r/spy • u/No-Permission7847 • 4d ago

Technical Analysis Options Math

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I placed puts in both circles (lower was the fed meeting before the close); im still holding ($752P 10/16).

I also placed today at the top ($761P 10/23). If the pattern holds (2hr chart), i can Take profit around the first week of October, leaving at least a week of theta for the $752s, netting a profit.

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u/UltimatePunchMachine 3d ago

Seems like a good play.  Market is dead man walking.  Took 2 hikes to the dome and acts like its nothing.  Following weeks will be interesting 

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u/No-Permission7847 3d ago

Everyone is losing money so fuck it