SPX Trading
We plan to Buy to Open .SPXW241211C6065 (SPX weekly option: CALL, Strike: 6065 Expiration: 12/11/24) at limit price of 13.7 *please note trading guidelines.
SPY Trading
We plan to Buy to Open .SPY241211C606 (SPY weekly option: CALL, Strike: 606 Expiration: 12/11/24) at limit price of 1.25 *please note trading guidelines
SPX
We purchased .SPXW241211C6065 (SPX weekly option: CALL, Strike: 6065 Expiration: 12/11/24) at a price of 10
SPY
We purchased .SPY241211C606 (SPY weekly option: CALL, Strike: 606 Expiration: 12/11/24) at a price of 0.83
If .SPXW241211C6065 (SPX weekly option: CALL, Strike: 6065 Expiration: 12/11/24) , comes down to 5 we will likely exit both SPX and SPY option positions.
If .SPXW241211C6065 (SPX weekly option: CALL, Strike: 6065 Expiration: 12/11/24) , comes down to 7 we will likely exit both SPX and SPY option positions.
If .SPXW241211C6065 (SPX weekly option: CALL, Strike: 6065 Expiration: 12/11/24) , comes down to 9 we will likely exit both SPX and SPY option positions.
If .SPXW241211C6065 (SPX weekly option: CALL, Strike: 6065 Expiration: 12/11/24) , comes down to 13 we will likely exit both SPX and SPY option positions.
If .SPXW241211C6065 (SPX weekly option: CALL, Strike: 6065 Expiration: 12/11/24) , comes down to 15 we will likely exit both SPX and SPY option positions.
SPX
We exited our SPX Option at 14.9 for a profit of 49%
SPY
We exited our SPY Option at 1.26 for a profit of 52%
