Good Morning.
Another Fed Week which means another great trading opportunity.
I'll be trading the SPY weekly options that will expire Friday.
SPY 133 Puts - I want to Purchase them in the .40s range
My expectations is for the SPY to trade down to 132.3 by Thursday.
While it does, I'll be looking to buy the SPY 133 May Calls at about the $1.40 range. I expect the spy to trade to 138 by next month, which equates to S&P 500 1380 in 3 weeks.
Boldness renders Fortunes.
1 comment:
Entered at .30 on those SPY 133 puts expiring friday.
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