SPY Weakness…$3,490.00 and 7.4%

Screen Shot 2020-01-28 at 6.48.14 AM

Friday’s close on the daily chart indicated to get short the SPY (Conditional Change 329.27). I had rolled the Calendar trade I was doing earlier that morning and then closed it so I was hit with dat trading rules. I am conducting an experiment to take a small account of $3,250.00 and see how much we can pull in a year. So far the account has increased $240.00 which is a 7.4% increase.

Current Trade:

Feb 18 2020 328 Call 1 Contract Sell $5.08

Feb 18 2020 328 Put 1 Contract Buy $3.89

Feb 18 2020 337 Call 1 Contract Buy $.31

2 thoughts on “SPY Weakness…$3,490.00 and 7.4%

Comments are closed.