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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 687.72+0.7%Jan 5 4:00 PM EST
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From: expiredoptions2/7/2013 9:31:39 AM
   of 221348
 
I am going to place snag orders in for the S3B put trade because for the Mar 151 puts to go from
2.51 to 1.90 the Spy would be in unchartered territory at 152.55 which is about +11 SP500 points higher
then the recent 5 year high (1514.96). It would have no choice but to pull back a little and give me reward.

S3B: EM=3 LM=2 D=EM-1 R=1 S=5 7P C=LO3..............MAR151P C25=1.90 L15=1.60
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