SPYLLY previosly i mentioned a lotto pick for PUTS on LLY. Upon studying the charts, I am retracting that view. I think lotto calls right now at this moment is a better bet. And this mama is a mover. So they wont be able to theta decay on this.
SPY weekly SMA showing weakness implying a reversal. Was hoping for more upside on SPY on Friday, but markets are nearly out of gas. WMT, LLY, and META hit their upside targets, so have puts that have printed nicely so far. I think we are down for the next few weeks. VIX weekly SMA is also reversing to the upside revealing more risk for broader market downside
LLY Looks like the same story every day. A lot of premarket buying that gets dumped throughout the day. Just let the trend ride and buy the dip, folks.
I just posted on LLY that I believe some of you will enjoy. I've made more money on LLY this year, than any other stock and I think we see a return to 747 and even 609 in the coming months.