SPDR S&P 500 (SPY)

[NetNeutral]

The Uptrend is in absolute control as SPY not only managed to Close Up yesterday buy Threatens to take out the R11(255.99) with a GAP above!!

That said, regardless of the OPEN( 256.50 +/- ), or how high we get (256.75/89), SPY will likely CLOSE (255.75 +/- )???

We'll use the GAP Up to Exit our 11/1 256.00 calls (1.50 +/- ), and pickup 254.00 calls on a move down to 255.20/25???

Good trades ALL...



11/1

256.00 calls at 0.75, Long,

257.00 putts at 1.95, Short,



Closed positions: Gain of 1.82 gain

10/18

254.00 calls at 1.20, Long, Sold at 1.45, 0.25 gain
255.00 calls at 0.60, Long, Sold at 0.95, 0.35 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