SPY Update
Sold my 5/1 275P which went ITM today foo 99.00/CT from average of $5.16.
As we mentioned before, this looks like it might head down to $262 level again. However, with the recent injections of cash from the government and JPOW's printer going BRRRRRR.. we don't really know if this will continue the trend. As such, we're playing this carefully and locking up profits when we can.
Looking for signs of momentum shift this week.
As we mentioned before, this looks like it might head down to $262 level again. However, with the recent injections of cash from the government and JPOW's printer going BRRRRRR.. we don't really know if this will continue the trend. As such, we're playing this carefully and locking up profits when we can.
Looking for signs of momentum shift this week.
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