$SPY: Our premium trading strategy is buying calls when $SPY gets oversold and holding to the overbought and bearish level with my HolyGrail indicators.
We took swing calls yesterday from $511 level with $518 target before the expiration 3/22. It already more than doubled.85 to $2.20.
$SPY will continue to be choppy till $518-$520 hits.
There is no probability of getting $514-$513 today before $518 on $516.60 breakout.