GIFTEC

SPY WEEKLY OPTION STRADDLE FOR NO REASON

GIFTEC Updated   
AMEX:SPY   SPDR S&P 500 ETF TRUST
APR 4 SPY WEEKLY OPTION STRADDLE
Here's a straddle for no particular
reason other than we are between
support and resistance
and one might not hold
206 and 207

APRIL 4 SPY STRADDLE
SPY APR 8 208 C @ $.33
SPY APR 8 203.50 P @ $.30
Equal amounts invested in each
TOTAL COST .$.63

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topandbottomtradesignals.net
Trade active:
50% PROFIT SO FAR ON SPY-0.68% STRADDLE

SPY-0.68% APR 8 203.50 P @ $ 30
PUT HIGH OF THE DAY &.88
CALL PORTION OPENED AT $.09
for a total high price of the day $.97
so far for the straddle
FOR A 50% PROFIT SO FAR

APRIL 4 STRADDLE
SPY-0.68% APR 8 208 C @ $ 33
SPY-0.68% APR 8 203.50 P @ $ 30
Trade closed: stop reached:
The early results are the best so far and unless SPY can drop below 204 it looks like "That's all she wrote."
This looks like a bottom for SPY as we have a propitiatory BOTTOM signal.
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