$SPY Weekly Options | Bull or Bear? We got both covered!
SPY We are seeing a clear technical pullback, but nothing trend breaking. 21EMA on the weekly is our guide. We are watching $550 as our pivot this week for our options contracts. For these contracts, we will be using the 15 or 30 minute chart and candle closes for confirmation.
$555 Call 9/27
Entry: 30 minute close OVER $550
Targets: $555, $559.58
Stop-loss: 15 or 30 minute close UNDER $550
$545 PUT 9/27
Entry: Break above $550, 30 minute close UNDER
Targets: $545, $540
Stop-loss: 15 or 30 minute close OVER $550
Note
$555 Calls absolutely RIPPED today!
Moved mountains, in minutes on the breakout.
Congrats to all those that took the trade idea!
Note
$555 Calls up over 300% since livestream mention. 
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.