Posted by Orangeman on 21st of Feb 2020 at 05:04 pm
2nd that request to monitor the unofficial trend/pullback trade
if possible.
I got in just as SPY triggered out of that wedge. $310
calls for May - I realize I paid a premium, but bought some extra
wiggle room (extrinsic value) given the recent backdrop
Would you please keep us
SPY Systems possible trade today - read details
Posted by te22 on 21st of Feb 2020 at 04:13 pm
Would you please keep us updated on the unofficial Trend/Pullback for this trade? It would be greatly appreciated.
2nd that request to monitor
Posted by Orangeman on 21st of Feb 2020 at 05:04 pm
2nd that request to monitor the unofficial trend/pullback trade if possible.
I got in just as SPY triggered out of that wedge. $310 calls for May - I realize I paid a premium, but bought some extra wiggle room (extrinsic value) given the recent backdrop
I think a good call.
Posted by ssaffer on 21st of Feb 2020 at 05:09 pm
I think a good call. For people that want to mitigate risk can do a Vertical call spread. BOTM call and sell a call OTM.