Replies to post #273523 on SPDR S&P 500 (SPY)

[GuTA]

Agreed... always some wiggle room with time.

I’ve been in some 1/4/19 270s at 2.50 that are in the green. Bought 12/17 265p at a hedge at 1.70 which have been paying.

Feeling pretty good about these.. may scalp some 12/21s on either side of the chance arrises , but this feels like chop until FOMC Monday

[NewYorker567]

When I started doing options I was led to do same day or short exp ones. Too much stress and bigger losses. No more. Not worth it. Cheap is expensive they say.

[GuTA]

5d moving average starting to flatten out on the 60m chart. We could see a close above that 5d with a 60m candle. This should curve the 5d up... all this would be bullish for this afternoon. Looking at some 12/14 266s if the above plays out