Those of us who buy SPY spreads need to be careful where we select our puts spread. Have to observe if SPY doesn't break trend below 394. I am looking at Expiry on May21.
Usually within 2days a range of 12 plus points are usually pretty safe.
Please Note: The analysis is based on my own views and it should not be treated as financial advice.
Please feel free...
Doge took support at 43C. Need to break 48cents resistance for bullish momentum. It can then go up as high as 53-54cents at 50 retracement or 57-58cents at 61.8 retracement level.
