The SPY is having an indecisive session so far basically trading right where it opened for the last 2.5 hours with no range on the index today. Nothing to report just normal consolidation after the move we just had. Tomorrow is Vixpiration so probably keeping us in check for a little bit. Overall it is May and that’s when things start to slow down anyways and we have a long weekend coming up with no market monday because of Memorial Day, so traders aren’t really rushing to put positions on right now. Also, later this afternoon we have a sit down with David Faber and Elon Musk, perhaps that had something to do with all those bullish Tesla trades I flagged yesterday and why its up 2% right now in a red tape.
My Open Book
I put on 2 trades today
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