Weekly SPY Options: Bull & Bear Scenarios

3 dic 2024

We are back after another banger week for SPY options. Last week's $605 Call 12/9 ran for 31.4%. This is how we are prepared for both sides!

📜 $604 CALL 12/16
Entry: Retest of $603.37 and 15-min close OVER
Target: $604, $605
Stop-loss: 15-min close UNDER $603.37

📜 $600 PUT 12/16
Entry: Breakdown and 15-min close UNDER $603.37
Target: $601.25, $598
Stop-loss: 15-min close OVER $603.37

SPY

9 dic 2024

Trade attivo

📜 SPY | $604 Call 12/9
Beautiful breakout with a retest confirmation the afternoon after this trade idea was posted. We stairstepped our way up past both targets up to $609. Here was the profit potential as a day trade and short-swing.

Day trade:
$445 -> $487
+$42 | +9.4%

Swing:
$445 -> $700
+$255 | + 57%