To The Moon

📅 Date: June 11, 2025

📊 Ticker: $IWM (iShares Russell 2000 ETF)

📈 Strategy: Cash-Secured Put + Intraday Reversal Scalps

⏱️ Chart Used: 1-minute candlestick

🎯 Objective: Capture short-term premiums and cover daily expenses

⸻

Ok🔁 Trade Summary:

1. Sell PUT – IWM 2025-06-14 $192 PUT

• 📍 Sold at: $1.20 (10:12 AM)

• 💰 Premium Collected: $120

• Reason: Bearish pressure fading, hammer candle forming on 1-min chart near support

2. Buy Back PUT – IWM 2025-06-14 $192 PUT

• 📍 Bought back at: $0.86 (11:03 AM)

• 📈 Quick reversal confirmed on rising volume

• ✅ Profit: $34

⸻

3. Sell PUT – IWM 2025-06-14 $191 PUT

• 📍 Sold at: $1.02 (1:21 PM)

• 💰 Premium Collected: $102

• Reason: Second test of intraday low, strong bullish engulfing candle

4. Buy Back PUT – IWM 2025-06-14 $191 PUT

• 📍 Bought back at: $0.74 (2:10 PM)

• ✅ Profit: $28

⸻

💵 Total Daily Profit: $62

🎯 All trades executed using cash-secured puts, backed by full collateral.

📍 Goal: Small, consistent wins using high-conviction intraday entries. Enough to comfortably cover food, transport, or utility costs — and keep my capital compounding.

⸻

✍️ Key Takeaways:

• Using 1-minute candle reversals + volume confirmation works well for timing entry/exit.

• Discipline in not chasing premiums is key.

• Scalping CSPs is a solid method to generate steady income with lower risk — as long as you’re agile and watching the tape closely.

📌 I’ll be watching FOMC risk ahead. Might reduce size or shift to wider strikes next session

@CaptainTiger 

Covers my trip to JB 

@TigerEvents 

@Daily_Discussion 

@MillionaireTiger 

@TigerStars