Enter SPY130906P163 Posted at: August 28th - 2:49 PM Weekly Option Alert Alert Message Markets are weak across the board with big issues ahead. I suggest the September 163 puts SPY130906P163 currently trading at 1.09. No initial stop loss 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.