Hello everyone and I trust you are having a good Friday ahead of the long 4th of July weekend.

Quick update on the SPY systems, as you know this week on Tuesday one of the SPY sub systems went long, the Breakout sub system, the one sub system out of the 22 sub systems that is not reversion to mean. 

Anyway very nice trade so far. The SPY call options we bought on Tuesday are up close to 20% now. The trade is not looking to exit, however if you bought more than one of the SPY call options such as 2, 5, 10 of them etc you have the 'option' pun intended, to sell a 1 or a couple of them for very nice gains! Again that's up to you, the system is remaining long but if you felt like taking something off the table up there you have a price profit.  

The two attached images show the SPY systems trades going back just over a year and the current open Breakout Trade, and the chart showing all the systems (the breakout trade is indicated on the upper left image)

enjoy the rest of your afternoon and long weekend!

Matt