Currently on 8 hour chart, it is way oversold measured by RSI and CCI. I went long at 159.847, target is $162
Looks like the market find the short term bottom, IMO. Bought Oct. 1st $9.5/$10.5 call vertical for $0.67. All I need is $YINN close above $10.5 by Friday expiration to realize $0.33 profit, about 50%.My break even is $10.17.
Expires tomorrow. Bought $107.5 call for $0.08. $IYR can move $0.5--$1 in a day.
Relatively speaking, $SPX is till kind of weak, but I'm slightly bullish towards the end of Thursday. I sold Sept. 15th $4435/$4440 put vertical for $1.1 credit.
On 15 min chart, $11.29 is the level to break, once we clear that, it will go quick.