Exit SPY 164 Calls Posted at: September 3rd - 8:39 AM Weekly Option Alert Alert Message We got the pop we were expecting for today. I suggest selling the SPY 164 calls from Friday within the first 5 min today, not worth the risk of staying. 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.