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KingJulian

11/12/2020 13:32

$SPDR® S&P 500 ETF Trust Spy pivots for today
High: 358.7
Low: 355.8

Last two days of the week remaining so ill buy puts only after the test/rejection of 358.7. It can happen a lot quicker than you think. In PM today, the 354.6 gap is filled so if it opens above 354.6, then 358.7 test will happen quickly.

Will buy 358 puts expiration tomorrow and will update you all if we can hold this overnight to sell at market open after a gap down😊

Goodluck
Disclaimer: The comments, opinions and analysis expressed herein are for informational and educational purposes only and shoulk not be considered as individual investment advice or recommendations. Webull is not responsible or liable in any way for comments posted by pur users.

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All Comments(6)

aja***com11/12/2020 14:52
its sputtering out of gas... @KingJulian Great TA as always

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Eddie11/12/2020 14:12
Good morning

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Invest Guru11/12/2020 13:51
right about the low Queen Julia but wrong about the highs, it's going higher

KingJulian11/12/2020 14:14

Will see

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Dreday11/12/2020 13:45
you think a quick call to 358-359 at open (depending on price actions) is a good idea and then switch to puts if all goes according to plan?

KingJulian11/12/2020 13:51

I personally dont like the calls play

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Diddy11/12/2020 13:45
Julian give Us an analysis on nio

KingJulian11/12/2020 15:16

Not playing NIO

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Dreday11/12/2020 13:44
good morning and thank you for the game plan!

KingJulian11/12/2020 14:14

👍

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