SPDR S&P 500 (SPY)

[NetNeutral]

Nice, we had a great day today with our 278 6/5 puts expiring worthless, posting a $680 gain, then we made a round-trip trade on 284 6/10 puts in at 2.95 and out at 4.05, another $440 in gains totaling $1220!!

We ONLY have our 280 6/7 puts open and that means we go into Thursday 100% short and we Kinda-Like-It, LOL...

That said, those 280 6/7 puts cost us -$1750 so we've paid for dem-puppies and that'll be nice if Spy finds a way to violate 280 and we Fade our Sorry-Asskie-selves with 6/14 275 calls(4 contracts)??

Expecting Spy to POST the Third of the "Three-White-Soldiers" pattern completing an attempt to defend the 200 sdma, BUT, that Three white soldiers pattern is usually followed by a COMPLETE retracement of the starting point which would suggest that SPy revisit the 274.57 Close on Monday!!??

Therefore, we'll use ANY FREAKIN Up-Age above 283, preferably 283.50, to Re-LOAD dem-dare 284 6/10 puts(4 contracts)!!!

Good trades ALL...