TazmanianTrader

$SPY $470 Target by 3/1 💭 $483 by Friday 2/8 $470 by 3/1 $460?

Short
BATS:SPY   SPDR S&P 500 ETF TRUST

Essentially it might be extremely dangerous trying to swing weeklies but it could very well be beneficial to swing Monday $490 Puts. Depending on SPY price by Wednesday, they could pay large amounts as I see the move happening in just 2-3 days, somewhere between Tuesday 2/6 and Monday 2/12, expect $478.

This image here is from the March 23' BTFP run into the end of July 23'.
Resemblance should not be ignored.

Comment:
Trading view changed the way some of the chart looks unfortunately so I hope you still pick up what I put down.

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