Options Wonderland

[Market Technician]

I bought VXX instead, I'll probably sell it in the morning. I like the market at these levels, but I'll assume we're going lower till FOMC mid afternoon. I was looking at a SPY $120 LEAP PUT from MARCH 2011 and it closed up a couple of bucks. I see there's money to be made in leaps if you're lucky. 2 bucks a day would be pretty good over a year lol. My leap put is SPY110319P00120000 .