Exit SPY puts Posted at: July 25th - 7:43 AM Weekly Option Alert Alert Message Markets are going to open down but the US market has been recovering all morning, I suggest exiting early for probably no better than breakeven. Tough choppy market manipulated by earnings, stimulus, interest rates and currencies. 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.