Replies to post #240197 on SPDR S&P 500 (SPY)

[GuTA]

I get a weird feeling this market may get tight range flat next few sessions. VIX will come down, but stocks will remain sloshing in the 246/247 range...pretty sure we've seen the weeks highs a lows.

Still holding 9/13 247p. Sold the 9/22 241p yesterday from a Friday purchase. Going to look to add 9/15 puts on strength on Friday.

Triple witching next Friday...

[NetNeutral]

SPY remains in BTD mode and looks ready to close the GAP at 247.81 today with a possible GAP above yesterday's high this morning??

We'll use said Gap closure action to exit our 247.00 calls and we'll wait for the ATHigh being tested to exit our 248.00 calls??


Good trades ALL...


9/8

247.00 calls at 0.85, Long,
248.00 calls at 0.35, Long,


9/13

248.50 puts at 2.05, Short,