I'm looking to enter $357 SPY spreads and holding till DOE on the 22nd. I'm aiming to collect 5-6 credits per-contract with a goal to grow capital invested by a minimum of 5% for the week.
-With the SPY trading at roughly $375, we would need a -4.8% move to the downside for the week for the price to come down into the range of our strick.
-Price is trading above the 50 and 200 day SMA
-$357 is below the 50 day SMA.
-Strike is in the zone on .382 fib retracement zone for 52 weeks high and low.
-In the zone of support on 4h chart.
-91%-93% of OTM if held to DOE.
Let me know what you think. Have a nice day.
-With the SPY trading at roughly $375, we would need a -4.8% move to the downside for the week for the price to come down into the range of our strick.
-Price is trading above the 50 and 200 day SMA
-$357 is below the 50 day SMA.
-Strike is in the zone on .382 fib retracement zone for 52 weeks high and low.
-In the zone of support on 4h chart.
-91%-93% of OTM if held to DOE.
Let me know what you think. Have a nice day.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.