SPDR S&P 500 (SPY)

[Neutral Man]

We go into the OPening bell with a SHORT bias ONLY a Mother could love, LOL! We'll use the Armageddon wave to exit our Aug46 puts!??

Day Orders to;
StC, 480 Aug46 puts at 1.50??
StC, 480 Aug46 puts at 1.75??
StC, 1920 Aug46 puts at 2.05??
StC, 480 AUg46 puts at 3.05??

Let's see how low we go before the SELL intensifies, oh boy, sigh............

4cast says we GAP up, Whatda, LOFAO, well, AGAIN!

Date Open High Low Close
23-Jul 45.46 46.10 45.38 46.06
26-Jul 46.12 46.46 45.91 46.44
27-Jul 46.69 46.72 46.21 46.42
28-Jul 46.38 46.58 45.88 46.05
29-Jul 46.30 46.41 45.25 45.71
4cast
30-Jul 45.98 46.24 44.78 44.82

Boyz, you're getting too pre-dick-da-bull, BUT, we LIKE IT, LOLOL!


August Open Positions:

BtO, 480 Aug45 puts at 1.90
BtO, 480 Aug46 puts at 2.50
BtO, 480 Aug46 puts at 1.32
BtO, 480 Aug46 puts at 1.00
BtO, 1920 Aug46 puts at 1.05

BtO, 480 Aug47 calls at 0.63
BtO, 960 Aug46 calls at 1.00

Total gains for the AuglOE = 16.20 against 40 contracts

29Jul10, posts as 4.80 against 40 contracts
BtO, 960 Aug46 calls at 1.08, StC at 1.18, .10 gain

26Jul10, posts as 1.80 against 40 contracts
StO, 480 Aug47 puts at 1.64, BtC at 1.49, .15 gain

22Jul10, posts as 6.00 against 40 contracts
BtO, 480 Aug45 calls at 1.14, StC at 1.64, .50 gain

20Jul10, posts as 3.60 against 40 contracts
BtO, 480 Aug45 calls at 0.80, StC at 1.10, .30 gain