GIFTEC

SPY WEEKLY OPTION 205.50 RESISTANCE

AMEX:SPY   SPDR S&P 500 ETF
SPY             WEEKLY OPTION 205.50 RESISTANCE
Will resistance hold?

SPY             Weekly Option Trade
SPY             April 15 206 P @ $1.50

RISK DISCLAIMER
Options involve risks and are not suitable for everyone. Option trading can be speculative in nature and carry substantial risk of loss. Only invest with risk capital.

http://topandbottomtradesignals.net
Comment: 205.50 resistance didn't hold and 206 was the next natural target level.
Now SPY is at 206
With continued momentum 207 is reachable.

The SPY April 15 C is now $1.80

RISK DISCLAIMER
Options involve risks and are not suitable for everyone. Option trading can be speculative in nature and carry substantial risk of loss. Only invest with risk capital.

http://topandbottomtradesignals.net
Comment: That should be SPY April 15 205 C is now at $1.80
Comment: Hit 207
From support at 204
to resistance at 207
SPY 205 C range
$.64 to $2.50 +
Nice 2 day rally.

RISK DISCLAIMER
Options involve risks and are not suitable for everyone. Option trading can be speculative in nature and carry substantial risk of loss. Only invest with risk capital.

http://topandbottomtradesignals.net
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