Replies to post #196359 on SPDR S&P 500 (SPY)

[imiloa]

fwiw, i was eyeing SPY apr29 207 puts @ 0.75 this morning.
but got burned trying that scalp last week
so decided to just wait and see.

the 207p bid is 1.06 now
and VXX just had a strong green candle.

could be a sad day for SPY.
but i'm guessing the bulls aren't done yet.

if we tank hard today, but find some solid support by EOD,
i might get some weekly calls for the potential bounce.