Replies to post #387047 on SPDR S&P 500 (SPY)

[TechniTrend]

sort of buy and hold?

[Chartmaster]

SPY high was 565.16, minus the recent low of 510.27 equals 54.89, add to the 565.16 high equals 620.05 projection, possibly by year end imo

[TechniTrend]

See? we prefer to buy calls when the algo is hunting shorts and buy puts when the algo is hunting longs.

It seems a more logical and profitable system.