After Friday's strong session, SPY
has broken above its triangle which suggests a continuation higher towards $286 high's from early Feb. This rally has been on relatively low volume
so caution is necessary. Today's Doji
candle is concerning but weekly charts look strong. Use options to take bullish
bets in this type of markets where options are cheap and you can limit your risk with Call Debit Spreads. Example: SPY
April 20 278/289 Call Vertical @ $386. See this trade here: https://app.optionsplay.com/#share/5aa70e5ea7c97409442ddb57
What's your next OptionsPlay?