selling weekly calls here since this is overdone. I am bullish on IWM long term.
SPY seems to be in consolidation. I think we reached a short term top. selling calls generates profit by drop in SPY and/or time decay. will close position at 50% profit or roll into next week.
bullish option activity since wednesday on the weekly and september contracts. I'm in weekly call spreads, plans to add more on dips.
looks like a short term (double) bottom in. also bullish option activity for past week.