SPY weekly bull put spread Panjang

SPDR S&P 500 ETF TRUSTArca

Huraian

⋅ 5 Ogs 2015 pukul 17.01

Hourly chart looks like a double bottom. This spread is below the 200 SMA on the daily. I like 208/207 also BUT prem is VERY high... could be a sign.

Komen

Reallifetrading

⋅ 7 Ogs 2015 pukul 13.38

Potential exit on SPY. One could wait for the 200 SMA as well on the daily.. it might get close..

mcarithe

⋅ 5 Ogs 2015 pukul 17.45

Awesome already had a lingering IC with some shorts at 207 expiring this week. Let's hope this analysis holds :)

Reallifetrading

⋅ 5 Ogs 2015 pukul 17.46

Indeed! : )