I plan on buying a call on spy when it hits 180.5, It has support levels that go back over a year many times it has bounced off this level. I do not think we will end up dropping below this level but not at first. I plan on buying a call at 180.5 with a .20 trailing stop loss
Note
replace 180.5 with 280.5 in every instance of the post. lol.. my bad
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.