If they will be liquidating it should have gone down. MM wrote 370 Puts and 430 Calls so they ate both 380 is logic area to balance. SPY has 282 target than we will see how it react. If conviction is there than 1850 on SPY will be in play IMOP for next 13 months from August. We could test 279 tomorrow or may be opening low but that will be stretch. Good trading volatility.
Farooq This post is for educational and amusement purposes only, and is not to be interpreted as trading advice. Consult your financial adviser before placing any trade.
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