Definetely took some risk on early wednesday with some high theta 7/15 SPY puts before close. Purchased just out of the money at 298. They sunk.20 cents+ into close and with the holiday Thursday, I really thought it was 50/50 at best whether or not I was going to get pummeled at open Friday. It was a risk I was willing to take. While the dip didn't last, it was...
Small correction until End of Month. Breakout from Regression trend. Could see bullish through Februrary before possible correction in Q2. I like Iron Condor at 272-275 Strike with 30 Days and Strangle Options at 277 strike end of Q1 from 41 to 60 days out . Always do your DD. This is not professional advice.
