Crow Calls: Week of Aug 11

Options Tickers

Winning the Game

I’ll be returning to regular posting for the Crow Call series - my options picks for each week/month ahead. I’ve been refining my strategy for nearly a year, to come up with key stats that lend to success. They are listed further below.

With over 35 tickers and 80 options plays, I’ve learned a lot about what works and what doesn’t, as well as a clues on the importance of risk vs. win rate. That is fundamental to any successful trading strategy - however options trading requires consideration of many other variables, for example time decay (theta), change in delta (gamma), not to forget volatility (vega).

For that reason, I do not recommend options trading to my mentees, at least until consistency is achieved in the underlying (or in futures). It is only then that I suggest monthlies and leaps - and 0dte once a confident grasp of options mechanics is achieved.

With that out of the way - the win rate for the 80 plays is 47% (which must see a 50% gain to quality) - which is more than sufficient for a consistent income.

Weekly Crow Calls

TSLA

The magic number appears to be the 187 DMA for Tesla. This fluctuated between the 185 to 190 the past two years so I’ve set the midpoint on my main Tesla chart.