$SPDR S&P 500 ETF (SPY.US)$ I hope you are using stop losses...
$SPDR S&P 500 ETF (SPY.US)$ I hope you are using stop losses. With that said, I would buy a call option, purchase it at 3:55, 5 minutes before the market closes, and hold it through the regular market swing until next week.
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KennSpeed : I was looking at Level 2 data for SPY this morning. However, I saw a lot of sellers over the buyers so I didn’t move in on this one. I’ll buy SPY 5 minutes before closing also.
KennSpeed : Hi Knowledge,
If this was 5 minutes before closing, which action would you take and why would take that action? Just want to know your thought process. Thank you.
TrinityRose : @KnowledgeIsPower What strike price?
Trader-101 OP KennSpeed : I simply recommended it that way because people sold off in the market but the effects of motivation because of an incident about Gilly people started buying the last Hour so with that said sorry use your best motivation and buy where you see opportunity motivation I wasnt on here to even worse it or to relax it