SPY Options | Chart Reads | Pivot Points
SPY | The +5% January 2018 in Images
265.77 : DECEMBER 29, 2017 Lows 266.62 : JANUARY 2, 2018 4AM Lows 286.98 : JANUARY 26. 2018 AH Highs 280.68 : JANUARY 31, 2018 Lows 281.90: JANUARY 31, 2018 Close
$SPY : FBI Plays “Trump Card” With 7 Days Left
We are just over a week away from the Brewster's Millions election whereby "None of the Above" would appear to have a chance at winning next week Tuesday. It's a totally rigged system, based solely on the Electoral College results, but when the FBI chose midway through Friday as a very odd time to release that they are looking into Clinton's deleted emails, we missed the bottom I was looking for this week (211.62) by less than a dime (0.09). [...]
#MakeMoney: The SPY Move You Can Set Your Watch To
Every trading session we point out 9:50 or 10 AM into the chat room to remind everyone that you should wash your hands after you pee; chew with your mouth closed; turn on your right signal indicator when your making a left turn. Essentially, it's a reminder of the obvious, predictable, dependable moment which occurs each and every trading session that, 9 times out of 10, will workout in your favor - just ask Donny. Back in February, I covered [...]
#OnWatch: September 21, 2016 | FOMC Decision 2PM
BoJ chose to keep interest rates unchanged without any further cuts while purchasing more ETFs in order to attempt stabilization of the ¥en. Asian markets reacted slightly positive (+300) from the choice which leaves the door open for Janet Yellen to come out today with a rate hike shocker (Consensus gives less than 20% chance of it happening today). Yesterday: #OnWatch Chat Logs Chat Logs (Options) Top Traded OTC Stocks High Volume Options (Stocks & ETFs) Stocks ELTZ 0.0159 Brand [...]
#OnWatch: September 16, 2016 | Quadruple Witching
AAPL is having it's best week in more than 5 years and the last three days trading it have been absolutely insane. Holding from Tuesday would have landed anyone in any CALLS options over 3,000% with some over 5,000% Today is the 3rd Friday of September which means the last hour of today's trading session is what is known as the "Quadruple Witching Hour". What it means is that from 3:00-4:00 P.M the market should be all over the place since its [...]
Donald Clinton v. Hillary Trump: SPY CALLS v. SPY PUTS
So it's Labor Day weekend; The summer is officially over; College Football has started; Baseball is ending; We didn't get SPY 220 (yet); and Donald's Wall and Hillary's EpiPen are leading topics into what's just 2 months away: ELECTION 2016 Rather than getting into how votes matter as much as thicker napkins on buffalo wing night since the U.S. has the Electoral College, I took some time to look back in order to look forward and we might have just [...]
#Options Cheat Sheet: August 26, 2016
Heidi Murkoff and Sharon Mazel made about a Billion dollars by publishing the book What To Expect When You're Expecting. Well, options traders make way more than a Billion dollars collectively when they Know What To Expect When Expecting. We have Janet doing the Interest Rate dog and pony show today, supposedly at 10AM EST which is the same time Michigan Consumer Sentiment numbers are due out. What she says (or doesn't say) is what the markets are waiting for and [...]
#Options Watch: $SPY July 25 – 29
Heading into the last week of July, this 18.72 run on SPY has become a bit absurd. Volume has been extremely weak after trillions worth of valuation losses less than a month ago and the biggest advertised scare tactic to get out of the market has allowed for the algorithms to take the balloon ride high enough already. There is no argument that market has been strong post Brexit (+12.7) and post the July 8th jobs number (+7). The yellow [...]
$SPY ATH 217.15: Retrace or Replace?
After last week Friday's over inflated JOBS report which actually reported an increase in the unemployment rate of .2% to 4.9%, this week's chain of reactions were taken to a whole new level - literally. Monday's classic 10AM reversal took SPY to a new All Time High (ATH) of 214.07 at 12:47PM and then slowly tapered off before selling down the last hour of trading to close at 213.42. Some promise arose when a 212.44 print showed shortly after the [...]
#Options Traders: July 6 SPY 209.67
Stop Losses Save Accounts Trailing Stop Losses Save Profits Greed Is Good IF AND ONLY IF You're Gordon Gecko With yesterday's expected gap down and ALL overnight SPY PUTS holders opening the session GREEN +, and seeing a further GREEN move into the 10:30AM LOD, being bagged based on projected price targets for later in the week is not an excuse. The $2.60 upward move on SPY from the 10:30AM 207.06 LOD (.14 lower than my 207.2 expectation before Friday [...]
