SPDR S&P 500 (SPY)

[Neutral Man]

FebOE Playbook stuff?

Monday morning and all looks well for some rape-n-pillage-ing but I find it MOST unusual dat da-Fed be the one getting it taken too-em, OUCH, da-Muppets will dance to da-Tune of da-Boyz, AGAIN, LMFAO!?

Absolutely Stew-Pend-Us, da-Boyz is in a mischievous mood again this week and will likely trigger a Pattern Violation first thing this morning, YOU GO BOYZ!?

It appears we get to the 42.00 and 1270 marker a bit Quick-r than originally 4cast, COOL!?

We'll be BUY-ing Feb47 or Feb48 puts on ANY Bounce-Back wave that attempt's to fill da-GAP at 43.99 (We'll NOT Hesitate as our Zhen-Master discipline factor will move like da-Black_Ninja, fast and quietly we'll swoop in and Nab dooze puts as price approaches 43.99)!?

For everyone's viewing pleasure da-OEPM says?

Date Open High Low Close
22-Jan 42.83 44.77 42.73 44.18
23-Jan 42.54 44.15 41.61 44.01
24-Jan 44.19 44.93 44.06 44.91
25-Jan 45.86 45.87 43.94 43.99
4cast
28-Jan 43.48 43.99 42.24 42.48
29-Jan 42.54 42.90 41.92 42.35

Date Open High Low Close
22-Jan 1312.94 1322.09 1274.29 1310.50
23-Jan 1310.41 1339.09 1270.05 1338.60
24-Jan 1340.13 1355.15 1334.31 1352.07
25-Jan 1357.32 1368.56 1327.50 1330.61
4cast
28-Jan 1327.05 1330.61 1277.57 1284.85
29-Jan 1285.77 1297.67 1268.04 1281.12

We start the day Full Loaded with Long plays or 100% long!

Long positions (expecting the Q's to go Up)
Feb45 calls at 2.03, (QUAD), bought long
Feb45 puts at 3.35, sold short
Feb46 puts at 3.25, (DOUBLE), sold short

This LONG exposure, along with our OE gains of $5.92, gives us the ability to add some Serious shorts without jeopardizing our profit potential. In fact, the Feb47/48 puts will keep our pending profits on our Feb45/46 puts, which are sold short, locked in and protected (this is in keeping with our charter to be Both long/short at the same time)!

We have the same chance to Sell Short Feb42 calls on a bounce and then Buy Feb38/39 calls to LOCK in the gains on those Feb42 calls as prices fall below the 42.00 marker (this play is made possible by our long-standing pawn position of Quad Feb45 calls as they will protect against da-Boyz playing DUP-Meister's and going NorthBound instead, NOT)?

We do expect the S6, 41.95, to HOLD on a closing bases and that should set the stage for higher prices into 30Jan/01Feb?

With a 5.2% wkly PM 4cast we should be able to add some hefty gains to our already modest gain of $5.92 this week? We now look to da-Boyz to bring dis-Puppy to Fruit-eesh-un and manipulate prices into, well, da-Profit_ZONE, WooHoo!?

Now go forth and prosper accordingly but do NOT hesitate to acknowledge da-Boyz efforts when it's said and done and you be counting all your Ka-Ching, let's Hear it for da-BOYZ, LOL!?

Good trades ALL and to ALL, Just Do IT, LOL!?
nm