First this is me. I'm a small cap trader first, option 2nd.
I had zero loss today. I called this in the small cap chat. I know a thing or two about the price action. Every day, in the trading world, there's a battle between those who BUYS or SELLS. Yes, you can make money both ways. I won these plays today because I know how market psychology works. This is more advanced stuff, and I do not want you guys to follow me because it will take months of practice. You have to be super fast getting in and out. You need have hotkeys/buttons, so you can sell FULL in 1 second.
But option? especially following Bowie? You don't need that kind of technical skills.
Options are contracts that give you the
right to buy or sell a stock at a specific price by a specific date. You're not buying the stock—you're buying the
option to buy or sell it.
There are two types:
- Call = Bet the stock goes up.
- Put = Bet the stock goes down.
What the live SPY traders are doing is 0DTE.
0DTE stands for "Zero Days to Expiration."
That means you're trading options that expire today—and Bowie focuses on SPY and SPX, two of the most active tickers for day traders.
What is SPY?
SPY is an ETF (Exchange-Traded Fund) that tracks the S&P 500, which includes 500 of the largest U.S. companies—names like Apple, Amazon, Google, and Microsoft. When you trade SPY, you're essentially trading the entire U.S. stock market in one move.
It's one of the most liquid and actively traded instruments in the world, especially for options. That’s why it’s so popular for 0DTE (zero days to expiration) trading—like what Bowie specializes in.
So How Do You Make Money?
Let’s say you’re not following anyone’s alerts—you’re going solo. How do you trade SPY?
- If the chart shows it’s trending up, you buy calls.
- If the chart shows it’s trending down, you buy puts.
It really can be that simple.
If you take time to learn the charts, you won’t need to rely on alerts—you become the one others follow.
But even more important than the chart is the candle.
Youtube EVERY SINGLE candlesticks video and memorize.
The foundation of all trading is understanding candlestick behavior.
Learn how candles form. Learn how they break. Learn how they trap.
Master the candles, and you master the game. After the candles then you get into chart patterns. Today QQQ had a nice flag pattern. bulls jumped on calls.