Replies to post #271486 on SPDR S&P 500 (SPY)

[ArchiH]

I agree with you P71, and I'm 90% 11/23 calls for AMZN (1700 C's), AAPL (200 C's), NFLX (315 C's), SPY (275 and 280 C's) and GE (8C's)...yes, GE!

As usual, I have SPY P's to hedge and added at the close after trading SPY 11/16 275 P's 7 times today for over $1k per time...so, P's have been good to me!

A good day, but I'm still heavily down for the past two weeks. Da Boys have been playin' me...

[USDollar]

above 274 it's a short

and 276? absolutely

in fact this POS can actually gap down (or up) and run to 276 in a jiffy, just like it did today to hod, then puts and count the money

the only way to get me worry as put holder (I don't have) is for POS to open at or above 276 and close much higher than the open
then I would kick all the puts

you have to admit (if you are a trader that is) that today's market is beautiful

lots of opps

let's recap, if opens well bellow 276 and reach 276 intraday not at the close then it's a endowed short

at least it will be for me