SPDR S&P 500 ETF TRUST
Viés de alta

Potential reversal trade next week

564
This week was a brutal week for traders if you did not hedge your longs.
SPY is closing the oct 14th 2021 GAP during afterhours as I am typing this up.
I expect price to bounce around 436.74 and head up from there.

For this trade :
-Buy calls when price breaks and closes above 447.87
-Sell some at PT 1
-Sell some or ALL at PT 2
-Remember this might be a dead cat bounce so be careful when holding past PT 2
-Let the rest ride and sell when you see signs of reversing

I am holding Long SPY options

Aviso legal

As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.