Quote:
Originally Posted by ajlaxmn
Based on 4125 open.
SPX bottom 4100, Top 4175 (Resistance 4150, C O/I 9k)(break above 4200), Key Level 4130
SPY 412.4 - .7 Puts, above 415
SPY 410.5 - .75 Calls
|
Blew past 4130, were I papertrading I would be in 4125 calls immediately with the expectation of hitting 4150 as resistance. Would also consider grabbing 4150 puts if other indicators showed that was a good setup. Would probably get 4160 Puts if I were to do so, to give myself some room.
Update: Watching SPX as it might be rejecting yesterdays close.
Update: blew past yesterday close, would still hold and wait for 4150.