MICRO Insider Option Plays

[Losingmoney]

It is a spy straddle, Feb. We hope to see violent directional movement in both directions, thus, selling each leg at the appropriate times. And there are a lot of other options too, you can sell calls / puts on the losing leg, etc.

I believe we are going to see a violent move this week, but honestly I don't know which way, I am leaning to the positive, but don't feel extremely confident; that is why I went with a straddle.

I also have a few spy lottos too, and will buy some spy lotto puts if the spy gets over 130.