SPDR S&P 500 (SPY): SPY did manage a Drop to sub 249.00 yest...

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Re: NetNeutral post# 241164

Thursday, 09/21/2017 7:08:47 AM

Thursday, September 21, 2017 7:08:47 AM

SPY did manage a Drop to sub 249.00 yesterday and we took our 250.00 9/20 puts off da-table at 0.75, 0.20 gain and we go into today with an all cash position...

That said, we'll be adding 9/22 250.00 puts at 0.45 +/- AND adding 10/4 249.00 calls at 2.00 +/-!!

This will position us for the eventual break-out or 248.00 visit??

Good trades ALL...

9/20

250.00 putts at 0.55, Short, Sold at 0.75, 0.20 gain

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