Good Morning!

Yesterday had some action in the first 90 minutes or so and then after SPY dumped it was left trading range bound for the majority of the day. Some days are like that. SPY offered no real entry so we didn’t trade it has a group.

Today’s added volatility may offer what we need to find a solid trade on SPY! If you want to join our live alerts community where this data is being reviewed in real time to make trades be sure to use the link below!

I’ve auto applied the discount for your first month!

Whale Watching is our recurring segment where we share the most significant options purchase by smart money from the previous trading day.

The market is red today so it makes sense to share one of the puts that came in yesterday via alerts. This return peaked at 208% yesterday and looks like it could deliver even more returns today!

SPY is obviously down over 1% premarket and is looking a little nasty this morning. It is on the edge of some negative gamma and certainly has some room it could fall below the current mark. Largest concentration of any node as I type is the 735 range and that is on tomorrow’s expiration. High beta names especially are being punished this morning. These charts can be used to profit even in red markets. I will work on delivering the best updates I can to take advantage of this volatility and find profitable trades!

Today is going to open ugly. It could sell of worse or it could rise throughout the day. We will monitor the data to predict our best movements of the day.

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