Tuesday, May 6, 2025, 0955ET
Market Bias for Issue #392
Our current Market Bias with Timer Digest is SHORT SPX since Tuesday, April 29 from 5,560
Our previous Market Bias was FLAT SPX since April 24 at 5,484
Here are the trade parameters for this week:
SPX Money Management STOP = 5,750
SPX Current Price is = 5,588
SPX Profit Target = 5,450
|
Action |
Asset |
Expiration |
Strike |
Option |
Last |
Mid-Point |
BUY |
SPY |
Friday June 6 |
558 |
Puts |
12.85 |
12.85 |
SELL SHORT |
SPY |
Friday June 6 |
549 |
Puts |
9.27 |
9.46 |
You need to execute both legs and hold it as a Put-Spread.
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Note:
When we change our Market Bias with Timer Digest, You need to take action asap. With PMT Pro, that is before the Close that day and with the basic PMT, at the open of the next day. The following trading day, we will issue new SPX targets and a new SPY options trade, as long as our new market bias with Timer Digest is NOT flat.
Fari Hamzei
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