Enter IBM 160429P144 Posted at: April 20th - 10:08 AM Weekly Option Alert Alert Message IBM reported earlier this week and is getting a dead cat bounce. I suggest entering next weeks 144 Puts SPY160429P144 at market, currently trading at 1.10 Limits & Stops SELF DIRECTED TRADERS: Weekly Option alerts should be traded with 50% stop loss targeting 20% - 50% returns. Additional Trades View all recent trades. Weekly Options Instructions All options are buy to open, sell to close. Options follow the following format: Stock + Expiration Date + Option Type + Strike Price. Example QQQ201220C120 = QQQ 2020/12/20 Call $120. Read Weekly Options Guidelines for more information about how to trade our Weekly Options strategy.