on the 3 drives up today: SPY options expiring tomorrow.
1. 286 call traded 23 cents to 70
2. 287 strike - .23-.75
3. 288 strike - .20-.63
I like to pay .15-.30 - these seem to have most leverage / most volume..
Yesterdays selloff. 283 put (exp yesterday) - .18 - 3.50+
hear is the math on the potential profit if you had these 4 consecutive successful trades..starting with $100 and using all monies for the next 3 trades = $52,500 or 525 ROI .being realistic and catching 1/2 of this = 262 ROI...you get the idea here - much can be accomplished..!