Enter SPY131011P169 Posted at: September 23rd - 9:37 AM Weekly Option Alert Alert Message Those that have exited this trade should consider getting back in. Weakness persists in the market this time of year. Traders Almanac states Monday last day of the quarter, Dow down 11 out of 15 years. Tuesday, first trading day of Oct Dow down 5 out of last 7. Buckle up till Congress and the House come together I suggest entering the SPY 169 puts that expire in 16 days. SPY131011P169 currently at 1.33 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.