Update on SPY and QQQ puts from yesterday Posted at: April 24th - 9:07 AM Weekly Option Alert Alert Message This morning at the open we will buy the second half of these positions. This will reduce our cost basis and if the SPY gets over 189.10 we will sell out. 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.