SPY WEEKLY OPTION 205.50 RESISTANCE Will resistance hold?
SPY Weekly Option Trade SPY April 15 206 P @ $1.50
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.
205.50 resistance didn't hold and 206 was the next natural target level. Now SPY is at 206 With continued momentum 207 is reachable.
The SPY April 15 C is now $1.80
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.
Hit 207 From support at 204 to resistance at 207 SPY 205 C range $.64 to $2.50 + Nice 2 day rally.
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.