Forex Stock Exchange Forum
Would you like to react to this message? Create an account in a few clicks or log in to continue.
Forex Stock Exchange Forum

Forum About Trading on Forex,Stock,Binary Options, CryptoCurrency and NFTs


Cyborg Pro
advertisement

Hulk trading robot
advertisement

Yukimura trading robot
advertisement

You are not connected. Please login or register

Forex Stock Exchange Forum  » Forex and Stock Trading English Forum » Stock Market »  SPDR S&P 500 ETF (SPY)

SPDR S&P 500 ETF (SPY)

Go down  Message [Page 1 of 1]

1attention SPDR S&P 500 ETF (SPY) Fri Feb 10, 2017 2:55 pm

Yuri

Yuri
Moderator

SPDR S&P 500 ETF (SPY), $230.60.

daily chart
[You must be registered and logged in to see this image.]

Trade:  We recommend selling 10 Mar $225 calls (36 DTE) around these closing prices of $6.88 x 6.98/share (extended hourly so should get price improvement).
Strategy:  Breakout on daily and weekly charts after false breakdown and uptrend on the monthly chart.  Will look to sell calls against it to reduce basis after rally.

Max Gain:   Unlimited
Max Loss:  Cost basis.
Stop Loss:  $227.98.

source:mastertrader

Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum