Bull & Bear $SPY Weekly Options

19 nov 2024

SPY
We expect the next two weeks through Thanksgiving to be quiet before we continue on this rally into the end of year through all-time highs. This week we are focusing on the range from $583 up to $598. We have weaker levels at $586 and $591.70.

Here are our weekly options contracts for both sides of the trade. For confirmation, we use 15-30 minute candle closes over/under our entry level.

$590 CALL 12/2
Entry: Retest Confirmation OVER $586 or $583.56
Targets: ($586), $588, $591

$584 PUT 12/2
Entry: Retest Confirmation UNDER $583.56
Targets: $580.90, Long-term trendline

26 nov 2024

Trade chiuso: obiettivo raggiunto

BOTH TRADES paid out here!

Thanks for following and cheers for the boosts!

Will post this weeks updated analysis here shortly...