SPY130322P154 Posted at: March 13th - 8:42 AM Weekly Option Alert Alert Message If you are still in this play you were basically made whole at the open. They are strippin premium so you may consider exiting High Risk no stop loss. I suggest the 154 SPY puts currently at .84 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.