Should We Be Worried?
SPY continues to make record highs, and is up 23% since September. Nice. And ITM is up 95% – even nicer!I am often asked: can it continue to go up? To answer that I would have to be able to foresee the future, which is not one of my talents! What I CAN do is […]
Lazy ITM or Turbo ITM?
If you are trying to decide whether follow the Turbo ITM or roll your option or stick with the Lazy ITM, i have made a graph that may help you decide.At today’s prices you could roll your 225 Sep 21 option (worth $186.20) for two 325 Jan 22 options. The chart below show the different […]
ITM April Update
Well, not only did SPY not stop at 400, it just went straight through without any fuss. Amazing! Although don’t be surprised if it retraces and retests 400 from the top side, this often happens. I will be monitoring it closely and if I see any danger signs I will post here.But its all good […]
