Is taking another entry on

    Posted by brentfreeland2 on 13th of Jan 2022 at 10:58 am

    Is taking another entry on the SPY option trade a good play here or just stay out?

    some people like to buy

    Posted by retirefire on 13th of Jan 2022 at 11:18 am

    some people like to buy low and sell high. Some buy high and sell higher. I've done both.  Best advice I got was buy when others cry. 

    lol I like it !

    Posted by fredsaid on 13th of Jan 2022 at 11:21 am

    lol I like it !

      

    Posted by rfa300 on 13th of Jan 2022 at 11:21 am

      

    I'm playing an a-b-c move

    Posted by fredsaid on 13th of Jan 2022 at 11:09 am

    I'm playing an a-b-c move and am currently short the SnP via put spreads for next week.  Also holding 1 in the money Mar long call.  Personally I'd like to see the SnP get down to at least 4675 or it's 50 DMA on the daily before exiting my puts and adding to the long.

    If we see 2675 call

    Posted by profmel on 13th of Jan 2022 at 11:26 am

    If we see 2675 call the medics!:)

    Ha - Sorry i meant

    Posted by fredsaid on 13th of Jan 2022 at 12:23 pm

    Ha - Sorry i meant 4675 and looks like we're well on our way now.

    thanks

    Posted by brentfreeland2 on 13th of Jan 2022 at 11:16 am

    thanks


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