SPDR S&P 500 ETF Trust
Updated

SPY WEEKLY OPTIONS TOP AT 207?

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SPY TOP at 207?
SPY overbought at resistance?
SPY April 15 207 P @ $.85

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topandbottomtradesignals.net
Note
SPY ran up to 208
SPY April 15 207 P is now at @ $.38

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.

topandbottomtradesignals.net
Note
I had 208 as a price target for SPY in one of my other posts.
I should have followed my own advice a bit more closely on that one.
Note
Friday can be a down day after an up week so I think 208 should be resistance
heading toward the weekend.
I will stick with the short position for tomorrow and Friday.

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