Update On Weekend Trade Idea
With the SPY gapping up this morning to 415.95 as I type this. I think its prudent to adjust the short call spreads I noted saturday to 430/431 from 425/426. The 425 level likely still won’t be seen this week but its always best to take a gap up as an opportunity to minimize risk and since none of us have put the trade on, I wanted to get this out. On s…
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