Matt - What are the

    SPY systems early notification

    Posted by mitchell on 1st of Oct 2021 at 01:17 pm

    Matt - What are the exit conditions for QE BTS? Does that sub trigger at close or following day open?  Want to keep an eye out - hesitant to hold options over this weekend.  Thanks. 

    this one exits on next

    Posted by matt on 1st of Oct 2021 at 01:39 pm

    this one exits on next day's open vs at the close. However when it does decide to exit I'll probably split the difference and exit 1/2 at the close of the day where it's decided to exit, then the other 1/2 on the next morning. 

    it's not anywhere close to exiting

    mitchell - I replied to

    Posted by matt on 1st of Oct 2021 at 01:52 pm

    mitchell - I replied to your question below, but I also wanted to point out why that QE BTS system is no where close to exiting. Just from a simple standpoint look how far SPY is  still below its 9 day EMA even after this bounce today.  The market has had a nice bounce today so far but even still it's barely made a dent on the reverting back to the mean, that system is no where close to exiting

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