Replies to post #245022 on SPDR S&P 500 (SPY)

[risk on]

Yesterday’s doji w gap down could be the inflection point that begets the 259+ gap fill within the next couple days , and then we see how it handles the double top, because Spy is sitting on a pivot candle on the weekly (?)

Hmmmm

[risk on]

You thinking the gap begets continuation ? I’m not sold on Spy going back to protocol S-O-Procedure, therefore may unload the riskiest calls; 259 for 11/24 at open , and then hold the rest.

Because I say I’m not sold on Spy going back to protocol, but when am I ever ? And spy has proved that thinking very detrimental to trade account balances, but that weekly candle from last week is definitely sticking in my crawl.

[NetNeutral]

255 calls filled at 2.63, 0.58 gain!

Order to ACT 256 calls at 2.25??

[NetNeutral]

SPY playing us ALL for Fools and we LIKE IT, LOL...

We had a Good week and could easily stay in CASH and take a Long weekend, NOT!!

Yesterday was a Big Up day after a Sell Signal was generated and this portends a high probability of a reversal of meaning??

That said, the COTrend signal was NOT confirmed so we r making this play entirely on the Sell Signal confirmation triggered Wednesday!!??

Today we'll attempt to buy both 11/17 258.00 puts and 11/22 259.00 puts??

BTO, 248.00 11/17 puts at 0.15?
BTO, 249.00 11/22 puts at 0.80?

We expect price action today to play between 257.56/258.85??

Good trades ALL...


Closed Positions: 5.53 Gain

11/17

255.00 calls at 2.05, Long, Sold at 2.55, 0.50 gain
256.00 calls at 2.22, Long, Sold at 2.25, 0.03 gain


11/17
255.00 calls at 2.24, Long, Sold at 2.31, 0.07 gain
255.00 calls at 2.22, Long, Sold at 2.32, 0.10 gain


259.00 puts at 1.95, Short, Sold at 2.10, 0.15 gain

11/15
256.00 calls at 0.65, Long, Sold at 0.81, 0.16 gain
257.00 calls at 0.18, Long, (Double), Expired at 0.00, -0.36 loss

255.00 putts at 0.25, Short, Expired at 0.00, -0.25 loss
255.50 putts at 0.20, Short, Expired at 0.00, -0.20 loss
256.00 putts at 0.25, Short, Sold at 0.75, 0.50 gain
256.50 putts at 0.72, Short, Sold at 0.25, -0.47 loss
257.00 putts at 0.34, Short, Sold at 0.84, 0.80 gain
257.00 putts at 1.10, Short, Sold at 0.70, -0.40 loss
257.50 putts at 0.48, Short, Sold at 1.00, 0.52 gain
259.00 putts at 1.93, Short, Sold at 2.85, 0.92 gain



11/17

255.00 calls at 2.87, Long, Sold at 3.00, 0.13 gain

260.00 putts at 2.55, Short, Sold at 3.35, 0.80 gain

11/15

257.00 calls at 0.90, Long, Sold at 1.00, 0.10 gain
257.00 calls at 1.04, Long, Sold at 1.06, 0.02 gain
258.00 calls at 0.22, Long, Sold at 0.34, 0.12 gain

257.00 putts at 0.44, Short, (Double), Sold at 0.94, 1.00 gain (Double)
257.00 putts at 0.33, Short, (Double), Sold at 0.53, 0.40 gain (Double)
257.50 putts at 0.65, Short, Sold at 0.75, 0.10 gain
259.00 putts at 1.10, Short, Sold at 1.70, 0.60 gain
259.00 putts at 1.50, Short, Sold at 2.00, 0.50 gain