (position score)
In December RIGD AI will debut ML aka the mona lisa indicator.
Like everything else in the RIGD AI system, it’s 100% proprietary created by our team.
It will change the game again.
What does ML do?
Mona Lisa utilizes artificial intelligence and machine learning, for advanced time-series analysis and pattern recognition to simulate price action based on forward, backward and upside down data.
Get it?
Didn’t think so… because we just tried to describe Palantir.
Mona Lisa is a detector for price action.
🚨 Nuke alerts = price go down
💹 Hulk alerts = price go up
It works extremely well during the ping-pong-bing-bong the lizards love to play during the middle session.
Here’s a sneak peak at 11/21/23 with Mona Lisa overlayed in the bottom chart.
Mona Lisa fires the nuke alert. You get a BEAR BOMB. You print money.
November has had more shit sandwich low volume days than even Joey Chestnuts could eat.
You probably have to click in and zoom on this but look at 10/25/23 on SPY.
Mona Lisa says NUKE incoming.
RIGD AI fires a BEAR SWING with PS 0.94 (remember -1 to 1 in the middle is $$$$ on high volume)
The trade goes +245.91% max gain or 195.52% if you bought and held until the end of the day.
ML + BOMB + PS = 🤑
We’re pushing for a December 4 launch, but it will still be extremely “alpha” mvp type phase.
Like everything else with RIGD AI - you trade are your own risk, we are not financial advisors, we are not responsible for infinite money glitches or the likely situation where you blow up your account and join us in the tent city.
0DTE IS EXTREMELY RISKY.
LET’S GOOOOOOOOOOOOOOOO!
Shout out to the new degens posting gains in the #flex channel in discord.
One of our nerd friends is stopping by HQ today and will have the discord community humming by the time he leaves or we simply will not allow him to leave.
We absolutely loooooove to see it.
A few things that need to be said which are about to be said.
1.) EVERY WIN IS A FLEX
Trading 0DTE options is one of the hardest things on the planet. It doesn’t matter what your account size is. Pump your fellow degens up.
2.) SMALL LOSSES ARE A FLEX
New or experienced the hardest thing to do is learning to LOSE SMALL before you spiral out into a terrible trade and blow up your account. We want to see more of this.
This aint Wall Street bets. To be successful in 0DTE, you need to lose small and sometimes win big.
You get out of a trade at +5% or breakeven when you normally would have held for a mega loss… THIS IS A MASSIVE WIN.
Let’s see it baby show it to us.
3.) THE RANKUP SYSTEM IS COMING
We used to play a lot of counterstrike until the amphetamine injected zoomers would keep headshotting us crossing to B through smoke.
RIGD ranks will be similar Frosty I, Frosty II, Master Degen, MD Elite, etc.
Badges and other cool stuff coming.
4.) LEARNING IS THE MOST IMPORTANT THING
This is going to take time. If you force it, you will blow up. Slow down baby.
We try and have conversations with as many of you as we can.
Here’s one from yesterday which is about 0DTE trading and not sex with us.
Patience leads to winning.
Winning feels good.
LET’S GOOOOOOOOO
GDP data drops in 15m.
We “think” we are in the bad news is good news phase.
If GDP is below forecasts, it means the fed is really done hiking and we are going to rip to infinity.
Let’s pray for volume and volatility!
Obligatory join RIGD post:
Save $25.00 on your first month when you enter code BFCM25.
Remember to enter code BFCM25 to take $25 off your first month.
$74 is one winning trade.
It will never be cheaper than this.
Real financial advice: If $74.00 is a meaningful amount of money to you, then you absolutely should not trade 0DTE options.
They are 🌶️
Disclaimer: We are low iq. This is not financial advice. It’s more like a poor man’s version of satire mixed with a bit of jet fuel and a dose of mental illness. 0DTE options are extremely risky and you will lose 100% of your trading capital if you sign up for RIGD.
Yes, we are guaranteeing you will lose everything and blowup your account and be homeless on the streets. Do not sign up.
thanks for reading THE RIGD REPORT by RIGD AI
we’re building tools for the modern degen investor
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