$SPY Grabbed calls on Fridays EoD dump

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Because we see a pump.
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SPY 3/5 395 @ 0.35
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The best case here would be a gap fill (look to the far left)and a Monday EoD close around 380. Perfect bear trap
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Closing half of my SPY calls @ 0.70 got a free ride to 390-395
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Closed rest for 1.20. QQQ has some room to go, so my guess is SPY will churn around this area at worst (for us) or makes a dip for us to enter calls again.
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Grabbed SPY 3/5 Mar @ 0.21
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O shit forgot it’s Wednesday, not Thursday, lol
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Will close calls 2/5 SPY 395 on new LOD
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I had a brain fart and thought yesterday was Thursday. What we think happened yesterday: zero GEX was at 389ish and some heavy Put OI was around that level, resulting in de-risking, which added to the downward pressure.

View for today; why i bought calls yesterday thinking it was Thursday: Zero GEX SPY 3/5 Mar moved from 388 to 386. We have Fed talking heads today. Expecting SPY to revisit this level. I'll be looking for a SPY session dip to enter calls (preferably after 10am)
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Updated view SPY
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In SPY c 389 3/5 for 0.36
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Crazy moves! Got out @ 0.5 before Powell started to move the market. Watching from the sideline
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Follow the Market Maker when trading ETF options...
Beyond Technical AnalysisSPDR S&P 500 ETF (SPY)

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