SPY WEEKLY OPTION STRADDLE FOR NO REASON
Updated
APR 4 SPY WEEKLY OPTION STRADDLE
Here's a straddle for no particular
reason other than we are between
support and resistance
and one might not hold
206 and 207
APRIL 4 SPY STRADDLE
SPY APR 8 208 C @ $.33
SPY APR 8 203.50 P @ $.30
Equal amounts invested in each
TOTAL COST .$.63
RISK DISCLAIMER
Options involve risks and are not suitable for everyone. Option trading can be speculative in nature and carry substantial risk of loss. Only invest with risk capital.
topandbottomtradesignals.net
Here's a straddle for no particular
reason other than we are between
support and resistance
and one might not hold
206 and 207
APRIL 4 SPY STRADDLE
SPY APR 8 208 C @ $.33
SPY APR 8 203.50 P @ $.30
Equal amounts invested in each
TOTAL COST .$.63
RISK DISCLAIMER
Options involve risks and are not suitable for everyone. Option trading can be speculative in nature and carry substantial risk of loss. Only invest with risk capital.
topandbottomtradesignals.net
Trade active
50% PROFIT SO FAR ON SPY-0.68% STRADDLE SPY-0.68% APR 8 203.50 P @ $ 30
PUT HIGH OF THE DAY &.88
CALL PORTION OPENED AT $.09
for a total high price of the day $.97
so far for the straddle
FOR A 50% PROFIT SO FAR
APRIL 4 STRADDLE
SPY-0.68% APR 8 208 C @ $ 33
SPY-0.68% APR 8 203.50 P @ $ 30
Trade closed: stop reached
The early results are the best so far and unless SPY can drop below 204 it looks like "That's all she wrote."This looks like a bottom for SPY as we have a propitiatory BOTTOM signal.
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