With the FED repo schedule and the continual bullish nature of this market can SPY ETF reach 320 by EOD tomorrow July 8th? Let me know in the comments what you think and tweet at me on twitter @thekungfunerd . My play this week was puts yesterday for a quick 100% return and now I'm holding 0 day 320 SPY calls expiring tomorrow. I have no regrets and im not worried either way. I also wouldn't be surprised to see SPY hit 320 by close today / open tomorrow. Cheers and Go Make Money
I think that we can see it hit 320 for sure this week. Yeah it seems risky but I think tomorrow we open strong even though we closed below. Today would have been a good day to jump in for 320 calls. I sold mine early Monday when it hit 317.
TrendTraderX
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I say 3300 by the end of next week.
Kungfunerd
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My man! Yeah I could of sold some calls and re-bought at EOD but I didn’t. Thanks for sharing your insight!