DECENDING WEDGE ON $SPY

9. Apr.

SPY nicely forming descending wedge. May be a nice entry today for puts due to crazy drops happening the last couple days. It could also breakout to the other side so doing small risk here.

9. Apr.

Trade ist aktiv

Buy activated $510 P exp 4/12

9. Apr.

Kommentar

Just noticed that FOMC Minutes happening tomorrow. This might throw a monkey wrench for my puts which increases this to high risk.

9. Apr.

Kommentar

May even end up selling today if it blows past support and supply levels in the last moments of the day.

10. Apr.

Trade geschlossen: Ziel wurde erreicht

Beautiful dump to below supply. Was up almost 100% on my contract so I closed out. Gonna sit back and watch for any oppurtunity for FOMC minutes.