Continuous 11 Green days for the SPY has placed spy in a Very Extended territory and it is looks ready to let out some steam.
Stochastics are crossing over. We also have a gap to fill down and retest 20 day SMA.
SPY Targets 1-2 weeks out $400.70 Consider $405 Puts April 19th
Unusual options activity spotted. Big puts order flow after market close. About 6M approx. 10,000 contracts @ 5.75 above OI 7,240 June 18th $391 strikes.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.