SPDR S&P 500 (SPY): SPY still in a Wedgie and break-out Up o...

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Re: NetNeutral post# 217383

Thursday, 10/27/2016 7:33:15 AM

Thursday, October 27, 2016 7:33:15 AM

SPY still in a Wedgie and break-out Up or Sown is unclear for this week, hence, we'll use a violation of 213.50 to buy 213 10/28 calls to fade our 215 11/2 puts?

Could we see a violation of the weekly low, 212.93, sure, but that will get us exiting our 11/2 215 puts and Holding dem 213 calls into Friday??

Good trades ALL...

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