Tuesday, March 1, 2022, 1430ET
Market Bias for Issue #357
Our current Market Bias with Timer Digest is SHORT SPX since FEB 02 at 4589
Our previous Market Bias was LONG SPX since FEB 01 at 4546
Here are the trade parameters for this week:
SPX Money Management STOP = 4400
SPX Current Price is = 4309
SPX Profit Target = 4220
|
Action |
Asset |
Expiration |
Strike |
Option |
Last |
Mid-Point |
BUY |
SPY |
Friday APR 1 |
430 |
Puts |
14.65 |
14.75 |
SELL SHORT |
SPY |
Friday APR 1 |
420 |
Puts |
11.18 |
11.15 |
You need to execute both legs and hold it as a Put-Spread.
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