I think this could be a good play to buy into. Looking at the previous high, and the daily candles, we might be able to push to where it was. Anyone else feel like a new high is coming this week for spy? I'm really trying to recover from the gap down a few weeks ago. I have a lot of nvdl shares I'm planning to sell tomorrow to make this play.

    Spy 564 calls for Friday 8-23
    byu/truautorepair000 inoptions



    Posted by truautorepair000

    7 Comments

    1. Best of luck, I have some SPY calls too, except they’re for 12/19/25, not Friday

    2. Queasy-Produce-3674 on

      I feel like with Jackson hole things could get a bit interesting. I’ll be personally be sitting Friday out

    3. S&P just pumped consecutively for 8 days. Surely it will continue on the 9th, and 10th too

    4. Leather-Produce5153 on

      i don’t hate it as long as you have a technical reason on the under to enter.

      what’s your exit strategy?

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