SPDR S&P 500 (SPY)

[NetNeutral]

We go into today all CASH, BUT, we'll use the Gift of a GAP down to add 11/1 256.00 calls!!!

SPY didn't quite make it up to tag the R11(255.99), 255.95 was close but No Cigar!!

We expect SPY to shake out weak hands and resume its upward bias??

First support, 253.18 of course, LOL...

Second support, "If" 253.18 does not hold da-line then 250.37 should come to the rescue??

Weakness could last into the NovOE 11/17 B4 SPY re-Saddles da-Bull but day gonna likely entice da-Mice (Shorts), and test da-Men (Longs), over the next few weeks???

Good trades ALL...


10/18

255.00 calls at 0.60, Long, Sold at 0.95, 0.35 gain



Closed positions: Gain of 1.47 gain

10/18

254.00 calls at 1.20, Long, Sold at 1.45, 0.25 gain


10/13

255.00 calls at .17, Sold at 0.30, 0.13 gain

10/11

253.00 calls at 0.72. Long, Sold at 1.27, 0.55 gain
253.00 calls at 1.27, Long, Sold at 2.00, 0.73 gain
254.50 calls at 0.50, Long, Sold at 0.80, 0.30 gain
254.00 putts at 0.75, Short, Expired at 0.00, -0.75 loss

10/4

249.00 calls at 1.90, long, Sold at 3.00, 1.10 gain
252.00 calls at 0.35, Long, Sold at 1.00, 0.65 gain
252.00 putts at 1.14, Short, Expired at 0.00, -1.14 loss

9/29

251.00 putts at 1.75, Expired at 0.00, -1.75 loss

9/27

250.00 calls at 0.25, Long, Sold at 0.45, 0.20 gain

250.00 putts at 0.50, Short, Sold at 0.95, 0.45 gain

9/22

250.00 putts at 0.45, Short, Sold at 1.00, 0.55 gain

9/20

250.00 putts at 0.55, Short, Sold at 0.75, 0.20 gain