DECENDING WEDGE ON $SPY

9 de abr.

SPY nicely forming descending wedge. May be a nice entry today for puts due to crazy drops happening the last couple days. It could also breakout to the other side so doing small risk here.

9 de abr.

Trade ativo

Buy activated $510 P exp 4/12

9 de abr.

Comentário

Just noticed that FOMC Minutes happening tomorrow. This might throw a monkey wrench for my puts which increases this to high risk.

9 de abr.

Comentário

May even end up selling today if it blows past support and supply levels in the last moments of the day.

10 de abr.

Trade fechado: objetivo atingido

Beautiful dump to below supply. Was up almost 100% on my contract so I closed out. Gonna sit back and watch for any oppurtunity for FOMC minutes.