Replies to post #19247 on Cycle Trading

[Duma]

It looks like they did a really good job of pinning the strike last week. SPY closed at 279.68 and most of the open interest was at 280 and above. The peak was 281.

Foot's game plan of buying the low of Thur or Fri prior to OEW didn't pan out very good either.

So even though last week was a bust, the first two weeks had already made the month.

 
 1st wk  1.45%  2.31% 
 2nd wk  1.49%  2.28% 
 3rd wk  .03%   -.35% 
 mtd     3.10%  4.28%