AI
Monday, September 11, 2017 6:28:50 AM
SPY threatens to GAP above and fill the GAP at 247.81, BUT, will it come back down, or NOT!!??
We expected a breach of 248.00 on Friday last week but da-Boyz decided to Bait the Shorts instead, WTFE...
Little to no chance of the Shorts getting any kinda relief this week as we expect da-Boyz to keep the pedal down all week with a CLOSE above the ATHigh of 248.91??
This move above 247.56(R8) and a close above opens the door for the R9 and R10 to be breached??
We'll be buying 9/15 249.00 calls and STO 251.00 9/13 puts in an attempt to Fade or 248.50 9/13 puts!
Good trades ALL...
9/8
247.00 calls at 0.85, Long, Sold at 1.10, 0.25 gain
248.00 calls at 0.35, Long, Expired at 0.00, -.35 loss
9/13
248.50 puts at 2.05, Short,
We expected a breach of 248.00 on Friday last week but da-Boyz decided to Bait the Shorts instead, WTFE...
Little to no chance of the Shorts getting any kinda relief this week as we expect da-Boyz to keep the pedal down all week with a CLOSE above the ATHigh of 248.91??
This move above 247.56(R8) and a close above opens the door for the R9 and R10 to be breached??
We'll be buying 9/15 249.00 calls and STO 251.00 9/13 puts in an attempt to Fade or 248.50 9/13 puts!
Good trades ALL...
9/8
247.00 calls at 0.85, Long, Sold at 1.10, 0.25 gain
248.00 calls at 0.35, Long, Expired at 0.00, -.35 loss
9/13
248.50 puts at 2.05, Short,
