
Rocket Update 03-23-23 Sell to Close SPY Put
.618's are everywhere in this market! The ES traded right to the .618 and then gave it all the way back! 70 points up from the close last night, and 70 points down from the high made this morning, and it's not even 3pm ET.
We are selling our options position. We are up almost 100% since yesterday. Sell to close the $400 SPY Put. It is trading at about $7.75. We got into it at about $4.00 yesterday. No reason to risk it when this market is going to give us plenty of chances in both directions.
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