/r/options_trading
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SPY FINDS STABILITY ABOVE THE BUY ZONE SETTLING AT-0.70 A MAJORITY OF BUYERS ARE POSTIONING AT OR BELOW -0.80 MONDAY WAITING TO ATTEMPT A TURN AROUND. SPY SOLD OFF AS EXPECTED PURE TECHNICAL SELLING. FINAL PUSH DOWN IS NEEDED THE BIGGER THE BETTER BEFORE BULLS REACTIVATE.
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4 free option lunches (the vol at earnings) with a potential calendar spread on a dying company (LYFT) - in case it doesn't make it to the next one.
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