SPDR S&P 500 (SPY)

[NetNeutral]

SPY closed BELOW the 244.74(R7), Not good for da-Bulls!!??

Looks like SPY is gonna drop down to our 240.7 target and may extend to the R6(239.12)??

We position accordingly if SPY does NOT find a way to CLOSE above 244.74 2morow??

Good trades ALL...

8/25

243.00 calls at 1.95, Long,

245.00 puts at 0.95, Short,



8/23
240.00 calls at 2.45, Long, Sold at 4.45, 2.00 gain

240.00 putts at 0.40, Short, Expired at 0.00, -0.40 loss
248.00 putts at 2.05, Short, Sold at 3.55, 1.50 gain