$SPY Ranging

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Please hold while we rotate our positions before screwing you over.
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Picked up some puts 2/26 Feb 287 @ 0.87
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Out for 4.19 lol. Into calls
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In 2/26 SPY 387 calls @ 0.92 avg
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Added 2/26 387 SPY for 0.41 avg
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De-risked half SPY calls @ 0.41
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Avg to 0.14. Damage/risk control playbook
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Out for a 15% loss. Looks like the Dealer de-risked a lot in the draw down and GEX moved down. We’ll be moving back to stonks before touching spy options, waiting for any 1M+ expiration to play GEX and OI
Beyond Technical AnalysisSPDR S&P 500 ETF (SPY)

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