Coach Gang,
Update on my post from earlier on the $SPY 765 call option. I said earlier 100 contracts purchased at the close yesterday at $0.06 for $600 would have been $30k because the high hit $3 when I posted it.
Now the high is $8.05, so that means $600 would have turned into $80k.
Wishing you a strong and meaningful Christmas season. I’m sincerely grateful for your loyalty, trust, and unwavering support—it does not go unnoticed. May this time bring well-earned rest, renewed focus, and the drive to take on the year ahead with confidence and purpose. Thank you for standing with me. Merry Christmas Coach Gang!
Coach Gang,
Studying the average range and change on the $SPY along with a technical setups is way to make large gains. Look at the previous close on the $765 call for today at $0.06 and look at today’s high above $3.00. The reason I picked the $765 call because it’s in the average 50 day range. Had you bought 100 contracts for $600 the next day it would have became over $30k.
