SPDR S&P 500 (SPY)

[NetNeutral]

SPY attempting to GAP up and fill the GAP form yesterday, 267.49, and we'll use said Up-Age to add puts in anticipation of a minimum down to fill the GAP at 267.19??

In addition, its Opex and we suspect prices will be confined between a range, 266.80/268.28, today and will go long below 267.19 and short above 268.00??

We've already paid for our 12/27 puts with gains from yesterday, hence, we'll be buying calls on any attempt to fill the 267.19 gap??

We'll also add 12/29 puts on a breach of 268.00??

Good trades ALL...


12/29

268.00 putts at 1.00, Short, Sold at 1.09, 0.09 gain

12/27

267.00 calls at 0.29, Long, Sold at 0.39, 0.10 gain
267.00 calls at 0.30, Long, Sold at 0.40, 0.10 gain
267.50 calls at 0.25, Long,

266.00 putts at 0.07, Short,
266.50 putts at 0.12, Short,
267.00 putts at 0.32, Short,
268.00 putts at 0.85, Short, Sold at 0.95, 0.10 gain
268.00 putts at 0.75, Short, Sold at 0.95, 0.20 gain
268.00 putts at 0.85, Short, Sold at 0.95, 0.10 gain