Strong Bearish Trend on SPY for Now, Back to $375?
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Ya boy just got approved for same day expiration options. Debating if I only want to play when SPY touches my yellow trend lines. Playing in the middle is no man's land.
Sold 393/394c 3/3
debating on selling the 390/391c 3/5, will check back on Thursday.
I ain't no gay bear tho, $375 would be the perfect time to get in before SPY breaks $400 in the summer. Corrections happen all the time and are very healthy, we haven't seen shit compared to last June, September, and October.
I thought the $370 dip was kinda scary, but look where we are now. If SPY drops below $375, then I'll reconsider my sexuality.
edit: for anyone looking at my charts, I use a vertical monitor for all my charting. I noticed how dogshit my charts looked when I switched tabs to my horizontal monitor.
Sold 393/394c 3/3
debating on selling the 390/391c 3/5, will check back on Thursday.
I ain't no gay bear tho, $375 would be the perfect time to get in before SPY breaks $400 in the summer. Corrections happen all the time and are very healthy, we haven't seen shit compared to last June, September, and October.
I thought the $370 dip was kinda scary, but look where we are now. If SPY drops below $375, then I'll reconsider my sexuality.
edit: for anyone looking at my charts, I use a vertical monitor for all my charting. I noticed how dogshit my charts looked when I switched tabs to my horizontal monitor.
Anmerkung
This reeks of bear shit
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