GIFTEC

60% PROFIT SPY DAY TRADING OPPORTUNITY TODAY

AMEX:SPY   SPDR S&P 500 ETF
3 months ago
TODAY'S SPY             DAY TRADING OPPORTUNITY USING WEEKLY OPTIONS WAS
TO RE-ENTER THE SPY             219 PUT AND WAS CLOSED FOR A 60% PROFIT

WE PREVIOUSLY FOLLOWED THE SPY             218 CALL THE DIDN'T WORK AND WAS STOPPED OUT
WITH A TRAILING STOP.

WE ARE NOW FOLLOWING THE SPY             217 CALL BOUGHT AT $.85
3 months ago
Trade active: SPY RALLIED INTO THE CLOSE
THE SPY 217 CALL OPTION THAT WE PURCHASED FOR $.85 INCREASED TO CLOSED AT $1.16
WHICH REPRESENTS A 36% INCREASE

PROFITS COULD HAVE BEEN TAKEN AT THE END OF THE DAY BUT
SEEING WE DON'T HAVE A TOP SIGNAL YET WE DECIDED TO HOLD OVERNIGHT
3 months ago
Trade closed: stop reached: CLOSED NEAR THE HIGH OF THE DAY
WITH A TRAILING STOP AT $1.20 FOR A 40% PROFIT

NEW POSITION OPENED
SPY 217 PUT BOUGHT AT $.95
3 months ago
Comment: SPY 217 PUT CLOSED AT $1,25 WITH TRAILING STOP FOR A 30% PROFIT

NOW FOLLOWING SPY 217 CALL BOUGHT AT $.70
3 months ago
Comment: SPY 217 CALL CLOSED AT $1.00 WITH A TRAILING STOP
FOR ANOTHER 40% PROFIT

THAT'S A 110% PROFIT FOR THE DAY
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