biasedsenpai

QUICK Update on my SPY Position

Long
AMEX:SPY   SPDR S&P 500 ETF TRUST
So far it looks like it's hugging my lines nicely. I do want to point out that the second dip to 384-387 MAY not happen and 1) we just go up from here, or 2) consolidate a bit at this level then go up from here.

I entered SPY September calls yesterday at 385.18 and SPY October calls right at 383.2. I'll swing these to 400. Today I entered TSLA September and October calls at 718 and 712, respectively. All of those are up nicely and I'll just let them continue to go to work. My TSLA calls are entirely a gamble for earnings so I have very low expectations for that. Let's see how that plays out.

I will take off for the rest of the week since it looks like we're pretty much set here. I will update if anything out of the ordinary happens. Have a great rest of the week!
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