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SPY weekly options
Anyone trade SPY weekly options? (Puts and calls on the S&P.)
If one is correct, 10 to 1 on a Friday is likely. 100 to 1 is possible.
On Friday, when the time premium is almost zero, an “in the money” will go point for point (almost) with the cash.
An “out of the money” will increase dramatically.
It is really a “bet” not an investment, which should resonate well with Gals/Guys on this site.
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