$SPY $470 Target by 3/1 💭 $483 by Friday 2/8 $470 by 3/1 $460?
Essentially it might be extremely dangerous trying to swing weeklies but it could very well be beneficial to swing Monday $490 Puts. Depending on SPY price by Wednesday, they could pay large amounts as I see the move happening in just 2-3 days, somewhere between Tuesday 2/6 and Monday 2/12, expect $478.
This image here is from the March 23' BTFP run into the end of July 23'. Resemblance should not be ignored.
Nota
Trading view changed the way some of the chart looks unfortunately so I hope you still pick up what I put down.
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