Replies to post #217383 on SPDR S&P 500 (SPY)

[NetNeutral]

SPY still in a Wedgie and break-out Up or Sown is unclear for this week, hence, we'll use a violation of 213.50 to buy 213 10/28 calls to fade our 215 11/2 puts?

Could we see a violation of the weekly low, 212.93, sure, but that will get us exiting our 11/2 215 puts and Holding dem 213 calls into Friday??

Good trades ALL...

[NetNeutral]

Sold dem 11/2 puts at 2.30, 0.40 gain, we'll reload on a breach of 214.50?