Buy the Dip Diagonal + AI Strategy
- 16 Oct 2024
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Buy the Dip Diagonal + AI Strategy
- Updated on 16 Oct 2024
- 1 Minute to read
- Print
- DarkLight
- PDF
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This is a discussion of the "Buy the Dip Diagonal + AI ⚡" strategy.
Overview
- Diagonal
- 2 legs
- Used with Only tickers in: QQQ, XLV
Buy the Dip Diagonal + AI ⚡ Strategy Settings
Buy the Dip Diagonal + AI ⚡ Open Conditions:
- Stock crosses up through 200 Day SMA
- Stock > EMA10Days
- RSI20Days < 70
- Kurtosis1Yr < 0
- Skew6Mo < 0
Details on Options TradeMachine is Selecting for Buy the Dip Diagonal + AI ⚡ Strategy:
- 1x short 30 delta call near 14 days to expiration
- 1x long 50 delta call near 30 days to expiration
Earnings Handling for Buy the Dip Diagonal + AI ⚡ Strategy:
Buy the Dip Diagonal + AI ⚡ Close Conditions:
- Options reach expiration (Close all legs with front month options)
Open next trade for Buy the Dip Diagonal + AI ⚡:
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