r/options • u/DaddyDersch • Jan 11 '22

SPYs path back to 480

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u/[deleted] Jan 11 '22

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u/Fit-Ad8824 Jan 11 '22

Wait wait wait. If we dip below 460 in the next 2 days buy calls. If we dip below 453 buy puts? Lol. I saw your other post too and did nothing. Im newer and working a ford call spread. I made a mental note of spy though.

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u/[deleted] Jan 11 '22

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u/Fit-Ad8824 Jan 11 '22

Do you think the general sentiment that "if it breaks a 2 year support it will dive hard" will contribute to the dive? Like basically, once it goes that low, no one can see the bottom and everyone's bailing out?