SPDR S&P 500 (SPY): I did have calls, BOS, and sold at HOD b...

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Re: BOS-MMT post# 272711

Monday, 12/03/2018 4:55:05 PM

Monday, December 03, 2018 4:55:05 PM

I did have calls, BOS, and sold at HOD but they weren’t big enough to cover the loss. I did believe that the G20 outcome would be negative which was a gamble, and a stupid one for 12/3 expiry options! I still see the tariff situation as a negative and think SPY will need to fill the gap at 275.50, before breaking 281. However, da Boys seem up to their old tricks of gapping above resistances, and allowing only minor retrace, so I’m not confident at all.

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