Want to post how to trade a pivot using the one called this morning right at the lows of the day. First, we had $453 July 25 Puts up well early so I sold those as the markets began to bounce. Then we hit an order block for 5 minutes and I posted entering EXPIRING $453 Puts. Why expiring instead of Jul 25 puts? Because markets had a down look and if it was going to trend down then use the closest strike at super cheap price $0.22 entries. Also, if it turned into a trap and rally then I'm out $0.22 after gaining 5 times that on the Jul 25ths.
Next was the low pivot spotted and posted. Lets say you wanted to buy SPY expiring calls there as one person asked me. You would see what VWAP is at when I said "pivot" and once that pivot confirmed $453.34 (left side of the "V" order block into liquidity grab lows) you would buy the $454 expiring Calls for a quick trade. You would then sell them on flash of VWAP. If not all, then 90%. I sell them all on days like today. That would be a $0.43 or $0.44 entry with a $0.78 to $0.80 sell on VWAP flash. I always use a market order on flash sells. Nothing worse than partial fill when you were right on a trade.
And I sell 100% because you almost always get an initial rejection wave, as we did and you can always decide to buy back cheaper using a stop to ensure an overall winning approach to the trading.
Hope this helps. Also, if you don't have the right platform, skip any weekly call option alert and especially the above strategy. You'll get cooked like a goose with slow executions. Lastly, we are in pilot mode for the channel, without a full download on anything being traded. Don't trade for now since it is new to you. Observe and then as the complete service comes on line you'll have a better handle on trading.