12/11/2022 Plan: This week we return to an S&P 500 ETF, SPY (Ticker: SPY) 12/11/2022 Plan (continued): 12/11/2022 Commentary: SPY hit an intraday high of 410 on December 1st. This trade assumes we don’t exceed that value for the next couple of weeks. In down or sideways markets, I like […]
SPY
7 posts
11/5/2022 Plan: This week we look at Lennar (Ticker: LEN) and a bearish play in SPY 11/5/2022 Plan (continued): 11/5/2022 Commentary: Lennar is a home builder, not exactly an industry in favor right now, but this trade has quite a bit of room between the current stock price of nearly […]
9/5/2022 Plan: This week we look at Crowdstrike (Ticker: CRWD) – warning, risky trade 9/5/2022 Plan (continued): CRWD – sell the Sept 30 140/135 put spread for 0.45 SPY – sell the Oct 7 420/425 call spread for 0.53 Prices are as of market close 9/2/2022, actual fill and strikes […]
4/30/2022 Plan: This week we take a look at SPY (Ticker: SPY) 4/30/2022 Plan (continued): SPY – Buy the Jun 3rd 410/392 1×2 put spread for a 1.87 credit Note – large accounts only Prices are as of market close 4/29/2022, actual fill and strikes may differ depending on Monday’s […]
In case you missed it, the market shot up almost 5% last week. With this big move, I had some shares of SPY called away on Friday (short call against long stock). This week we discuss a few ways to get right back into the market to position ourselves to […]
Limited time only! Everything must go! Generic marketing statement! As hard as it is to believe, the market was at all time highs closing on February 19th at 339.08. Here is a three month chart of SPY, showing that peak, plus our recent close of 228.02 on March 20th. It […]
3/22/2020 Plan: Volatility is still very high, but is just starting to come down from the peak. While predictions are always dangerous, we have likely already seen the high in VIX for this downturn. Just a little over a month ago, SPY topped out at 339.08. That seems like a […]