New Enter SPY131011P166 Posted at: October 10th - 8:53 AM Weekly Option Alert Alert Message As per the morning blog there is a ton of resistance in the 167 range. I suggest a new SPY 166 put SPY131011P166 that expires tomorrow be bought at the open. High Risk 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.