SPDR S&P 500 (SPY)

[NetNeutral]

SPY continues to rise above all da-Fray and appears to be positioning for a JAM JOB of meaning next week as the OPEX final count-down for the third Qtr begins??

As suggested we did exit our 247.00 calls at 1.10, 0.25 gain yesterday on the GAP up!

We'll be pick up some 246.00 9/8 calls on any move lower at the Open in case da-Boyz try to paint pictures of DOWN only to go, well, UP, LOL...

We expect SPY to play between 246.50/248.50 today with a close at or near the HOD??


9/8

247.00 calls at 0.85, Long, Sold at 1.10, 0.25 gain
248.00 calls at 0.35, Long,


9/13

248.50 puts at 2.05, Short,