SPY 📊
SPY Options Range: $572 to $574.73
📜 $574 CALL 10/18
Entry: 15-30 min CLOSE ABOVE $574.73
Target: $578
📜 $574 PUT 10/18
Entry: Rejection and 15-30 min CLOSE BELOW $574.73
Target: $572, Trend support (Currently at $571)
A rare occurrence of a green September. We expect extremely high volatility over the next 4-6 weeks, especially considering the election and the polarizing nature of the candidates. We could see heavy volatility within the semiconductor space. A 10-15% pullback in semiconductors would also bring down the major indices as they are a heavy component. We have seen how fragile this market is (8/5/24).
Last week, our call went for 60%+. This week, let's see.
I trade live on Discord - discord.gg/pennybois
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.
I trade live on Discord - discord.gg/pennybois
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.