Reallifetrading

SPY bull put spread

Panjang
AMEX:SPY   SPDR S&P 500 ETF TRUST
Derrick W was asking about an iron condor. There is REALLY good premium in a condor for May (especially the 241/242 May call side) which has be believe that this is the bottom of the wave rotation and SPY bounces higher as of today and makes new ATH in May. Could be wrong, but that's what the option prem says to me. So, I'll go WITH the trend for right now, until we can get some more bear volume.

OR, just go further out with less time. May wk 1 243/244 bcs to complete this condor.

Thanks for helping us Enrich Lives!
Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.