BY LICIA LESLIE
October 20, 2023
Hi Shoppers,
The SPDR S&P 500 ETF (Ticker: SPY) has closed well below its support level at $430:
Looks like the next support level comes in at those previous lows at $421.85.
I like taking a shot on today’s puts, check them out:
The 425s seem to be a decent shot.
Like I said I am seeing next stop below $422.
Thanks for Reading … See You Next Tuesday,
Licia Leslie
Licia Leslie
Head of Technical Analysis
See what's hot at option pit
CAPITOL GAINS: SMR Aug16 7 call closed for a 150% gain
DELTA STRIKE: VLY Mar15 8 puts closed for a 88% gain
PFE May17 26 calls closed for a 66% win
OP MENTORING: SPY Mar22/19 510 put calendars and 520 calls for 6.4% gain
OPTION SHOPPER: ERX Mar28 65 calls closed for a 90% gain