Ok, so I am thinking if progress is made on China trade negotiations AND we get a resolution to the shutdown, it is good for a 10% move in SPY.
Currently you can buy March $265 calls for $3.75
A 10% move on SPY at 253 would be $278, making the calls worth at least $13.75
I mean you can do stuff like this any time but this is my prediction for a good gamble on a short term move.
Or just go to Vegas. But you have to endure that flight and all the walking. But there are the buffet and crab legs at the Bellagio...
Currently you can buy March $265 calls for $3.75
A 10% move on SPY at 253 would be $278, making the calls worth at least $13.75
I mean you can do stuff like this any time but this is my prediction for a good gamble on a short term move.
Or just go to Vegas. But you have to endure that flight and all the walking. But there are the buffet and crab legs at the Bellagio...