FYI the SPY breakout system is still long, however I'm electing to close out the option trade. We bought the SPY 398 calls for June at a price of $16.3, and they are trading for $25.9 so heck of a gain.
SPY options trade until 4:15 EST so you have another 12 min if you wish to exit these
I'm staying long the SPY ETF shares however
Matt