2k and SPY - not SPX - options

You took a big 60% plus hit out the gate, but it seems like you know what you are doing. You can do this. Just scale down somehow?
Thanks for the confidence my dude. Traded patiently, smoked some herb and played out the thesis. How did your day go.
 
long 1 SPY 300 May call for 1.90...
spot 270.4

notes: i don't love getting long in here i think there is some room down, but just to hedge bets on this strength in the 270-271 area i'm going to nibble, thats the advantage of the spy calls..
 
I'll look to tune into the 300 strike a little earlier on the calendar now unless we get a strong selloff and then i'll see what's up on the current series
 
Back
Top