PKSB

SPY gap down open - unsure what to do here

AMEX:SPY   SPDR S&P 500 ETF TRUST

sold puts after market open with gap down

was considering buying more puts to 391 level but unsure about current area

in noise zone so seems risky

probably smarter to wait until it hits 391 support level and buy calls?

lets see how price plays out

not surprised if it just chops within noise zone or even jumps up to fill gap intraday

looking on. 1min
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.