Enter SPY131108P176 Half Posted at: October 30th - 1:10 PM Weekly Option Alert Alert Message I suggest beginning a very risky no stop loss, Spy 176 put. Enter a half size position and buy the second half if the market rises into the Fed announcement around 2pm et 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.