This play on 
SPY is an option swing off bottom into a v-shape or cup and handle long but as the Ninja scalper alerted we are getting in early of the trade.
Playing early is risky and this is hedged by using profit from the short position with put options.
Implied volatility will get crushed so the hope is the move outpaces the crush and as it is Friday this will occur quickly.
Trade is smaller hold is longer
For access and support visit the website in the signature.
The trade alert is based as always on the Trade Trend Indicator suite based on 24 years of stock trading experience
The TTI Suite identifies high probability of profit trade entry ideas and account saving exits
#TradeSafe #Tradesocially #TheDarkArmy
None of this is investment advice just for your infotainment and edutainment
SPY is an option swing off bottom into a v-shape or cup and handle long but as the Ninja scalper alerted we are getting in early of the trade. Playing early is risky and this is hedged by using profit from the short position with put options.
Implied volatility will get crushed so the hope is the move outpaces the crush and as it is Friday this will occur quickly.
Trade is smaller hold is longer
For access and support visit the website in the signature.
The trade alert is based as always on the Trade Trend Indicator suite based on 24 years of stock trading experience
The TTI Suite identifies high probability of profit trade entry ideas and account saving exits
#TradeSafe #Tradesocially #TheDarkArmy
None of this is investment advice just for your infotainment and edutainment
The #VoodooWarlord and MSQO are the driving factor for all #BanterBucks trade ideas. They are based on 27+ years of trading experience to help guide trades. Not financial advice, edutainment.
x.com/Osirustwits
x.com/Osirustwits
Related publications
Disclaimer
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.
The #VoodooWarlord and MSQO are the driving factor for all #BanterBucks trade ideas. They are based on 27+ years of trading experience to help guide trades. Not financial advice, edutainment.
x.com/Osirustwits
x.com/Osirustwits
Related publications
Disclaimer
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.