THE STRATEGY IN ACTION

This trading approach revolves around a straightforward day trading strategy focused on taking long positions in both calls and puts. In fact, I once shared with a friend how one could achieve a remarkable 100% return through day trading options, and I suspect he remains skeptical of this claim.

For illustrative examples, check out these links: [The Goal is 100% a Day: #DayTrading $Spy #Options](#) and [#DayTrading $SPY #Options — April 2022](#). It's crucial to grasp when to maintain your position and when to exit, but the golden rule is to never hold overnight.

Trading Examples: Performance Insights

On May 31, 2022, SPY began at 413.55. The combination of today's 413CALL and 414PUT effectively neutralized each other's profitability. Although the call momentarily reached its 100% profit target, it merely compensated for earlier stop-losses, while the put suffered losses throughout the day. The overall loss for these trades amounted to $312 on each $1,000 invested, translating to a 31.2% deficit.

5/27/2022 — SPY opened at 398.67, and the ITM 407CALL achieved its 100% profit target and continued to rise, ultimately closing with an additional 22% gain, resulting in a total profit of $1,230 for every $1,000 traded.

5/26/2022 — SPY opened at 407.91, and the ITM 398CALL celebrated another successful 100% win, yielding a gain of $1,024 for each $1,000 invested.

5/25/2022 — SPY opened at 392.31, with the 391CALL and 393PUT combo netting $1,104 for every $1,000 traded, a remarkable 110% return.

5/24/2022 — SPY opened at 392.56, and the combination of the 392CALL and 394PUT resulted in a combined profit of $1,485 per $1,000 traded, or 148%.

5/23/2022 — SPY opened at 392.83. The 392CALL and 394PUT combination generated yet another 100% gain, yielding $1,077 for each $1,000 invested.

5/20/2022 — SPY opened at 393.25, with the 394PUT achieving its 100% profit target for a return of $1,022 per $1,000 traded.

5/19/2022 — SPY opened at 388.62, and despite some profit-taking, the trades resulted in a 135% gain, totaling $1,358 for each $1,000 invested.

5/18/2022 — SPY opened at 403.50. The combination of the 388CALL and 390PUT achieved a 100% profit, accumulating a total of $1,753 for every $1,000 traded.

5/17/2022 — SPY opened at 406.53. The 406CALL and 407PUT yielded a 24% gain, amounting to $244 per $1,000 traded.

5/16/2022 — SPY opened at 399.98. The trades generated a modest profit of $361 for each $1,000 invested, equating to 36% for the day.

5/13/2022 — SPY opened at 396.71. On this particular Friday, the ITM 436CALL reached its 100% profit target, resulting in an impressive total gain of $2,058 for every $1,000 invested, or 200%.

5/12/2022 — SPY opened at 389.37, achieving $1,812 per $1,000 traded, representing a return of 181%.

5/11/2022 — SPY opened at 398.07. The day saw significant volatility, with the 397CALL and 399PUT leading to a total gain of $6,176.

5/10/2022 — SPY opened at 404.49. The 404CALL and 405PUT combo reached a total profit of $2,088 per $1,000 traded, equating to 148%.

5/9/2022 — SPY opened at 411.10. The combination yielded a 174% gain, resulting in $1,747 for each $1,000 invested.

5/6/2022 — SPY opened at 405.10. The 410CALL and 412PUT achieved a total gain of $1,874 for every $1,000 traded, or 184%.

5/5/2022 — SPY opened at 424.55. The 424CALL and 425PUT combo generated a profit of $1,522 per $1,000 traded, translating to a 152% return.

5/4/2022 — SPY opened at 417.08. The 416CALL performed extraordinarily well, achieving a staggering 400% gain, with total profits of $4,041 for each $1,000 invested.

5/3/2022 — SPY opened at 412.07. Following a strong previous day, trading was lackluster, resulting in a loss of $297.

5/2/2022 — SPY opened at 415.01. The ITM 411CALL and 413PUT combo saw an astonishing gain of $14,142 for each $1,000 traded, or 1414%.

In summary, this straightforward strategy of day trading SPY options has proven to be highly effective, offering substantial potential for profit.