SPY130705P160 Posted at: July 3rd - 8:31 AM Weekly Option Alert Alert Message Very high risk. I suggest the SPY160 puts SPY130705P160 that expire Friday currently at .75 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.