Replies to post #278825 on SPDR S&P 500 (SPY)

[Commander Pennystock]

Seem less enthusiastic about being neutral than usual in that post!

[NetNeutral]

We made ONLY one trade to 2day at the close, BTO 280 3/13 calls at 0.45(Qx16)!!

We expect Spy to Close at a new Monthly High(above 281.01), on Wednesday, hence, we picked up a boat- load of 3/13 calls!

We also already posted the gain ou our 274 3/15 puts Sold Short as they are covered with our 276.50 3/15 puts, 38.40 gain!

Enjoy the show Wednesday as we think 282.82 will be the High but Farooq might be right with his 284 thingy as the 4cast for 2morow now shows 284.06 as the High of the day??

Good trades ALL...