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NetNeutral

08/24/17 8:55 PM

#239413 RE: NetNeutral #239326

Staying with our target of 240.57 and an extension down to 239.12??

SPY is playing along the lower boundary of a wedgie, 242.64 being the support and 245.83 being the resistance, a violation of wther is likely to trigger a big move and tag some lines ofmeaning??

We go into Friday net neutral and have spy trapped between 243.00 and 245.00! We prefer a break below 243.00 (242.64 to be exact), but have No Freakin idea of what da-Boyz r planning for Friday and the last few days of the Month??

August Opened at 247.45 and needs to get above to post a green candle?

Good trades ALL...



8/25

243.00 calls at 1.95, Long,

245.00 puts at 0.95, Short,



8/23
240.00 calls at 2.45, Long, Sold at 4.45, 2.00 gain

240.00 putts at 0.40, Short, Expired at 0.00, -0.40 loss
248.00 putts at 2.05, Short, Sold at 3.55, 1.50 gain
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NetNeutral

09/04/17 7:59 PM

#240114 RE: NetNeutral #239326

SPY triggered a Buy Signal on 8/30, confirmed on 8/31, and signaled a COTrend with the Close of 247.84 on Friday! COTrend line moved to 244.83 as of the close o Friday.

We're now in Buy the Dips mode and will use weakness to add 247.50 9/8 calls??

We do NOT expect SPY to violate 246.60 this week but we do expect SPY to breach the ATHigh of 248.91 this week??

Hope everyone enjoyed their Labor Day Weekend!!

Good trades ALL...