May credit spreads expired. Good R/R on August options (for a credit spread)...close to 1/1. My break even is at SPY=$210.20.
While my hypothesis has been evolving, I still see SPY as volatile. The August options provide some flexibility to adjust if prices go up to $208-212 range and continue to profit if SPY stay in current range.
1W:
1M:
While my hypothesis has been evolving, I still see SPY as volatile. The August options provide some flexibility to adjust if prices go up to $208-212 range and continue to profit if SPY stay in current range.
1W:
1M:
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Disclaimer
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.