Big Win And Next Move

Posted by Joe Duffy | Mar 13, 2026 | Joe Duffy's Trading Advantage | 0 |

The spread trade I gave last week…. long SPY March 13 700 call/ short SPY March 13 680 call at $10.80 credit is set to expire on Friday. As long as the SPY stays under 680, it is a $1060 per contract profit, based on a $960 cost and total risk per contract.

The market looks like it may want to range trade a bit longer in this zone. I don’t think it exceeds 680 SPY again for any considerab;e period unless the environment we are in geo politically changes dramatically. That 6800 zone is likely a good area to consider shorts again if we bounce there.

Thanks,

Joe

PS-Recently I opened up a new program that I have been working on for the past few years. At a key point, I tweaked the formula and this thing has been absolutely on fire. If you want to see the trades it is kicking out, click here.

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Joe Duffy

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