Market Context

Volatility remains elevated, even as VIX pulls back from recent highs.

Structure is still weak.

SPY is trading below key moving averages.

QQQ continues to reject resistance within a broader downtrend.

Price action remains choppy, with frequent intraday reversals.

This is not a clean environment.

I'm reducing exposure and prioritizing selectivity.

Last Week — Trade Recap

Trade setup Recap data
Ticker EQNR
Strike $39
Premium $570
APR 56%
DTE 16

Note: Entry taken on pullback into SMA50 support within a strong uptrend. Strike placed below structure. Assignment acceptable.

Current Positions

Current position Live data
Ticker EQNR
Position CSP
Strike $39
Expiry Apr 17
Status Below Structure

Plan: Hold, assignment acceptable or collect remaining premium.

Watchlist

AGGRESSIVE

Watchlist Aggressive
Ticker CRGY
Level $13.4
Trigger Pullback Hold At 13 / SMA50
Invalidation Below $12.7
Risk Post-Rally Fade
Ticker RIG
Level $6.6
Trigger Bounce At 6.2-6.3 Support
Invalidation Below $6
Risk Range Breakdown

BALANCED

Watchlist Balanced
Ticker TS
Level $58
Trigger Hold Above 57 Support
Invalidation Below $55.5
Risk Trend Exhaustion
Ticker HPE
Level $24.6
Trigger Pullback Hold At 23.5-24 Support
Invalidation Below $23
Risk Post-Spike Retracement
Ticker DELL
Level $174
Trigger Pullback Hold At 170-172
Invalidation Below $168
Risk Overextension Post Rally

SAFE

Watchlist Safe
Ticker FANG
Level $194
Trigger Pullback Hold At 190-192
Invalidation Below $188
Risk Momentum Cooling
Ticker KMI
Level $33
Trigger Hold At 32.5 Support
Invalidation Below $31.8
Risk Low Premium / Slow Theta

What I Am Not Touching

Many setups remain structurally weak.

Downtrends and unstable ranges are still prevalent across most names.

Support levels are not consistently holding.

Breakouts continue to fail.

Price action remains choppy, with limited follow-through.

Premium is often elevated, but reflects instability rather than edge.

Lower volatility names do not provide sufficient return.

In this environment, most setups do not justify deployment.

Process Note

One trade was taken.

Everything else was filtered out.

Most setups showed premium.

Not structure.

Weak trends.

Unstable ranges.

Inconsistent support.

This is not a market for activity.

It is a market for selectivity.

The process does not chase opportunity.

It removes it.

Capital is deployed only when risk is defined.

Wizolver.log documents a personal trading process and is provided for educational and informational purposes only. Nothing here is financial advice or a recommendation to buy or sell any security. Trading options involves significant risk. Do your own research.