Replies to post #263603 on SPDR S&P 500 (SPY)

[NetNeutral]

The Perfect Back-Test triggers Shorts to Cover, hence, Up day in waiting with ALL puts under 271 expiring, well, worthless!!??

[RTMidgetman]

Expecting green today, to offset yesterdays waterfalls. Da bois love to flip and flop one way and da udder. You still thinking by June 11ish we plummet to 230s?

[TechniTrend]

Think that today will be important to keep an eye on 270


Good trades

[NetNeutral]

The EOMonth thingy is likely to cause a little up and a little down only to close back in da-middle posting a indecision candle??

Don't think we get any clarity on more up or a resumption of down until Friday??

Maybe 271.85 for a LOD, 274.25 +/- for HOD and a close around 272.50??

We'll use weakness below 272.25 to add 273 6/1 calls and strength above 273.68 to add short plays??


Good trades ALL...


6/8
267 putts at 0.75, Short(Q x 16)


Wk ending 6/1, 96.00 gain

Closed trades:
5/30
272 putts at 0.98, Short(Q x 4), Sold at 2.08, 32.00 gain(Q x 4)
6/1
270 putts at 0.75, Short(Q x 8), Sold at 2.75, 64.00 gain(Q x 8)