Monday, March 14, 2022, 1530ET
Market Bias for Issue #358
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 = 4325
SPX Current Price is = 4177
SPX Profit Target = 4000
|
Action |
Asset |
Expiration |
Strike |
Option |
Last |
Mid-Point |
BUY |
SPY |
Friday APR 14 |
415 |
Puts |
13.83 |
13.53 |
SELL SHORT |
SPY |
Friday APR 14 |
400 |
Puts |
9.90 |
9.98 |
You need to execute both legs and hold it as a Put-Spread.
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