SPDR S&P 500 (SPY)

[USDollar]

Manipulators bought Futures up from slump which shows support for today. Now green even tho not much.
This means they want to prevent a Friday-Monday carnage duo (reasons unknown, maybe crash is outlawed)

So imo today is NOT a trade puts day unless you buy puts around 266 AND 268 (so duo piston trade) and cross toes

On the other hand, buying intraday support should be much less risky (TODAY) as I do not think for a moment we'd see any , ANY type of price collapse today (except intraday from the numbers above, and even that's a maybe).

Intraday support is not formed yet, but I'd say yesterday close is one of 'em for now to start with

Bear in mind that the premiums have been inflated !!! (volatility increased ... and they also cheated by adding a lil more, so you pay more)
So if SPY ranges even a little the options you hold will lose value (BOTH sides). So it's not going to be easy to make that dollar.

(Net became a calls sympathizer forward yesterday at eod so he was onto something there, besides beer that is Lol)

(p.s. a green day today CAN be interpreted as market validation for the outcome of trade news, so interpreted as good news as I think too. But fake media will try their best to spin or diverts to bedroom stories)