SINCE I TOOK MARCH PUTS PROFITS AT $380 ON MARCH 13TH I SAID I WOULD WAIT FOR SPY $405-$410 BOUNCE AND OPEN A JUNE PUTS POSITION. I SAID SPY WAS IN A TRADING RANGE AND TO TRADE THE SWINGS.
I EXPECT THE $405 GAP TO BE CLOSED BY THE END OF NEXT WEEK, WE WILL SEE.
THERE IS NOTHING SPECTACULAR ABOUT SPY'S CURRENT TRADING RANGE. IF SPY TESTS THE MARCH LOW NEXT MONTH THAT'S GOOD ENOUGH FOR ME!!!!!!!!
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