SPDR S&P 500 (SPY)

[NetNeutral]

Staying with our target of 240.57 and an extension down to 239.12??

SPY is playing along the lower boundary of a wedgie, 242.64 being the support and 245.83 being the resistance, a violation of wther is likely to trigger a big move and tag some lines ofmeaning??

We go into Friday net neutral and have spy trapped between 243.00 and 245.00! We prefer a break below 243.00 (242.64 to be exact), but have No Freakin idea of what da-Boyz r planning for Friday and the last few days of the Month??

August Opened at 247.45 and needs to get above to post a green candle?

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